Slack DMs Reveal Live Nation Execs Bragging About Overcharging Fans

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Source: Pitchfork
Slack DMs Reveal Live Nation Execs Bragging About Overcharging Fans
Photo: Pitchfork
TL;DR Summary

DOJ settlement with Live Nation leads to release of 2022 Slack direct messages in which two executives joke about overcharging fans and price-gouging for tickets and ancillary services; Live Nation says the chats don’t reflect company policy. The agreement imposes caps on service fees (15%), limits exclusivity to four years, divestitures at 13 venues, and a nearly $300 million payout to states, while some attorneys general push to continue the case.

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