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It’s a Convenience Charge, You Oxymoron
Absolutely Live Nation is getting a rebate back from Ticketmaster. This practice has been going on ever since Ticketmaster started in business. (Why do you think so many buildings and promoters signed deals with Ticketmaster - they had the best model and the rebates help mitigate the huge risk the promoters take on their shoulders). Live Nation is taking their ticketing "in-house," but don't think for a minute that service charges will go down. 100% of the money will just now go to Live Nation instead of Ticketmaster. Go to their shows if you wish, but don't invest in the company. Citigroup is a better bet.— December 10, 2008 8:11 p.m.