A federal judge has granted class action status in a lawsuit alleging that Clear Channel Communications, the nation’s largest radio broadcaster, used its market dominance to illegally inflate concert ticket prices.
The suit, which combines five existing actions in different regions, states that radio is by far the most effective marketing tool for artists to promote concerts, and that Clear Channel’s clout in that market “obligates artists who would otherwise turn to other concert promoters to use Clear Channel’s promotion services.”
Since Clear Channel controls major radio stations in most U.S. markets, it is empowered to “prohibit an artist’s music from being played on the air if they opt to use a promoter other than Clear Channel.”
Additionally, Clear Channel is alleged to “bid up the fees paid to artists so it becomes impossible for other promoters to compete.”
The complaint also cites a study that attorneys for the plaintiffs say indicates a disparity between the rate of inflation (13%), and Clear Channel’s rise in ticket prices (61%) during the period in question.
The suit seeks relief for plaintiffs and members of the class, which currently includes consumers who purchased concert tickets in the Chicago, New England, New York/New Jersey, Colorado, and Southern California regions during the period of June 19, 1998 to the present.
- Police Arrest GA ‘Pastor’ After People Discovered Locked in Basement
- BRE Publisher Sidney Miller Jr. has Died
- New NAB President and CEO Curtis LeGeyt Shares Vision and Outlook for Broadcasting in Town Hall
- Sony Music Publishing Launches Co-Venture
- Skyview Networks Elevates Steve Jones to CEO and President
- Trans Woman, Tenika Watson, in 1982 Car Crash with Teddy Pendergrass Speaks
- Prison Sentence Handed Down to Ex-Detroit Councilman Andre Spivey in Bribery Case (video)
- Frustrated and Abusive, The Sad Story of the DeBarge’s Father Robert DeBarge Sr.,
- Pregnant Woman Set on Fire: Boyfriend gets $50k Bond
- Whatever Happened to Sherry Carter from BET?