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"Tennessee Attorney General Jonathan Skrmetti is concerned about consumer complaints related to @Ticketmaster. He and his Consumer Protection team will use every available tool to ensure that no consumer protection laws were violated," Skrmetti's office said in a tweet Wednesday. “If it’s a consumer protection violation and we can find exactly where the problems are, we can get a court order that makes the company do better. The attorney general said he also had concerns about Ticketmaster profiting twice off ticket sales, with the website also facilitating ticket resales. “There is an incentive there for the company to profit twice off the sale of these ticket,” he said, according to WSMV.
Taylor Swift canceled her “Eras Tour” ticket sale to the general public planned for Friday after the presale for the pop star’s first tour in five years saw historic demand, overwhelming ticketing systems and leaving few available seats. In a statement, Ticketmaster confirmed that the general sale would be called off. The ticket seller said the cancellation was due to high demand and “insufficient remaining ticket inventory to meet that demand.”
Taylor Swift ‘s presale for her first tour in five years broke sales records as millions of fans rushed to snap up tickets despite glitches affecting Ticketmaster’s system and backlash from politicians over the ticket seller’s power. Ms. Swift’s 52-date stadium run sold over two million tickets on Tuesday—more than any other artist in a single day, according to the company. Tuesday’s presale was limited to a select group of people who had registered with Ticketmaster, part of an effort to ensure that actual fans, rather than scalpers, got first crack at tickets.
If you don't have a Citi credit card, Citi provides an immediate number upon approval of some cards. One such opportunity is happening right now: Citi credit card holders get early access to Pink's Summer Carnival 2.0 tour through November 20, 2022. If you've got a Citi credit card, that means one thing for you: The ability to purchase tickets before everyone else. If you have a Citi credit card, such as the Citi Premier® Card, Citi® Double Cash Card, or Citi Rewards+® Card , you're at the very front of the line. However, some Citi credit cards will instantly issue you a credit card number upon approval.
Live Nation is sympathetic to fans who couldn't get tickets, Greg Maffei said on CNBC's "Squawk on the Street" Thursday. "It's a function of Taylor Swift. Liberty also said it would create a new stock called Liberty Live, which will include its stake in Live Nation. People amplified their complaints this week when tickets for Taylor Swift upcoming Eras tour went on presale on Ticketmaster's website. Maffei also defended Live Nation against lawmaker and activist concerns that Ticketmaster and Live Nation are abusing their market power.
Tennessee AG Jonathan Skrmetti said he's looking into the Taylor Swift Eras presale meltdown. On Tuesday, Swift fans complained of long wait times and outages on Ticketmaster. "You would think Ticketmaster would be prepared," Skrmetti said. At a news conference, Skrmetti said he's investigating consumer complaints about the presale and said antitrust violations "could be an issue," per Bloomberg. He added: "As an industry player, you would think Ticketmaster would be prepared.
New York CNN Business —Senator Amy Klobuchar criticized Ticketmaster in an open letter to its CEO, saying she has “serious concerns” about the company’s operations following a service meltdown Tuesday that left Taylor Swift fans irate. Ticketmaster and Live Nation, the country’s largest concert promoter, merged about a decade ago. Klobuchar noted that the company at the time pledged to “develop an easy-access, one-stop platform” for ticket delivery. It’s no secret that Live Nation-Ticketmaster is an unchecked monopoly,” Rep. David Cicilline, currently the chairman of the Antitrust Subcommittee, tweeted on Tuesday. The Justice Department and states allowed the Live Nation Ticketmaster merger to go through despite a 2010 court filing in the case raising objections to the merger.
The Taylor Swift tickets queue was once a madhouse, before Ticketmaster canceled its public ticket sale. Some are pointing to Ticketmaster's merger with Live Nation as the reason that prices are high and competition low. An antitrust expert who testified against the merger told Insider that breaking it up "will be a major priority for the antitrust division" of the DOJ. "The value in going to the Taylor Swift concert is Taylor Swift," Balto said. The madness over Taylor Swift tickets has refreshed calls for the merger to be reexamined, with several lawmakers weighing in.
Ticketmaster was only supposed to be opened to 1.5 million "verified" Taylor Swift fans for presale. Live Nation's chairman said 14 million people tried to get tickets, and could've filled 900 stadiums. "Despite all the challenges and the breakdowns, we did sell over 2 million tickets that day," Live Nation's Greg Maffei said. However, among the 14 million fans were bots, "which are not supposed to be there," Maffei said. Maffei said Ticketmaster attempted to build "capacity for peak demand," but Swift's ticket sales "exceeded every expectation."
