Dec. 12, 2025
YouTube Episode 2-Ticketmaster hasn't Ticketmastered the public enough says Millionaire CEO of Ticketmaster
We have some unique stories this week. Starting off with the asshat CEO of LiveNation/Ticketmaster saying concerts are cheap, a guy wrecks a car and throws babies, murderer has murder tools delivered, and guy steals manhole covers...a lot of them. LINKS: Ticketmaster CEO says concert tickets are too cheap, actually | Mashable Florida man accused of hurling kids over fence after crash Suspicious DoorDash Order Leads To Hostage Situation Revelation Man arrested for stealing dozens of manhole covers | FOX 5 Atlanta
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It is time to believe your worries outside and laugh
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with us inside the treehouse. I'm Dan O'Malley along with
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Trey Trenholm and Raj Sharma. Do you think concert ticket
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prices are too low?
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Hm?
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Yes, because I'm made of money.
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On what planet? Is that a question?
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The planet that the CEO of Live Nation lives on.
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Mhmm.
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You really want to step in it as a really anybody,
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if you really want to step in some controversies, step
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into some troubled waters, go on record as saying concert
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ticket prices are too low, especially if you're the CEO
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of the largest ticketing company in the world. Yeah, the
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CEO of Live Nation thinks concert tickets are actually underpriced.
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God blessed Jesus. Right now, I don't know who's the
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dumber CEO, the guy who was hugging his head of
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HR at the Coldplay concert or this guy.
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Yes, is Live Nation? Do they? I know?
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They promote and they put on concerts. Do they sell
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the tickets to Yes?
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Well, Live Nation owns Ticketmaster which does that?
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And doesn't iHeart have a piece of Live Nation?
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Not anymore they used to. Yeah, Instead, it's a small
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media company known as Liberty Media that owns a large
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stake of iHeartMedia and a large stake of Live Nation.
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But the two companies Live Nation and iHeart are no
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longer affiliated. They are separate entities. But Live Nation does
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own Ticketmaster, which is if you could do like the
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crosshairs thing on a company logo, Ticketmaster is one of
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those that it is pretty much a consensus everybody hates
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Ticketmaster as a company because ticket prices might be let's
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say thirty five bucks for a show, but you're going
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to pay seventy five eighty ninety dollars because of all
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the additional fees and other nonsense that gets stacked on
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top of it.
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I think that's why Pearl Jam, Nirvana, and Soundgarden back
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in the late nineties stopped using Ticketmaster and developed the
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new new website.
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Or you can go to them directly and buy their tickets.
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Yeah. The CEO of Live Nation, his name is Michael Rippino.
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He said during a conference last weekend. There's quote a
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lot of runway left when it comes to ticket prices,
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especially since tickets for sporting events are so much more,
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he said, and I quote music has been underappreciated in sports.
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I joke. It's like a badge of honor to spend
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seventy thousand dollars for a Knick's court side seat. They
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beat me up if we charge eight hundred for Beyonce,
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he continues. When you read about ticket prices going up,
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the average concert price is still seventy two dollars. Try
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going to a Laker game for that, and there's eighty
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of them. The concert is underpriced and has been for
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a long time. That is Live Nation CEO Michael Rippinos
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stepping in it up to his knees. Wow, do you
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think that's a fair comparison concerts to say an NBA
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game as far as ticket prices.
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Typically no, because Beyonce these days is playing at and
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T where there's you know, eighty five thousand seats or whatever,
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and most arenas are eighteen to twenty thousand probably so
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smaller market.
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But.
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Wow, there is.
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He is correct that there is a ticket price disparity
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when you compare a concert ticket versus a sporting event,
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because like an NBA game, do you have eighty two
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games in a season, right, whereas you you may only
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have one concert in that city in the calendar year.
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Right.
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So he's seeing it from a scarcity standpoint. So if
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that was the case, I would love to see how
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many tickets Live Nation slash ticket Master could sell for
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a Beyonce concert eight hundred dollars times eighty two. Let's
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see how many tickets you sell if you really think
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that the tickets, that the ticket prices should be closer
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in line with sporting events, because that's in essence what
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he's saying. He's not now he wouldn't. I hope he
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wouldn't actually do the math and say, okay, concert ticket
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prices eight hundred times eighty two, that's the new price.
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I hope he wouldn't go that far. But what he's
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saying is they're going to raise prices.
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You know, and they're going to lose out to streaming services.
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That's what's happening. So now you can get these concerts,
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you can get your sporting events, whatever it is you
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need through streaming. You can just watch it from your home,
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and that's I think what most people are starting to do,
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especially when you have you know, when you're in a
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city where your team sucks, I don't think you're going
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to go to the game as often as you would
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have back in the day, Like, I remember going to
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Cowboys games when I was a kid, and you know,
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my parents immigrant, you know, working class people, just it
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wasn't that expensive.
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Yeah, and most of the streaming services you're talking about
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are illegal, yes, I mean.
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I mean.
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Yeah, he wasn't trying to hide that apparent. No, I
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thought it was clear.
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Yeah, I'll just watch it there, I have them in
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my history.
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But yeah, at the end of at the end of
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the day, what what the Live Nation CEO is saying
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is there is room to raise prices here and I
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think people are going to pay it not and and
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it's just a matter of how much they can, how
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far they can take it before it becomes uh not
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a good idea.
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I don't he's wrong in what he said, but I
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don't I think he's right about that that they can
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raise prices and people will still pay it.
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I mean, you look at the.
