Jury Rules: Ticketmaster and Live Nation Are an Illegal Monopoly
US jury says Live Nation/Ticketmaster broke antitrust laws by controlling concerts. Fans paid more; judge will decide penalties.
US jury says Live Nation/Ticketmaster broke antitrust laws by controlling concerts. Fans paid more; judge will decide penalties.
FTC sued StubHub for hiding extra fees until checkout, making tickets look cheaper than they are. New rules require full prices upfront.
StubHub posts $535M Q4 loss and misses forecasts as revenue falls to $449M. Shares drop after weak outlook despite AI strategy.
UK government announces plans to outlaw reselling concert and sports tickets above original price, targeting touts who inflate costs by up to 490%.
StubHub launched its IPO at $23.50, valuing the ticket platform at $8.6 billion and raising $800 million. Co-founder Eric Baker's years-long goal was achieved as "STUB" shares hit NYSE, joining a busy IPO market after multiple delays.