Ex-Ticketmaster boss sentenced for hacking rival company CrowdSurge
Stephen Mead, former Ticketmaster head, has been sentenced for hacking rival company CrowdSurge, resulting in financial penalties and a year of supervised release. His actions, which included sharing confidential CrowdSurge data while employed at Ticketmaster, contributed to the rival company's collapse. The incident follows recent controversies surrounding Ticketmaster's dynamic pricing during the Oasis reunion ticket sales, which led to widespread anger among fans and calls for refunds due to unexpected price hikes. Stakeholders, including politicians and consumer advocates, have criticized Ticketmaster's pricing practices, seeking greater transparency and fairness in ticket sales.
Published on Friday, September 13, 2024 at 3:07 PM
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NME
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