It's not that LN owns the venues, but that the venues have an exclusive ticket a... | Hacker News

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tylergetsay on Oct 21, 2023 | parent | context | favorite | on: Ask HN: Why has no one replaced Ticketmaster?

It's not that LN owns the venues, but that the venues have an exclusive ticket agreement with TM. So if you want to perform at this venue, you must sell via TM. When my startup was trying to compete, we found that basically every single outdoor amphitheater had exclusive ticket rights. This makes stuff like crowdfunding a concert impossible

cbsmith on Oct 23, 2023 [–]

Right, but now you have to ask yourself why do the venues have exclusive ticket agreements with TM rather than another ticketing vendor?

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