sherwoodmedia.com - Sherwood News

Description: News for the next generation about markets, business, technology, and the culture of money.

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Rebecca Moretti 22m Department of Justice investigating Live Nation and Ticketmaster Taylor Swift fans have beef with Ticketmaster-owner Live Nation, and now the US government does, too: The Justice Department is reportedly getting ready to slap America's largest concert promoter with an antitrust suit. Lawmakers and regulators have accused Live Nation of outrageously high ticket prices, iffy customer service, and anticompetitive practices.

The DOJ's investigation into the concert colossus heated up in November 2022, when Ticketmaster crashed after T. Swift fans tried to snap up "Eras" tour tickets.

Jack Morse 1h Adidas inexplicably decides 2024 is the right time to jump back on NFTs Adidas is reportedly teaming up with Stepn, a web3 company that promised to reward users who engaged in physical activity like walking and running. The collab, announced this morning by Stepn, kicks off with the release of 1K Adidas-styled NFT sneakers. Current price: roughly  $2,500 a pop .

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