Taylor Swift, Ticketmaster and FTC
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Besides being American icons, chart toppers and stadium packers, what do Taylor Swift and Bruce Springsteen have in common? Well, the spectacular songwriter thing aside, both the Boss and the self-styled Showgirl are at the heart of a new Donald Trump-fueled lawsuit filed by the Federal Trade Commission today to put the kibosh on resale
The US Federal Trade Commission sued ticket reseller Key Investment Group for evading purchasing limits to buy up thousands of tickets to live events including Taylor Swift’s Eras tour and resell them at a markup,
The pop superstar became the first musician to achieve billionaire status mainly through songs and performances, earning $800 million from touring and royalties.