Ticketmaster and Live Nation have been in hot water since the coronavirus pandemic began. With canceled and postponed events worldwide, the companies are facing various lawsuits over their refund polices for canceled events.
All of this started in April when Olivia Van Iderstine and Mitch Oberstein sued Ticketmaster and its parent Live Nation. They claim that the companies have a monopoly on live events and can charge “extraordinarily high fees” for tickets.
The companies then filed a motion in June. They argue that users have to agree to their terms of service at least three times. Included in those terms are a mandatory arbitration provision and a waiver of class action rights.
Earlier this month, Live Nation was hit with even more criticism. In a reported memo, the company plans to have artists take on more financial burden over canceled shows in 2021. This is in efforts to keep the company from financial ruin if another pandemic causes events to be canceled worldwide. At this time, Live Nation has made no official statement about these reported plans.
The full lawsuit motion is available to read below.