SeatGeek CEO Jack Groetzinger called to break up Ticketmaster and Live Nation during the Senate Judiciary Committee's hearing following the TaylorSwift ticket debacle.
Joe Berchtold, president and CFO of Live Nation Entertainment, and Jack Groetzinger, CEO of SeatGeek, are sworn in during the Senate Judiciary Committee hearing titled Thats the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment, in Hart Building on Tuesday, January 24, 2023.on competition within the ticketing industry this morning and a number of witnesses have already set high stakes for the congressional probe, calling for drastic action in the ticketing space.
Amy Edwards and Parker Harrison demonstrate against the live entertainment ticket industry outside the U.S. Capitol January 24, 2023 in Washington, DC., longtime promoter with Jam Concerts in Chicago who spoke out against the merger during Congressional hearing in 2010, called the deal “a vertical integration on steroids” and said its arena promotion business has decreased 90 percent since the merger.
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