Who Is Making Money on Your Concert Tickets? It’s Not Just Taylor Swift - WSJ

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/concert-ticket-money-2326873d The Justice Department’s antitrust suit against Live Nation Entertainment LYV 2.52% increase; green up pointing triangle landed in the middle of a live-events boom. Amid seemingly insatiable consumer demand to see concerts—from Taylor Swift to the Rolling Stones, Bad Bunny and Pink—the federal government alleged Thursday that Live Nation has a monopoly in the live-events markets and uses that power to squelch competition and drive prices higher for consumers. The company uses its “flywheel” of businesses across concert sponsorship, promotion and ticketing to control the economics of live events and hinder competition, the DOJ alleged. “T

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/concert-ticket-money-2326873d The Justice Department’s antitrust suit against Live Nation Entertainment LYV 2.52% increase; green up pointing triangle landed in the middle of a live-events boom. Amid seemingly insatiable consumer demand to see concerts—from Taylor Swift to th