Saturday, September 30, 2023
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

Liberty Media CEO Defends Ticketmaster After Taylor Swift Ticket Fiasco

in News
Liberty media ceo defends ticketmaster after taylor swift ticket fiasco
Share on LinkedinShare on WhatsApp

The CEO of Liberty Media defended Live Nation against criticism after glitches and site failures during Ticketmaster presales for Taylor Swift’s upcoming tour.

“The site was supposed to open up for 1.5 million verified Taylor Swift fans. We had 14 million people hit the site, including bots, which are not supposed to be there.” Greg Maffei said to CNBC Thursday. He noted that Ticketmaster sold more than 2 million tickets on Tuesday and demand for Swift “could have filled 900 stadiums.”

The public’s response on Swift’s first tour since 2018 “exceeded every expectation,” Maffei said.

Liberty Media owns a majority stake of Live Nation. Since merging with Ticketmaster in 2010, Live Nation has faced criticisms about its size and control over the market.

After the ticket sale fiasco, Senator Amy Klobuchar criticized Ticketmaster saying she has “serious concerns” about the company’s operations following a service meltdown.

In an open letter to its CEO Michael Rapino, the Democrat from Minnesota said that complaints from Swift fans suggests that the company “continues to abuse its market positions.”

“Ticketmaster’s power in the primary ticket market insulates it from the competitive pressures that typically push companies to innovate and improve their services. That can result in the types of dramatic service failures we saw this week, where consumers are the ones that pay the price,” Klobuchar wrote.

Tags: Liberty MediaLive NationTicketmaster

Related Posts

Costco begins selling gold bars to customers
News

Costco begins selling gold bars to customers

Pending home sales sink to new low
Industry

Pending home sales sink to new low

Nike falls short of revenue expectations
Business

Nike falls short of revenue expectations

Epic games to lay off 16% of its staff
Management & Leadership

Epic Games to lay off 16% of its staff

Us consumer spending misses expectations in q2
Business

US consumer spending misses expectations in Q2

Weight loss drug prescriptions surge 300% in less than three years
Business

Weight loss drug prescriptions surge 300% in less than three years

Kia and hyundai issue recall on 3. 4 million vehicles
Business

Kia and Hyundai issue recall on 3.4 million vehicles

Peloton shares rise after lululemon partnership announcement
Business

Peloton shares rise after Lululemon partnership announcement

Uaw adds pressure for expanded autoplant strikes
Industry

UAW adds pressure for expanded autoplant strikes

Dow takes biggest dip since march
Industry

Dow takes biggest dip since March

No Result
View All Result

Recent Posts

  • Delta to modify changes to frequent flyer program
  • Mineral mining could affect US water supply
  • Netflix nixes DVD rental subscriptions
  • Costco begins selling gold bars to customers
  • Pending home sales sink to new low

Recent Comments

  • Juul Unveils Cutting-Edge Vaping Tech: Navigating FDA Uncertainties – iStreetPark Blog on Juul hopes FDA won’t ban its new high-tech vape
  • CEO North America, August - September 2023 - CEO North America on Interviews – CEO North America, October – November 2022
  • CEO North America, August - September 2023 - CEO North America on CEO North America, December 2022 – January 2023
  • CEO North America, August - September 2023 - CEO North America on Why Tech Companies Are Moving to Texas and Florida
  • CEO North America, August - September 2023 - CEO North America on CEO North America, February 2023 – March 2023

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

 

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

CEO North America © 2022 - Sitemap

No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In