Oasis, Ticketmaster and live music’s future

ABC News Daily

Oasis is coming to Australia, but many fans will have already accepted they either won’t manage to get a ticket or if they do it’s going to cost a lot of money.

So, what goes on behind the scenes with the big ticketing companies that control our live music scene?

Today, Avani Dias on her Four Corners investigation into dynamic pricing and how Australian artists are allegedly being ripped off.

Avani Dias reveals that while dynamic pricing won't be used for Oasis tickets in Australia, Ticketmaster is under scrutiny for its use in the United Kingdom, which caused ticket prices to surge unexpectedly.

She explains how Live Nation, the owner of Ticketmaster, has a business model that involves buying up smaller live music businesses, including venues and merchandise sellers, giving it significant control over the industry.

Avani discusses the impact on Australian artists, who often see a small fraction of the revenue from their performances due to various fees imposed by Live Nation.

She highlights concerns from industry insiders, including Peter Garrett, about the lack of regulation and the potential exploitation of artists.

Avani also touches on the broader implications for the future of live music in Australia.

Featured:

Avani Dias, Four Corners reporter

Key Topics:

• Oasis tour
• Dynamic ticket pricing
• Live Nation
• Live music
• Ticketmaster
• Music industry regulation
• Grassroots music
• Artist revenue