5/23/24: Last News

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All news where 5/23/24 is mentioned

nypost.com
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Rapper Sean Kingston’s home raided by cops, mom arrested over alleged failure to pay for $150K sound system in ongoing scheme
in a photo obtained by WSVN.The allegations against Kingston stem from a lawsuit filed against Kingston in February by Ver Ver Entertainment LLC, which is seeking damages from the “Beautiful Girls” crooner for breach of contract and fraud.Kingston reached out to Ver Ver via Instagram in September 2023 and bought a 232 -inch Colossal TV, as well as a sound system, the company alleged in the documents viewed by The Post.The typical price of the massive television alone starts at over $91,000, according to the retailer’s website – with the speaker system and assembly tacking on another $20,000 bill.In order to lower the price of the $111,000 purchase, Kingston supposedly promised to make promotional videos about the products with his friend, Justin Beiber, the suit said.Kingston, 34, and Beiber, 30, famously collaborated on the song “Eenie Meenie,” which appeared on Beiber’s 2010 debut album.At the time of the television purchase, however, Kingston had “no ongoing work” with the pop star, nor did he “have any intention” of making the promotional content, the lawsuit alleged.“[Kingston] made these false statements to induce Plaintiff into a 232-inch installing Colossal TV and sound system with as small a down payment as possible,” the scathing filing claimed.Kingston and Ver Ver entered into a contract in late October, which outlined that Kingston would wire a $30,000 down payment, followed by a second installment of $47,827.16 to be paid after the tech was installed and the social media videos worth over $38,000 were posted, the exhibits showed.At the end of the deal, Kingston would have received the new television and sound system for only about $77,827.16 – or almost $33,000 less than the original price.After the
nypost.com
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DOJ sues Live Nation over high prices, seeks to break up Ticketmaster merger
concert ticket prices and hurt artists.“It is time to break up Live Nation,” said US Attorney General Merrick Garland.Concert fans and politicians for years have been calling for a re-examination of Live Nation’s purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor Swift’s first concert tour in years, sending fans into hours-long online queues, charging prices that customers said were too high and drawing charges of poor service.Thursday’s legal action underscores the aggressive approach President Biden’s antitrust enforcers have adopted as they seek to create more competition in a wide range of industries, from Big Tech to healthcare to groceries.“Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” Garland said, adding that as a result fans pay more in fees, artists have fewer opportunities to perform and smaller promoters get squeezed out.Shares of Live Nation were trading down 5%.Live Nation called the suit a possible “PR win for the DOJ in the short term,” but said the entertainment company would prevail in court. The lawsuit “won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows.”“There is more competition than ever in the live events market,” it added.The suit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.
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