Yankee Stadium Ticket Control Who Controls The Majority of The New York Yankees Baseball Tickets?
.Stubhub - Gotickets - TicketLiquidator - RazorGator - TickCo - TicketLuck - TicketSoulutions
As more private scalpers and the companies listed above profit from Yankee Tickets in secondary markets the Yankees can continue to raise their prices and preclude the real fan from having access to the majority of Yankee Baseball Tickets at reasonable prices.
How is it that thousands of Yankee baseball tickets are only available through scalpers?
Who gets the tickets to: .Stubhub - Gotickets - TicketLiquidator - RazorGator - TickCo - TicketLuck - TicketSoulutions
How are New York Yankee tickets filtered and sold to scalpers?
Follow the money!
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“THE HOUSE THAT GREED BUILT”
Alfred Branch Jr.is a respected writer with a clear understanding of how sporting events and specifically the New York Yankees are not stopping scalpers to form a monopoly and secondary market for Yankee Tickets. Because it benefits the Yankees.
As recently as February 17th 2009 Alfred wrote a great article about the merger of Live Nation and Ticketmaster
It appears that not only ticket and entertainment industry insiders are among the ones questioning the planned merger of Live Nation and Ticketmaster.
A group of Ticketmaster Entertainment shareholders have filed a class action lawsuit against the company claiming that the deal allegedly undervalued Ticketmaster. The planned merger calls for Live Nation to issue 1.384 shares of its stock for every share of Ticketmaster stock under what is valued as a $2.5 billion deal.
According to the Los Angeles Business Journal, the lawsuit was filed late last week in Los Angeles Superior Court and calls on a judge to stop the planned merger, which is in the midst of federal regulatory review.
Among the reported claims the lawsuit makes includes a belief that Ticketmaster executives purposely exploited the company's low stock price in making the deal, and that some company executives allegedly made side deals for their own benefit outside of the merger agreement. These alleged separate benefits may have come at the detriment of shareholders, according to the Los Angeles Business Journal.
Ticketmaster did not return a message seeking comment. News of the lawsuit comes just a few days after Live Nation's largest shareholder announced he may oppose the deal if Ticketmaster Chairman Barry Diller does not take a lesser role in the newly merged company, to be called Live Nation Entertainment.
If Live Nation Entertainment is added it will get even worse for the fan.
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