Ticketmaster gets subpoenas

Four government agencies in the U.S. and Canada, including the Justice Department, are investigating the West Hollywood company's activities in reselling concert tickets. Ticketmaster is being asked for information relating to its dealings with ticket brokers, including the names of every broker who resells tickets on its TicketsNow site. That's a secondary ticket service - basically a legal form of scalping, in which the ticket seller splits a commission with a Web site that facilitates the transaction.WSJ has an early story, but it's not clear what investigators are going after. One possibility is the recent incident in which fans trying to buy Bruce Springsteen tickets were directed to the TicketsNow site, where seats were priced at many times their face value. Ticketmaster's proposed merger with concert promoter Live Nation is already under review by the Justice Department's antitrust division.

By the way, I have a piece in the April issue of Los Angeles magazine on the Ticketmaster-Live Nation deal.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner

Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook