
CNBC reports:
A Senate investigative subcommittee on Monday said it has issued a subpoena to Live Nation Entertainment and its Ticketmaster subsidiary for information regarding ticket pricing and fees after a months-long probe that had not been previously announced. The subpoena “seeks records related to Live Nation/Ticketmaster’s failure to combat artificially inflated demand fueled by bots in multiple, high-profile incidents, which resulted in consumers being charged exorbitant ticket prices,” the subcommittee’s chair, Sen. Richard Blumenthal, D-Conn., wrote in a letter to Live Nation CEO Michael Rapino.
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Senate committee subpoenas Live Nation, Ticketmaster after months-long probe https://t.co/WqWjScMXFI
— CNBC Politics (@CNBCPolitics) November 20, 2023