Senator urges Ticketmaster to sell off resale outlet

By: The Associated Press
By: The Associated Press

The controversy over Ticketmaster isn't dying down. Senator Charles Schumer is urging the company to sell off its TicketsNow resale subsidiary.

The demand from the New York Democrat is the latest response to the sale of tickets to a Bruce Springsteen concert tickets in New Jersey.

Fans complained that when they tried to log on Ticketmaster for seats, they were redirected to the TicketsNow site, where tickets to see "The Boss" were sold at a premium. Ticketmaster has blamed the problem on a computer glitch. But Schumer says the situation was "more about moneymaking than malfunction."

Schumer notes Ticketmaster collected $7 fees for every Springsteen ticket sold on Ticketmaster but $30 for every one sold on TicketsNow.

He spoke at an antitrust hearing on Ticketmaster's proposed merger with LiveNation, the nation's largest concert promoter.

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