BEIJING/HONG KONG, Nov 18 (Reuters) - A slew of recent supportive measures will bring China's cash-strapped property developers much needed relief, but a full recovery of the sector will be hobbled by increasingly elusive buyers, say bankers, developers and analysts. "These policies will have little lasting effect and the property prices will not go up significantly," said Jack Yang, an engineer in Beijing, noting "future income" had become a key concern for homebuyers. Despite the recent liquidity-boosting measures, some bankers say developers continue to face credit risks given the uncertain outlook. According to UBS, Chinese banks have roughly 88 trillion yuan ($12.43 trillion) worth of exposure to the property sector. It estimates the property sector downturn will cost the banking system up to 1.4-1.5 trillion yuan in the next few years, mainly from potential losses in banks' unsecured property development loans, bonds, and non-standard assets.
Gap – The retailer popped 10% after beating Wall Street's estimates for revenue. Palo Alto Networks – Shares of the cybersecurity provider added 6.5% after beating expectations for revenue and per-share earnings, according to Refinitiv. Ross Stores – Shares shot up 15% following the discount retailer's report of beats on per-share earnings and revenue for the latest quarter. Keysight Technologies – The electronic design company added 4.2% after it reported beating FactSet's expectations for revenue and per-share earnings. Applied Materials – Shares rose 3.4% after the manufacturer known for its semiconductor offerings beat analysts' estimates on revenue and earnings for its fiscal fourth quarter.
Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. Live Nation, which merged with Ticketmaster in 2010, has faced longstanding criticisms about its size and power in the entertainment industry. People amplified their complaints this week when tickets for Swift tickets went on presale on Ticketmaster's website. "Eras" tour tickets are priced from $49 to $450, with VIP packages starting at $199 and reaching $899. "The [Taylor Swift] portal is not going well for many Swifties," Rep. Bill Pascrell, D-N.J., wrote in a tweet Tuesday.
The Justice Department and many state attorneys general have made similar complaints over the years. The Justice Department and states allowed the Live Nation Ticketmaster merger to go through despite a 2010 court filing in the case raising objections to the merger. In the filing, the Justice Department said that Ticketmaster’s share among major concert venues exceeded 80%. Past efforts to rein in Ticketmaster control over the ticket market have failed. The Justice Department and the states gave approval of to the Live Nation-Ticketmaster combination, but did call for some oversight.
#TaylorSwiftTix” one fan wrote, echoing the frustration of thousands of “Swifties,” the nickname for diehard Swift fans, vying to see their favorite artist in her first concert tour since before the pandemic. Backlash against the ticketing companies has also grown: When a major artist announces a tour, fans inevitably complain on social media about Ticketmaster’s high fees and unchecked scalping. Users shared screenshots of emails from Ticketmaster that said “Your invitation to TaylorSwiftTix Presale powered by Verified Fan.” “You’ve been selected!” the email reads. As for the Swift ticket sales chaos on Tuesday, Ticketmaster urged fans on Twitter to avoid going through its homepage to get tickets. "If you received a code to the TaylorSwiftTix Presale, please login and access the queue through the link you received via text rather than entering through the Ticketmaster homepage," Ticketmaster tweeted.
Later, Ticketmaster tweeted that there had been "historically unprecedented demand" for Swift's "The Eras Tour," her first since 2018, from millions of people. "The one time my daughter really needed me to come through for her, I ended up on the outside looking in, banished to the barren badlands of the Taylor Swift ticket waiting list wasteland," he said. He added that the 2010 merger of Ticketmaster and Live Nation, which had Justice Department approval, should not have been allowed. Hundreds of thousands of people did grab tickets to the U.S. stadium tour, Ticketmaster said. Reporting by Lisa Richwine; Additional reporting by Danielle Broadway in Los Angeles and Diane Bartz in Washington; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Ticketmaster has extended presales for tickets to Swift's upcoming "Eras" tour after fans flocked to the site, causing site disruptions and slow queues. The ticket seller took to social media to update fans about the intermittent issues its site was currently facing. "There has been historically unprecedented demand with millions showing up to buy tickets for the TaylorSwiftTix Presale," the company said. "Eras" tour tickets are priced from $49 to $450, with VIP packages starting at $199 and reaching $899. Ticketmaster has rescheduled a number of ticket queues in order to deal with demand, including West Coast venues and Capital One onsale.
