Ticketmaster Will Offer Refunds On Shows And Events Canceled By Pandemic

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Ticketmaster Will Offer Refunds On Shows And Events Canceled By Pandemic
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Ticketmaster said it is finalizing plans to refund for as many as 18,000 events that were postponed or canceled by the COVID-19 pandemic. Starting May 1, fans can request a refund for a 30-day peri…

Music and entertainment manager Irving Azoff speaks at news conference Wednesday, June 7, 2017, in Seattle. Seattle Mayor Ed Murray said Wednesday that the city will enter into negotiations with the Oak View Group, which includes Azoff as a partner, on a proposal for a privately-financed renovation of the city-owned KeyArena. said it is finalizing plans to refund for as many as 18,000 events that were postponed or canceled by the COVID-19 pandemic.

The dates affected by the Ticketmaster decision run through July, meaning a bit hit to the already staggering Live Nation bottom line. Company officials previously announced haircuts to senior executive salaries, including CEO Michael Rapino, who is not taking any money while the situation lingers. The company also has established a new line of credit to weather the storm.

Refund options include exchanging tickets for up to 150% of the face value through Ticketmaster’s credit system for future shows, or donating tickets to healthcare workers.

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