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Amazon Plots to Take on More Music Monopolies with Online Ticket Service

After launching its Amazon Music Unlimited streaming service last month, the online conglomerate is preparing to take on more entertainment monopolies with a new service that would compete with Ticketmaster and its parent company Live Nation.

Amazon has already been selling tickets for music, comedy, dance, opera and more live events in the UK. Now the megacorp seems to be looking to expand its online ticketing service to Asia, Europe and potentially the U.S., according to a highly cited Recode report that observed new job listings posted by the company.

The initiative is reportedly headed by Vice President Ian Freed, who has been an Amazon executive for over a decade after first working as the technical assistant to CEO Jeff Bezos. Freed currently runs Amazon's burgeoning restaurant delivery service and also led the launch of Amazon's Fire Phone.

One job posting stated that the company is assembling to "develop our international expansion strategy for Europe and Asia" and to "position Amazon Tickets as the world’s premier destination for purchasing tickets."

Apparently, the Amazon job listings hinted at plans to even roll out a Prime Tickets service as part of its premium membership program, as well.

"[O]ur vision goes beyond just selling tickets as we aim to disrupt the entire live entertainment experience, including what happens before, during and after the show... The ticketing business is ripe for innovation and improvement, as much of the industry has not fundamentally changed since the 1970s."

Source: Recode.net