White House Chief of Staff Ron Klain compared it to the success of the student-debt relief website. He said it supported 8 million borrowers who applied for relief in the first 30 hours. Since then, 26 million borrowers have applied through the online form. Two federal courts have blocked the debt relief in the past week. The Education Department is also not accepting any new applications for debt relief as these court battles play out.
Ticketmaster was experiencing technical difficulties on Tuesday as presale started for Taylor Swift's new tour. Swift's Eras tour, her first in five years, kicks off in 2023. Ticketmaster appeared to be crashing for some people hoping to snag tickets for Swift's upcoming Eras Tour, her first tour in five years. The presale kicked off Tuesday at 10 am EST, and outage reports surged at Downdetector.com leading up to the presale, and continued after. Needless to say, demand is high for Swift's tour.
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As the national presenting partner for Swift's tour, Capital One is offering credit and debit cardholders access to exclusive presale tickets. Fortunately, there is a legitimate way to score presale tickets . Tickets to Taylor Swift's The Eras Tour officially go on sale in just a few days, on Friday, Nov. 18. Here's how to get access to presale tickets to Taylor Swift's Eras Tour through Capital One:Visit the ticketing website during the presale period and use the first six digits of your Capital One card number (your promo code) to gain entry to the Capital One Cardholder Presale. Outside of Taylor Swift presale tickets, Capital One offers a number of other benefits for cardholders geared toward exclusive events and experiences, as well as robust travel benefits.
Announced shortly after her latest album, "Midnights," dropped on October 21, the Eras Tour is Taylor Swift's first stadium concert since 2018's Reputation Tour. Here's a full breakdown of the schedule, presale dates, general sale details, and ticket pricing for the Taylor Swift Eras Tour. Taylor Swift Eras Tour Tickets Taylor Swift’s Eras Tour kicks off on March 18 and will hit 20 cities across 35 dates. Taylor Swift Eras Tour Tickets Taylor Swift’s Eras Tour kicks off on March 18 and will hit 20 cities across 35 dates. How much are Taylor Swift Eras Tour tickets?
The other method is far more simple: If you have a Capital One credit card or debit card, you're eligible for Taylor Swift presale tickets. Cardholders will get access to Capital One's Taylor Swift presale on November 15, 2022, at 2 p.m. local venue time. It's not too late to apply for a Capital One credit card before tickets go on sale. Capital One credit cards for Taylor Swift presale ticketsCapital One issues dozens of credit cards — from high-end premium travel cards like the Capital One Venture X Rewards Credit Card, to cards for folks just starting out with credit like the Capital One QuicksilverOne Cash Rewards Credit Card and Capital One Platinum Secured Credit Card. Read our Capital One SavorOne Cash Rewards credit card review to learn more.
Welcome to Personal Finance Insider, a biweekly newsletter that connects you with the stories, strategies, and tips you need to be better with money. Ditto her regular savings account. It's a good investment, to be sure, but it's not exactly fulfilling my urges as a Personal Finance Person®. Instead of giving physical birthday and Christmas gifts, Cappolla's uncle had been putting small sums — $25 to $100 — into a savings account. If you've never read an issue of Personal Finance Insider's For Love & Money column, last week's is a good place to start.
Taylor Swift just announced a 2023 stadium tour. Some fans are signing up for Capital One credit cards to get early access to tickets. Swift has partnered with Capital One since 2019, so some fans applied for cards even earlier for access to exclusive merch. Others sent an influx of credit card applications on November 1. Taylor Swift and Capital One first teamed up in 2019 for a multi-year deal ahead of the release of her album Lover.
Chase, American Express, Citi, Capital One, and other banks are currently offering elevated credit card bonuses, and there are dozens of other lucrative deals available. Each calendar year after spending $60,000 on eligible purchases, Card Members are eligible to select an Earned Choice Award benefit. Note that credit card lenders may use many different variations of credit score models when considering your application. How to pick a credit card bonusCredit card limited time offersCredit card intro bonuses aren't always the same. For a flexible all-around card with a six-figure bonus and modest annual fee, the Ink Business Preferred® Credit Card is a terrific choice.
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