Down With The Monopoly!

It’s about time!

Looks like Ticketmaster will have some serious competition. Hopefully this will cause it to be competitive – and lower its prices!!!!!!

Live Nation, the owners and promoters of music venues all around the world (who also gave Jay Z and Madonna those crazy $100 million contracts), will be launching its own ticketing arm once its contract with Ticketmaster expires at the end of the year.

A little competition is always good for us buyers!

But at the end of the day, Live Nation is a big corporation, too.

Just plan on them taking your money in other ways – like scalping their own tickets!

[Image via WENN.]