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    1. News
    2. Business News
    3. Live Nation Jury Verdict Reveals Harmful Monopoly Over Denver Concert Tickets
    Business News

    Live Nation Jury Verdict Reveals Harmful Monopoly Over Denver Concert Tickets

    A New York jury found Live Nation and Ticketmaster wielded a harmful monopoly, forcing Denver fans to pay extra for tickets. The verdict highlights vertical integration at venues like the Fillmore and raises questions about future service fee reductions.

    Laura WhitfieldMay 6th, 20263 min read
    Live Nation Jury Verdict Reveals Harmful Monopoly Over Denver Concert Tickets
    Image source: FILE - The Ticketmaster logo is seen along the sideline of the field before an NFL football game, Sept. 15, 2024, in Jacksonville, Fla. (AP Photo/Phelan M. Ebenhack, File)

    Is your $12 service fee on a Denver concert ticket actually illegal, or just the cost of doing business with the company that controls the stage?

    That’s the question hanging over the Western Slope’s live music scene after a New York jury decided Wednesday that Live Nation and its Ticketmaster subsidiary wielded a harmful monopoly over big concert venues. The answer, according to the verdict, is that you’ve been paying extra for the privilege of being locked in a system that doesn’t really have competition.

    The jury found that Ticketmaster’s anticompetitive practices led to people in 22 states paying an extra $1.72 per ticket. It sounds small. Maybe you wouldn’t notice a buck and a half on a $50 ticket. But scale that up across tens of thousands of shows, and you’re looking at hundreds of millions of dollars in potential restitution. And that matters because it’s not just about the fee. It’s about who holds the keys to the arena.

    Live Nation owns, operates, or controls booking for hundreds of venues. In Colorado, that includes the Fillmore Auditorium in Denver. When you buy a ticket for a major act there, you’re likely buying it from the same company that booked the act and often owns the building. It’s a vertical integration that state attorneys general argued stifled competition.

    The trial gave fans a backstage pass to the inner workings of the business. Jurors heard from Live Nation CEO Michael Rapino, who blamed a cyberattack for the 2022 Taylor Swift ticket debacle. But the real drama came from the internal messages. A Live Nation employee, Benjamin Baker, declared some prices “outrageous” and called customers “so stupid.” He boasted that the company was “robbing them blind, baby.”

    Baker, who has since been promoted to a ticketing executive, apologetically testified that the messages were “very immature and unacceptable.”

    Not exactly.

    The verdict won’t immediately lower your ticket prices. The relief is likely to come later, when the judge hands out penalties. But the threat is real. The companies could be forced to sell some of their concert venues. Imagine a scenario where the Fillmore is no longer part of the Live Nation ecosystem, forced to open its doors to competitors like SeatGeek or AXS. The jury’s ruling suggests that the current setup isn’t just efficient; it’s anti-competitive.

    Live Nation isn’t taking this lying down. In a statement, the company said the verdict “is not the last word on this matter.” They predicted that once the remedy phase is complete and appeals are resolved, the outcome won’t differ much from the settlement the federal government reached just after the trial began. That deal included a cap on service fees at some amphitheaters and new ticket-selling options for promoters.

    But here’s the thing though: a settlement is a compromise. A jury verdict is a judgment. And this one found that the monopoly was harmful.

    For locals who spend hundreds on tickets each year, the $1.72 figure is a starting point. It’s the tangible proof that the system is rigged. The companies could be assessed additional penalties. They might have to divest themselves of entities, including venues they own. The clock is ticking on the remedy phase.

    Picture this: a sold-out show at the Fillmore. The lights go down. The band plays. But the ticket in your hand? It cost a little more than it should have. And now, a jury in New York has decided that’s on purpose.

    • Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues, jury finds
      Colorado Sun
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