Former Ticketmaster CEO Defends High Prices for 2028 Olympic Tickets
Fred Rosen, former CEO of Ticketmaster, has defended the high ticket prices for the 2028 Olympic Games in Los Angeles. Ticket packages for events like men's basketball semifinals and women's basketball finals are priced at thousands of dollars. Rosen argues that these prices are necessary to ensure the Games are financially viable without requiring subsidies from the city or state. He emphasizes that the pricing reflects fair market value and is determined by consumer demand. Rosen's comments come amid criticism of Ticketmaster's monopoly over concert venues, as highlighted by a recent federal jury decision. 
