The Utah senator participated with others in the subcommittee hearing by referencing the pop musician’s lyrics.
It Perhaps it is a stretch of the imagination to say so Sen. Mike Lee It is possible to SwiftieHe knows at most a few of these things. Taylor Swift’s songs.
At You can find more information at Senate Hearing by subcommittee Tuesday To find out more about the concert ticket seller TicketmasterThe Utah Republican Among the many lawmakers who followed in the footsteps of the chair was he. Sen. Amy Klobuchar, D-Minnesota. in quoting lyrics Swift’s songs.
Those Tik has seen an explosion in quotesToK and Twitter, as senators referred to some of the artist’s most iconic chart-toppers.
There’s one from “Blank Space,” When Lee talked To keep ticket prices down, limit ticket reselling “I think it’s a nightmare dressed like a daydream.”
In Another clip was captured by Forbes From the C-SPAN feed Lee Refers To the classic “You Belong With Me.” “She’s cheer captain and I’m on the bleachers,” Lee Originally published by Klobuchar. “Nice of Taylor Swift to have written a song about this very situation.” (Klobuchar Chair of the Senate Subcommittee On Competition Policy, AntitrustAnd Consumer Rights; Lee This is the ranking Republican On the subcommittee.
Lee To emphasize the point of the hearing, forget the jokes. To Check out claims Ticketmaster holds a monopoly on the live entertainment market — and whether the company’s dominance in the ticketing industry led to its spectacular Abbreviations When Swift’s “Eras Tour” Tickets went on sale in November.
In 2010, Ticketmaster absorbed Live NationA company that manages the majority of live music venues throughout the country is called. United States — including Utah’s USANA Amphitheatre The Depot. The Many critics in the industry claim that mergers have made it difficult for fans and artists to use other services to sell tickets or book tours. Swift’s tour, combined with her far-reaching fanbase, prompted an Examen This is Ticketmaster’s market domination.
Both Republicans Democrats grilled Ticketmaster Officials Tuesday’s hearing. They Also, possible actions were discussed. These included making tickets non-transferable in order to reduce scalping and requiring greater transparency in ticket fees. Some It may be necessary to also split, as suggested by some. Ticketmaster Live Nation.
“The fact of the matter is, Live Nation/Ticketmaster is the 800-pound gorilla here,” Sen. Richard Blumenthal?, Connecticut Democrat. “This whole concert ticket system is a mess, a monopolistic mess.”
Live Nation’s President Chief Financial Officer Joe Berchtold Fans and supporters were sincerely sorry. Swift On TuesdayThe company believes it can do better, he said. Berchtold Ticketmaster Over the past decade, it has spent $1Billion to increase its security and prevent bots.
“We need to do better and will do better,” He stated.
CompetitorsLike Seat Geek CEO Jack Groetzinger, said even if Live Nation doesn’t own a venue, it prevents competition by signing multi-year contracts with arenas and concert halls to provide ticketing services. If those venues don’t agree to use Ticketmaster, Live Nation May withhold acts That This makes it hard for competitors and market disruptors to enter the market.
“The only way to restore competition is to break up Ticketmaster and Live Nation,” Groetzinger .
Lee said Tuesday You can find the Justice Department Is again investigating Live Nation After the Swift ticket fiasco. At He said that this was the point. Congress We should ask ourselves if the department made the right decision to allow the merger.
“It’s very important that we maintain fair, free, open and even fierce competition,” Lee said. “It increases quality and it reduces price. We want those things to happen.”
Editor’s note • The Associated Press Contributed to this article.