Ben Cesario
👤 SpeakerAppearances Over Time
Podcast Appearances
The jury was completely persuaded by the government's case, and it was a real victory for the states that continued this.
Well, first of all, this case is not over.
There's going to be a whole separate trial that will happen probably in a few months where the judge will determine what are called the remedies for this.
That's how is Live Nation going to be punished.
Breaking up the company still is on the table.
That is one option available to the judge.
There will also be monetary damages that will go to the states.
That will be a heavily contested thing between the government and Live Nation.
There may be appeals and so forth.
So we know there's going to be some kind of ramifications for Live Nation.
I think for average music fans, the big question of what this case, what this case has all been about is, will this lower ticket prices?
Will this help me when it comes to my wallet?
I think we really don't know that yet.
For the biggest shows, for those Beyonce concerts, for Bruce Springsteen, for the Kendrick Lamar tour, that's where it really gets into that supply and demand dynamics.
And it really is about those artists charging what they think they're worth and what fans are willing to pay for it.
And what we've seen is that fans will go through anything to
to see their favorite artists.
If that fan was willing to pay $1,000 for that Beyonce ticket yesterday, they might still pay that same $1,000.
The question is, who gets it?