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Press Release - Ticketmaster's Recent Misleading Comments Yet Another Reason to Block Merger
December 14, 2009

For Immediate Release                                                             Contact: Shannon Flaherty
December 14, 2009                                                                 Phone:    (202) 347-6762

NATB: Ticketmaster’s Recent Misleading Comments
Yet Another Reason to Block Merger

WASHINGTON: The National Association of Ticket Brokers (NATB), the non-profit trade association dedicated to protecting consumers and the secondary ticket market, today released the following statement from Ken Solky, NATB’s president, in response to recent media placements by Ticketmaster claiming that fans have access to the full amount of tickets available.

“Consumers should not buy the snake oil Ticketmaster is trying to peddle.  Ticketmaster tries to suggest there is an open market where artists, promoters, and venues control the supply of tickets for events.  But that’s just a half truth, par for the course for Ticketmaster.  What they don’t tell you is that Ticketmaster owns or controls many of these sources of tickets, since they own Front Line Management that represents numerous artists.  That control will be even more overwhelming if they are permitted to merge with the largest venue management company, Live Nation.

“Ticketmaster paints the myth that ticket brokers are an obstacle to competition.  They are simply wrong.   Ticket brokers actually acquire relatively few tickets and sell a very large portion below face value.  A very large quantity of the best tickets are never even offered for sale to the average fan by the artists, venues and promoters.

“Ticketmaster is once again leading the public to believe their paperless ticketing effort is a benefit to fans, when it’s actually just another one of their anti-competitive efforts designed to prevent any transfer of tickets by fans….unless they get to charge another fee.

“These are all key factors as to why the Department of Justice should block the merger and any further monopolistic power.  It’s time for fans and industry alike to stand up to the ticketing giant and demand real transparency into their operation, not their spin.”

For more information on NATB and consumer protection efforts, please visit www.NATB.org

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About the National Association of Ticket Brokers (NATB)

The National Association of Ticket Brokers (NATB) was formed in 1994 by a group of leading ticket brokers involved in the sale of sports, concerts and theater admission tickets, for the purpose of establishing an industry-wide standard of conduct and to create ethical rules and procedures to educate the public concerning ticket-brokering services and to serve the primary goal of the NATB -- promoting consumer protection. All members of the NATB are dedicated to the principle of assuring the public that dealings with NATB members are conducted with integrity, reliability and convenience. To this end, the NATB has created procedures that permit the public to report improper and unethical conduct by ticket brokers, and to disseminate consumer protection warnings and guidelines. Through self-governance, the NATB has provided many enhanced protections for ticket-buying consumers. The NATB has worked with law enforcement agencies across the country, state and federal legislators and the NFL and other professional sports leagues and teams, to accomplish these goals, and has been vital in the NFL's fight against counterfeit and stolen tickets.

More information about the NATB is available at www.NATB.org

About NATB’s Ticket MarketPlace

NATB offers its “Ticket MarketPlace” site as a resource for the public to purchase tickets directly from a reliable source. All tickets available on this site are for sale only by NATB Member Brokers, assuring the consumer that the tickets being purchased are from a source that provides consumer protection, confidence, and a written guarantee as provided by the NATB’s strict Code of Ethics.

To access the NATB Ticket Marketplace, please visit www.NATB.com.


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