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0 pointskxrm2y ago0 comments

> Potentially, a big player with money to burn can undercut them

I guarantee you that Ticketmaster's pockets are much deeper. They have entrenched themselves. This romantic notion that consumers should strike against situations like this or that smaller players should find edges in are just not realistic to me because of the entrenchment, coercion and scarcity at play here.

A very popular band in the 90s tried to fight Ticketmaster. They failed. So I just don't understand this narrative in the face of all the evidence that these tactics just don't or won't work.

https://news.yahoo.com/1994-pearl-jam-took-ticketmaster-2300...

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failuser2y ago

I’m talking about someone like a big venture capital fund or a big bank. Or someone like Saudis. That’s a lucrative field. Ironically, any company doing this will want to take the place of monopoly, not increase competition in the long run.

kxrmOP2y ago

I don't see it. There are far better investments than going after Ticketmaster. As soon as you enter this market you are fighting a giant that has a $1 Billion war chest not to mention very favorable venue holdings that they can immediately use as leverage to destroy you.

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failuser2y ago

kxrmOP2y ago

j / k navigate · click thread line to collapse