PresidentDonald Trumpsigned an executive order today that takes aim at ticketscalpersand rent-seeking behaviors surrounding the ticketing industry.
As the president signed the order, he was joined by Kid Rock in Washington, D.C. You buy a ticket for $100, by the time you check out its $170… Then theyre re-listed immediately for sometimes a 500 percent markup.
The artists dont see any of that money.
President Trump signs an executive order alongside Kid Rock in Washington, D.C., on March 31.SAUL LOEB/AFP via Getty Images
(Live Nation denied the charges.)
So I hope it will be resolved as soon as possible.
This article was updated on March 31 at 8:16 p.m.
ET to include a statement from Live Nation and at 11:18 p.m.
ET to include additional information from the executive order.
