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Showing posts with the label Taylor Swift

Senator John Kennedy Has Blunt Message For Taylor Swift And Bruce Springsteen

Facebook/JohnNeelyKennedy At Tuesday's Senate Judiciary Committee hearing, Sen. John Kennedy (R-LA) urged musical artists to cap their ticket prices. A senator has called on musical artists to limit the amount they charge for concert tickets. Senator Kennedy in his Senate remarks said: You want to hold down prices and cut out the middlemen and middlewomen. You want to cut out bots and make them non-transferable or transferable only at face value. Couldn't a major artist have Bruce Springsteen say whose music I love and then say, "Look, I've got market power?" "I'm going to set this price for the ticket, I'm going to set this price for the service fee, and it's going to be non-transferable." Couldn't a large corporation with market power do that? If you care about the consumer, you're going to hold the price down; you're going to cut out the middle man. Now we still have the problem of some of your colleagues saying you'r