Live Nation Entertainment Applauds President Biden's Call for Fee Transparency & Supports FTC Mandating All-in Pricing Nationally
October 26 2022 - 1:14PM
PR Newswire (US)
LOS
ANGELES, Oct. 26, 2022 /PRNewswire/ -- We applaud
President Biden's advocacy for fee transparency in every industry,
including live event ticketing. Live Nation Entertainment advocated
for the all-in pricing mandate passed in New York earlier this year, which requires
face-value prices and fees to be shown upfront – and we support the
FTC mandating this nationally. We operate ticketing marketplaces in
30+ countries around the world and have seen all-in pricing adopted
successfully in many countries when mandated across the board. This
only works if all ticketing marketplaces go all-in together, so
that consumers truly have accurate comparisons as they shop for
tickets.
About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world's leading
live entertainment company comprised of global market leaders:
Ticketmaster, Live Nation Concerts and Live Nation Media &
Sponsorship. For additional information, visit
www.livenationentertainment.com.
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SOURCE Live Nation Entertainment
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