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How concerts sell out and at the just stupid prices
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from I mean Kendrick Lamar tickets back. Yeah, and he
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played at and T and they were I think average
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was like seven hundred dollars. I mean, if the artist
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is big enough, people will pay whatever. I mean, Taylor
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Swift is obviously the ultimate example of that one.
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Yeah, And what was interesting also about the Taylor Swift
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situation was with that eras tour was ticket prices. And
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we're talking in essence. The additional layer of this is
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the secondary market because so many of the ticket companies,
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the smaller ticket company, the ticket purchasing companies, will be
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the ones using bots and things to buy tickets when
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they immediately when they go on sale, and then they're
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selling them on the secondary market at an amazing markup.
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And that's where he is right that people will pay
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for that. Like you said, try with the Kinder Klamar tickets, Uh,
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there are ways around it. Like with the Taylor Swift thing,
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tickets at some of her shows in America were so expensive.
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People were doing concert tourism the way they do medical
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tourism that Raj speaks so fondly of. It was cheaper
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to buy a ticket to go see Taylor Swift in Europe.
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The ticket, the AirPair, the ticket, the airfare, and the
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accommodations were cheaper than the ticket in America. So yeah,
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some people going to Europe. You had some people going
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to South America to go see the show because it
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was cheaper than it was in the States.
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There was a you don't remember when the ticketmaster had
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that glitch with the Taylor Swift tickets.
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Were the shut down the website.
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Yeah it craft.
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Yeah.
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So there was a guy in Chicago who was buying
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like every year, him and his buddies do like a
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guy thing. He's the older guy and he was buying tickets.
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I can't remember if it was like Lennard Skinner or
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somebody he was, or the Eagles, I can't remember who was.
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But he was trying to buy tickets for him and
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eight of his buddies to go watch this with seventy
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five eighty bucks pop. And he hit the purchase button.
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The glitch happened and it all turned into Taylor Swift
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tickets at that price and they.
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Were front row.
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Oh.
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He gave two to his daughters and then sold the
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rest of them for ten thousand apiece.
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Had a boy.
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See it's amazing. I'll congratulate an individual on being enterprising,
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but I don't want the CEO of Live Nation doing it.
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I mean, I'm not buying. I'm not spending that amount
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of money on a concert no matter who's selling it.
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But if an individual can get that bag, go for it.
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But as the head of a company who controls the
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vast majority of the concerts in the country, that bothers
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me a little bit.
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I'm not that big of a fan of anybody that
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I would pay that much money to see.
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And I'm a huge music guy.
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I love live events, I love going the whole the
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whole thing that comes with it, like hanging out with
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your friends, going out doing the whole thing. But I'm
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not a fan of anybody enough to pay eight hundred
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dollars for a ticket.
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You'd have to resurrect prints for me to do that.
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Yeah, I thought you were going to say Jesus, And
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even then, I'm gonna be a little skeptical.
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He's really a one act play.
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There's another reboot. I've seen this.
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He just turns water into wine and disappears like I'm out.
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Willem de Vaux, Jim CAVISO, they did it better, all right.
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So the Live Nation CEO stuck his foot and I'm
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curious to see how that shakes out for the rest
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of our adventure. Here today inside the Treehouse on our
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YouTube exclusive show, let's play a quick game of if
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you laugh, You're Dead. All right, So here we go, Raj.
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This headline is especially for you because I want to
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see your reaction as I read this headline. A man
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was accused of crashing his car and hurling kids over
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a fence.
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Were they in the car?
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I don't know, or those two separate events that he did.
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He croutched this car and there were kids watching, so
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he just threw him over a fence.
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I don't know. I couldn't get past the headline because
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I was dead as soon as I saw the headliner, Like,
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I'm out on this one. I don't know what it is.
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I don't know if it's the verbiage or what A
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man was accused of crashing his car and hurling kids
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over a fence.
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All you can.
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See is like when Uncle Phil would tosh jazzy jazz
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at the front door of the bel Air minch. But
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in this case, it just be one after another.
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What are you doing?
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I'm hurtling kids over this.
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Fence with a car just smoking behind him? Yeah, and
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I don't.
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Yeah, I know nothing about the story. All I know
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is what I've told you in the headline.
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All right, So that's how my brain works, as like
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there's just kids standing around like playing.
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Out in the street, which why gen Z would do that.
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They're scared of the outside. Uh.
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And he crashed his car and he's so angry just
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hees kids just starts throwing them over a fence.
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Yeah, it's like, I mean, crashes his car, throws kids
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and he's like the aristocrats.
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Well, good job, very nice, no surprise. This was a
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This is a man in Florida was Larry. He was
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spotted speeding last Saturday afternoon. When a deputy tried to
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stop him. He spun his car in a full circle
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around the squad car and sped off a little fast
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in the furious maneuver the police. Tampa drift, Yeah, little
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Tampa drift. The police opted not to pursue him for
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safety reasons, but maybe they should have because later on
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Larry crashed with three kids inside and then escaped with
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them by hurling by hurling them over a six foot fence.
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So my question is how strong is Larry.
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And how small were these kids? I mean, I kind
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of feel like once Larry gets out of prison, he
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has a future in the strongman competitions.
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I think somebody's not getting a best Dad mug.
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Ever, Well, let's think about it, because in the World
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Strongman competitions, those boulders are solid. They don't wiggle. Children
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wiggle when you try to throw them over six foot fence.
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Yeah, but well, if they're concussed from an accident, maybe not.
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That that is true. Maybe they were unconscious, they.
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Were gonna They're gonna be concussed either way, from the
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accident or the landing.
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