US sues to break up Live Nation-Ticketmaster 'monopoly'
Global News Podcast
BBC
4.3 • 8.3K Ratings
🗓️ 24 May 2024
⏱️ 35 minutes
🧾️ Download transcript
Summary
Live Nation - which promotes concerts, owns venues and sells tickets through its Ticketmaster platform - currently controls around eighty percent of major entertainment ticket sales in the US. Also: the French president speaks of an "unprecedented insurrection movement" in New Caledonia, and do you get frustrated when your name is auto-corrected online?
Transcript
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| 0:00.0 | This is the Global News Podcast from the BBC World Service. |
| 0:03.0 | I'm Nick Miles and in the early hours of Friday the 24th of May, these are our main stories. |
| 0:10.0 | The US Justice Department is seeking the breakup of the owner of Ticketmaster, accusing |
| 0:15.4 | the massive entertainment firm of harming concert goers and artists through an illegal monopoly. Louisiana's legislature has designated two commonly prescribed abortion pills |
| 0:27.3 | as dangerous controlled substances in a first for the United States. |
| 0:32.2 | A BBC team has met doctors treating resistance fighters |
| 0:35.8 | in Myanmar who've spoken of horrific injuries sustained during the war against |
| 0:40.5 | the military rulers. |
| 0:47.0 | Also in this podcast, we see entire galaxy clusters, but also small planets up to four times the mass of Jupiter. |
| 0:50.0 | We see regions where new stars are forming. |
| 0:53.7 | The European Space Agency says its Euclid Telescope has sent back the largest images of the universe |
| 1:00.5 | ever taken from space. For the companies selling them, tickets for live shows and concerts are big business. |
| 1:11.0 | And for the fans trying to buy the tickets things could often get |
| 1:15.4 | pretty emotional. |
| 1:16.4 | For the website fully crashed and it put me back at the beginning and I waited it for like six hours. |
| 1:26.0 | I'm so upset right now. |
| 1:28.0 | That was Taylor Swift fans upset in November 2022 when Ticketmaster's website crashed during a pre-sale period |
| 1:37.7 | for her era tour. |
| 1:39.7 | But it wasn't just technical difficulties that frustrated potential concert goers. |
| 1:44.5 | There were also complaints of high prices. |
| 1:47.8 | And it's that part which has come under the microscope on Thursday as the US Department of Justice announced that it has brought a case |
| 1:55.3 | against the entertainment giant live nation, the parent company of Ticketmaster. |
... |
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