Ticketmaster

Live Nation's primary ticketing business, the largest by reported volume

Overview

Ticketmaster is the ticketing business of Live Nation Entertainment, the Beverly Hills-based live-entertainment company listed on the New York Stock Exchange.[1] It is the largest platform in this list by reported volume. In the third quarter of 2026 Live Nation’s Ticketing segment generated revenue of US$870.3m, up 9%, and adjusted operating income of US$315.7m, on a record 98 million fee-bearing tickets; concerts accounted for 95% of fee-bearing ticket growth and international markets for 75%. Ticketing revenue for the first nine months of 2026 was US$2.49bn.[1]

Ticketmaster works under long-term contracts with venues and promoters, sells through its consumer marketplace and apps, and also operates secondary resale; secondary gross transaction value was flat in the third quarter of 2026.[1] Its scale is its main advantage for very large on-sales.

Its main drawback is legal and reputational. The US Department of Justice antitrust case filed in May 2024 sought remedies including divestiture of Ticketmaster; Live Nation settled with the United States in March 2026, but a jury found for the remaining litigating states on 15 April 2026, and the company has recognised US$450m in connection with that verdict while it pursues post-trial motions and an appeal. A separate FTC lawsuit filed in September 2025 concerns advertised prices and ticket limits.[2] Fees are not published as a standard schedule.

Ticketmaster features

  • Consumer marketplace and mobile apps
  • Primary sales for arenas and stadiums
  • Integrated secondary resale
  • Global operations with international growth
  • Promoter integration through Live Nation

Ticketmaster pricing

Quote-based. Fees are set under venue and promoter contracts and charged to buyers as service fees; no public schedule.

Ticketmaster strengths and limitations

Strengths

  • Largest primary ticketing volume reported
  • Strong marketplace reach for major on-sales
  • Integrated resale
  • Global footprint

Limitations

  • Subject of US antitrust verdict and FTC suit
  • Fees not published
  • Contracts favour large venues and promoters
  • FTC alleges deceptive advertised prices

Appears in

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