Settlement of the multi-million class action against Live Nation’s Ticketmaster for excessive fees, is drawing strong criticism. Instead of cash, a complex bundle of 17 restricted-use coupons are being deposited into millions of accounts. “Given the new competition that Ticketmaster faces in ticket sales, this is no penalty,” wrote the San Diego Union Editorial Board. “It’s a marketing opportunity, a new scam on top of the old one.”
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Celebrity Access shares the Ticketmaster settlement basics:
Ticketmaster is preparing to make good on the settlement of a class action lawsuit that affects more than 50 million people.
According to Billboard, the lawsuit, Schlesinger v. Ticketmaster, was brought against the ticketing giant in 2003, claiming that Ticketmaster was imposing unfair fees for items such as order processing and shipping costs.
If you are one of the 50 million class members affected by the suit, IE, you bought a ticket from the company’s website between Oct. 21, 1999, through Feb. 27, 2013, you will be eligible to receive a code worth good for a $2.25 on a future ticket purchase. If you purchased multiple tickets in that time frame, you’ll be eligible for multiple codes, one for each covered transaction up to a limit of 17.
If you had UPS deliver a ticket from Ticketmaster during the class period, you will be eligible for one discount code per transaction that will take $5.00 off a future UPS charge.
As well, the codes will not be usable at all concerts and are instead limited to specific events stipulated by Ticketmaster.
An email sent to ticket buyers said that the codes will be “be placed in your Ticketmaster.com account and will be available for your use starting on or around June 18, 2016.” Discount Codes must be used on or before June 18, 2020 or they will expire, the company said.