12/10/2024
If you care about live entertainment in your area, this is for you! ⬇️
Amrita Khalid’s deep dive for Sherwood takes a hard look at Live Nation Concerts’s sweeping dominance in the live entertainment industry and how their monopolistic practices impact independent venues, festivals, promoters, artists, and fans. From ticketing and venue ownership to parking, food and beverage, VIP experiences, sponsorships, and more, Live Nation’s grip extends into nearly every aspect of the live music ecosystem—ensuring they profit at every turn while making it harder for independents to compete.
In the article, NIVA - National Independent Venue Association Executive Director Stephen Parker offers a critical perspective, highlighting the struggles faced by independent venues and promoters who are left to navigate a market stacked against them. Khalid’s reporting underscores how Live Nation’s practices ripple across the industry, resulting in fewer opportunities for competition, rising costs for fans, and shrinking space for independent operators to thrive.
This isn’t just about tickets and fees—it’s about protecting the heart of live entertainment and ensuring that artists, venues, and fans have a fair and competitive ecosystem.
🔗 Dive into this thoughtful analysis to better understand the stakes and the fight to level the playing field at the link below! https://sherwood.news/business/its-not-just-tickets-and-fees-how-live-nation-quietly-takes-your-money-at/?fbclid=IwZXh0bgNhZW0CMTEAAR0wd6UmZY9PeXsZ_qTPo-5hgJwEXEU9cPO4GUVo-zOAbZryQjLZqC3KwRE_aem_afvpAfmNUZeQqI6kKxxPhw