Word: ticket
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...current rebellion started when Pearl Jam laid plans for a low-cost tour their young fans could afford. They wanted their tickets to cost no more than $18.50, with service fees held to $1.80. Ticketmaster balked, arguing that it must charge $2 or more to cover its costs. Pearl Jam hired Sullivan & Cromwell, the prestigious Manhattan law firm. In a memorandum filed with the Justice Department, the lawyers claimed that Ticketmaster's control over tickets and its exclusive contracts with most of the leading concert arenas constitute anticompetitive behavior that enables it to prop up prices. Soul Asylum, another popular...
...performers claim that Ticketmaster, as the only large agency ticketing national tours, exerts excessive control over access to arenas. Pearl Jam says it cannot tour this summer because Ticketmaster is so powerful -- and so feared -- that no arena of decent size was willing to book the band. Ticketmaster denies that it has interfered in any way with Pearl Jam bookings. Artists afraid to be quoted by name claim that after buying out competing agencies like Ticketron, Ticketmaster is so powerful that it can hold up payment of ticket receipts for months, block bookings or just "experience computer problems" in selling...
Whether or not Pearl Jam's accusations against Ticketmaster are valid, law- enforcement officials are trying hard to curb the far more significant problem of illegal ticket scalping. According to authorities, organized crime is deeply involved in the illicit reselling of tickets. When a $25 ticket can ultimately sell for $500, the difference amounts to a large chunk of untraceable cash -- a phrase that is pure music to a mobster's ears. Police sources told Time last week that the Mob runs some scalping operations in New York and other large cities. Blocks of tickets earmarked by performers for charities...
Several states are cracking down on scalping, although so far with little success. Newspapers in major cities routinely carry classified ads for top tickets, many of them placed by illegal operators. New York is investigating allegations of collusion between brokers and box-office employees as part of a wide-ranging probe of ticket-selling practices. Georgia, trying to prevent a replay of the Super Bowl scalping last January that drove ticket prices from $175 to as much as $1,200 apiece, has passed a new law making it illegal to scalp tickets for the 1996 Summer Olympics in Atlanta. Even...
Challenges in eight states left only one major incumbent defeated. South Dakota Governor Walter Miller lost his job to former Governor William Janklow, who will now lead the state Republican ticket. In California, state treasurer Kathleen Brown, the daughter and sister of two former Democratic Governors, won the right to run against Republican Governor Pete Wilson; in the state's Senate race, Republicans picked Representative Michael Huffington to battle Democratic incumbent Dianne Feinstein in what many are predicting could end up the most expensive Senate contest in history...