Submitted by havereddit t3_125c4d2 in explainlikeimfive
MurderDoneRight t1_je457dr wrote
Reply to comment by havereddit in ELI5: Everyone knows that Ticketmaster is the biggest scumbucket enterprise on the planet yet no band seems able to avoid their grasp. What's to stop a really major act (e.g. Taylor Swift) from performing in venues that are not controlled by Ticketmaster, or just setting up a parallel company? by havereddit
On the height of their popularity Pearl Jam tried this, they even brought it to congress, and failed. Setting up your own venues costs a lot, most festivals loses money. They have exclusivity deals with all these venues too, that includes stadiums and other sport venues.
It's a shit show and everyone knows it, but everyone involved is making money so...
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