Except this isn’t a balanced perspective. That Ticketmaster can help cover the increased costs of touring is not really relevant to the discussion of “why isn’t there a replacement for Ticketmaster?”.
Why?
Livenation and Ticketmaster controls like 70+% of the market for shows (https://insights.som.yale.edu/insights/did-ticketmasters-mar...). They own fuck tons of venues and literally can’t be competed with in a lot of instances. Theres not a competitor because it turns out that acquiring vast numbers of venues is expensive and is only something that a market leader like Livenation could do.
Why?
Livenation and Ticketmaster controls like 70+% of the market for shows (https://insights.som.yale.edu/insights/did-ticketmasters-mar...). They own fuck tons of venues and literally can’t be competed with in a lot of instances. Theres not a competitor because it turns out that acquiring vast numbers of venues is expensive and is only something that a market leader like Livenation could do.