Ticketmaster to pay US$10 million fine over hacking charges

Article Link: https://www.ctvnews.ca/business/ticketmaster-to-pay-us-10-million-fine-over-hacking-charges-1.5248760

Ticketmaster agreed on Wednesday to pay a US$10 million fine to escape prosecution over criminal charges accusing the company of hacking into the computer system of a startup rival. A judge in federal court in New York City signed off on the deal in what’s been a long-running legal battle that challenged Ticketmaster’s dominance over ticket sales for concerts by major music acts. The Live Nation subsidiary had been facing multiple charges of conspiracy to commit hacking and wire fraud targeting a Brooklyn-based company called Songkick. Ticketmaster had already paid $110 million in 2018 to settle a civil suit brought by Songkick. Court papers accused Ticketmaster of trying to infiltrate systems created by Songkick for artists that had hired the startup to help sell up to 10% of seats for U.S. tours directly through their fan clubs.