Get the latest gossip

NIVA Says Live Nation a Bigger Threat to Indie Venues Than Scalpers in Letter to FTC, DOJ


Live Nation is a bigger threat to indie venues than scalping, said NIVA in an open letter sent to the FTC and DOJ on Monday (July 7).

The letter follows a call for public comment from the two agencies in the wake of an executive order by President Trump earlier this year aimed at addressing long-standing consumer complaints about the event ticketing business. In his letter to the FTC and DOJ, NIVA executive director Stephen Parker accused Live Nation of using its vertically integrated “flywheel” model to outbid independent concert promoters for artist tours, knowing that the money the company loses on the concert business will be made up from revenue from ticketing fees, venue ownership, artist management fees, merchandise sales and advertising and sponsorship packages it sells to major brands. He also accused the company of unfairly enforcing its radius clauses, punishing artists who opt to work with independent promoters and “demanding to be added as a ‘co-promoter’ on shows it had no involvement in booking.”

Get the Android app

Or read this on Billboard

Read more on:

Photo of FTC

FTC

Photo of niva

niva

Related news:

News photo

Music Industry Moves: Universal and UCLA Announce Berry Gordy Scholarship; NIVA Names Audrey Fix Schaefer President of Board

News photo

‘Fortnite’ Players to Receive More Than $126 Million in Refunds From FTC

News photo

Trump’s FTC Places Condition on Omnicom’s $13.5 Billion IPG Acquisition That Would Bar Agencies From Boycotting Media Based on ‘Political or Ideological Viewpoints’