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Live Nation CEO Claims Concert Tickets Are Underpriced

9/30/2025

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Summary

Story summary

Michael Rapino, CEO of Live Nation, says at CNBC's Game Plan conference tickets are underpriced.
He compares concert costs to sports events and cites the average price at $72.
This follows Federal Trade Commission (FTC) lawsuit against Live Nation and Ticketmaster for deceptive practices and hidden fees.
The suit alleges Ticketmaster profits multiple times from ticket sales, raising pricing-transparency concerns.

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Story summary

Michael Rapino, CEO of Live Nation, says at CNBC's Game Plan conference tickets are underpriced.
He compares concert costs to sports events and cites the average price at $72.
This follows Federal Trade Commission (FTC) lawsuit against Live Nation and Ticketmaster for deceptive practices and hidden fees.
The suit alleges Ticketmaster profits multiple times from ticket sales, raising pricing-transparency concerns.