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montemanm1 t1_j5p82ns wrote

Is it the artists that sign contracts with Ticketbastards, or the venues, the record companies, or some combination?

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MegaAscension t1_j5qiog5 wrote

Ticketmaster owns nearly all the large venues. Ticketmaster also own merch distribution companies. They also own artist promotion companies. So if an artist cuts ties with Ticketmaster, they get locked out of really everything. Ticketmaster has a whopping 300+ subsidiaries. Link to everything they own- https://www.sec.gov/Archives/edgar/data/1335258/000119312511050243/dex211.htm

They also make up 89% of ticket revenue shares.

Artists don't have much of an option.

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