Live Nation has damaged its silence in regards to the Taylor Swift and Ticketmaster drama.

Earlier this week, tickets for Taylor‘s upcoming Eras tour went on sale and it was not easy crusing for anybody concerned.

Within the newest improvement, too many tickets had been bought through the pre-sale that the general public on-sale was canceled as a consequence of inadequate stock.

Click on inside to learn what Stay Nation stated about all of it…

On Friday night (November 18), Stay Nation issued an prolonged assertion in regards to the debacle, coming to the protection of Ticketmaster, even calling it “essentially the most clear and fan-friendly” service of its form obtainable.

Right here’s the full statement:

As we’ve got said many instances previously, Stay Nation takes its tasks underneath the antitrust legal guidelines critically and doesn’t interact in behaviors that would justify antitrust litigation, not to mention orders that may require it to change basic enterprise practices.

The live performance promotion enterprise is extremely aggressive, with artist administration answerable for choosing their selling crew. The demand for dwell leisure continues to develop, and there are extra promoters than ever working with artists to assist them join with followers via dwell reveals. The Division of Justice itself acknowledged the aggressive nature of the live performance promotion enterprise on the time of the Stay Nation-Ticketmaster merger. That dynamic has not modified.

Ticketmaster has a major share of the first ticketing providers market due to the massive hole that exists between the standard of the Ticketmaster system and the subsequent finest major ticketing system. The market is more and more aggressive nonetheless, with rivals making aggressive gives to venues. That Ticketmaster continues to be the chief in such an setting is a testomony to the platform and people who function it, to not any anticompetitive enterprise practices. 5 years in the past tickets had been paper, now you scan in together with your telephone, and may switch tickets to your pal with one faucet. We innovate and spend money on our expertise greater than some other ticketing firm, and we’ll proceed to take action.

Secondary ticketing is extraordinarily aggressive, with Ticketmaster competing with StubHub, SeatGeek, Vivid and plenty of others. No critical argument could be made that Ticketmaster has the type of market place in secondary ticketing that helps antitrust claims.

For the previous 12 years Stay Nation has operated underneath a Consent Decree that amongst different issues seeks to forestall anticompetitive leveraging of Stay Nation promoted content material to benefit Ticketmaster. Pursuant to the Amended Decree voluntarily entered in 2020, Stay Nation’s compliance is monitored by a former federal decide. There by no means has been and isn’t now any proof of systemic violations of the Consent Decree. It stays towards Stay Nation coverage to threaten venues that they gained’t get Stay Nation reveals if they don’t use Ticketmaster, and Stay Nation doesn’t re-route content material as retaliation for a misplaced ticketing deal.

Ticketmaster can also be essentially the most clear and fan-friendly ticketing system in the USA. Ticketmaster doesn’t set or management ticket costs, strongly advocates for all-in pricing in order that followers will not be shocked by what tickets actually value, and is the undisputed market chief in ticket safety and preventing bots. Ticketmaster additionally doesn’t embrace misleading and questionable secondary ticketing practices prevalent on rival websites comparable to speculative ticketing.

We’re happy with the work we do throughout each concert events and ticketing, and can proceed working to enhance and help the dwell occasions trade.

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Beforehand, Taylor spoke out in regards to the state of affairs, revealing she’s personally ticked off.

Following the drama, the Division of Justice was stated to be investigating the company.