American singer-songwriter Kid Rock is calling on Congress to take action against what he calls Ticketmaster's monopoly over the music industry.
Ticketmaster tickets and gift cards are shown at a box office in San Jose, Calif., on May 11, 2009. A pre-sale for Swift’s U.S. tour next year resulted in crash after crash on Ticketmaster. A pre-sale for Swift’s U.S. tour …. They have a monopoly. And even though I make a lot of money for them and I love the people at Live Nation – we’ve done great business together – I’m like, this is f——- up,” Mr.
“I’ll be the first one to admit, I’m overpaid. There’s no reason to make this much money. But I can’t control it, because the market dictated, and‘s much-debated fees and business operations came under bipartisan scrutiny during a high-profile hearing in Congress last year. The event marked a rare occasion where both Democratic and Republican legislators shared common ground in their concerns.“They made over a billion dollars in the secondary market last year.
“And they could cut it out but the government will not hold them responsible to stop the bots,” he said. “The government says, ‘We’re going to do it,’ and they’re not doing sh—. And these bots are out of hand.”
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