Live Nation/Ticketmaster Subpoenaed By Senate Subcommittee Investigating Hefty Prices For Taylor Swift And Other Concerts
deadline.comUPDATED, with Live Nation response: A Senate subcommittee has subpoenaed Live Nation/Ticketmaster, demanding documents as part of an investigation into exorbitant ticket prices for Taylor Swift, Bruce Springsteen and other concerts.
Sen. Richard Blumenthal (D-CT), who chairs the Permanent Subcommittee on Investigations, wrote earlier this month to Live Nation Entertainment CEO Michael Rapino and said that, since the investigation was launched in March, the company has “failed to comply” with their requests.
Read the letter to Rapino. The investigation is looking into ticket pricing, fees and resale practices, among other things. The subscommittee also is seeking records related to Live Nation/Ticketmaster‘s “failure to combat artificially inflated demand fueled by bots in multiple, high-profile incidents,” Blumenthal wrote in his letter.
In a statement, Blumenthal said, “This subpoena demands that the company promptly comply with our request for documents essential to understand its business practices.
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