Live Nation and Ticketmaster in merger deal
(AP)
Music Industry News
AP - Two of the biggest forces in the entertainment business are joining up.
Source: Yahoo! News: Music News
Ticketmaster limits resales with paperless ticket
LOS ANGELES - Ticketmaster Entertainment Inc. has developed a new way to resell tickets that shuts out the brokers and scalpers it has long scorned, and instead keeps the profits for itself, musicians and venue owners. The system relies on Ticketmaster's “paperless” ticketing platform, which makes customers prove their purchase by showing a credit card and ID when they arrive at an event. Without paper tickets, there's nothing for scalpers to resell. Ref. Source 6