Judge Clears The Way For Class-Action Lawsuit Against Clear Channel

Oct 26th, 2007 // 5 Comments

idolatortick.jpgDid you ever buy a concert ticket from a former Clear Channel venue and feel ripped off enough to let your anger simmer until the class-action-lawsuit route was clear? Well, you’re in luck:

A Federal judge in Chicago has paved the way for disgruntled ticket buyers in Los Angeles, Chicago, Boston, New York, and Denver to file class-action lawsuits against the company; the suits allege that the company used its market dominance–its ownership of local venues as well as the radio stations that promoted the shows–to foster an anticompetitive environment and drive up ticket prices. For its part, Clear Channel is claiming that all of these allegations are way out-of-date, because the company spun off its live concert business into Live Nation back in 2005. Still, this news will surely bring a schadenfreude-tinged smile to the faces of anyone who ever boggled at a $47.50 pre-surcharge price for a shed show that wound up underselling its capacity and slashing its less desirable seats to $10, right?

Federal Court Certificates Classes of Ticket Buyers to Clear Channel Rock Concerts in Antitrust Action [BusinessWire]

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  1. DJP

    Seeing as this is the main reason why I don’t go to shows anymore, I think this is outstanding.

  2. R. Morast

    DJP,

    I understand there’s a noticeable degree of hipster/academic elitism that’s pasted all over this Web site’s comments section. But did you actually stop going to concerts because of a philosophical disagreement with Clear Channel? From the perspective of a music fan, that’s like deciding to stop eating because you’re offended that Taco Bell doesn’t use real meat. Like fast food chains, all concert promoters smell suspect (at least a little).

  3. brainchild

    @R. Morast: I think he meant moreso the price was too much. And I agree. I just shelled out $100+ for an $86 ticket for Sly & The Family Stone in NYC. And fees, etc made me forego Stevie Wonder at Madison Square Garden, and probably Hall & Oates at Beacon Theater (no, I’m under 30 years old, and no I’m not trying to be ironic)

  4. thewriteguy

    Like, whatever.

  5. bcapirigi

    ooh, if clear channel loses maybe it’ll be like the cd price-fixing lawsuit way back when and i’ll be able to get a check for $12 in like 2014.

    now if clear channel could just stop owning almost every venue in boston.

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