Evening Edition: DOJ Files Lawsuit To Break Up Concert Ticketing Giant

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 23 May 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Department of Justice has filed a lawsuit against Live Nation, owner of Ticketmaster, for illegally inflating ticket prices to live events saying the two should be broken up for fairness. The lawsuit accuses Live Nation, also a large owner of concert venues, of forcing those venues to only host Live Nation talent while charging outrageous ticket prices, service fees and just access to the most popular shows. FOX's John Saucier speaks with Grady Trimble, FOX Business Network correspondent based in Washington-D.C., who breaks down what the lawsuit is about and how Live Nation has responded. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	While you're listening to this podcast, I'm causing mischief.
0:05.0	Like creeping past sleepy granddad to sneak a pot of Petty Faloo from the fridge.
0:12.0	Because Petty Fal Lou fuels the mischief.
0:15.0	Boom!
0:16.0	Mom says that Petty for Lou is made with calcium and vitamin D for healthy bones. She knows best, most of the time.
0:27.0	Fueling mischief with petty flu.
0:30.0	I'm Jason Chaffetz. I'm Anselyier Hart. I'm Brian Kilmeade and this is the Fox News
0:36.2	rundown. Thursday, May 23rd, 2024.
0:43.4	I'm John Sossier.
0:45.0	If you've purchased concert tickets recently, maybe by now you're fed up with all the
0:48.6	extra fees you get charged.
0:50.0	On top of the tickets face value, well so is the federal government.
0:54.2	The Justice Department announcing Thursday a new lawsuit against the live nation.
0:57.8	The company is the biggest player in live events, and it's not just the ticket sales process
1:02.3	that they've conquered.
1:03.3	Concert goers fans are paying higher prices for tickets because Live Nation controls essentially
1:09.5	all facets of the concert going process.
1:13.4	This is the Fox News rundown, evening edition.
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1:25.0	Introducing the McVitties Great Biscuit Break Bonanza, where you can win a beach break just by taking a biscuit break,
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	...

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