Circulating
A giant eight-legged ticket-stub monster straddles the Toronto skyline, its legs crushing towers while service fees rain down ADMIT $$$$ +FEE +$ +FEE $ $ +$ +FEE
Cartoon cameo // Mayor Chow? swinging a laser sword at the ticket spider

October lead // Issue 01 · October 2026 · Halloween Edition // checked Sun 4 Oct 2026

Ticketmaster
kills Toronto.

Who owns the stages, what you actually pay, and what a US jury just found about the company that sells most of the city's tickets. The headline is our opinion. Everything under it is sourced.

Boss fight: everyone who's swung at it

October lead // damage ratings are our call, for fun
THE TICKET MONSTER HP ~55% // still standing
  1. 33 US states + DCApr 2026
    Jury verdict

    A jury found Live Nation and Ticketmaster illegally monopolized live events. Remedies, possibly a breakup, are still to come.

    Source: Music Business Worldwide
  2. Olivia Dean2026
    Called it "vile"

    After resale for her tour hit several times face value, Ticketmaster capped resale at face value for the whole tour and refunded the markups.

    Source: Rolling Stone AU
  3. Premier Ford's governmentApr 2026
    Resale cap

    Ontario made reselling above the original all-in price illegal. Critics say it also pushed resale back inside Ticketmaster's own system while primary dynamic pricing stays unregulated.

    Source: CP24 · TicketNews
  4. US Justice DepartmentMar 2026
    Settlement

    A $280 million fund and a 15% fee cap, but Live Nation keeps Ticketmaster. Independent venues called it insufficient.

    Source: Wikipedia · Rolling Stone Canada
  5. Competition Bureau2019
    Drip-pricing fine

    Ticketmaster paid a $4.5 million penalty over advertised prices that didn't include mandatory fees.

    Source: Pollstar
  6. Sarnia's mayorDec 2015
    A letter

    Mike Bradley asked Queen's Park to cap resale at twice face value after Springsteen and Adele tickets went for three to five times face.

    Source: Global News

Hero wanted at City Hall

vote Mon 26 Oct
The mayor

Can Olivia slay it?

Here's the reality behind the comic-book pitch. Ticket resale is provincial law, and it was Premier Ford's government that capped it. City Hall's most direct lever on a night out is closer to home: the TTC fare to get you to the show, which Chow has frozen.

Our question for both candidates, before the 26th: what would you do about what Torontonians pay to see a show here?

Read: Wikipedia · CP24
Your weapons this winter

How to beat it yourself

  • Know the cap. In Ontario, resale can't exceed the original all-in price, fees and tax included.
  • Buy direct when you can. The National Ballet sells its own Nutcracker tickets. No middleman.
  • Compare the all-in price. The Competition Bureau has already fined Ticketmaster over prices that left out mandatory fees.
  • Wait it out. Resale for Taylor Swift's Toronto shows fell by up to US$341 in the last 72 hours.
Read: CP24 · National Ballet of Canada · Pollstar · Yahoo/AOL

Winter boss levels

holiday shows where it bites
2025–26 season

Leafs season tickets

Up to 20–22% more

Upper-bowl seasons went from $8,522 to $10,396. The Leafs already charged the NHL's highest season-ticket prices.

Source: blogTO
26–27 Oct

Olivia Rodrigo, Scotiabank Arena

From US$499 resale

Lowest TickPick listing when we checked. In Ontario, reselling above the original all-in price is illegal.

Source: Songkick
Wed 25 Nov

Doja Cat, Scotiabank Arena

From US$115 resale

Lowest TickPick listing when we checked.

Source: Songkick
Tue 29 Dec · two shows

Trans-Siberian Orchestra

Holiday arena show

The holiday rock show plays Scotiabank Arena twice, per Songkick. Check the all-in price before you hit buy.

Source: Songkick
5–31 Dec

The Nutcracker, National Ballet

From $72, sold direct

The counter-example: the National Ballet says it is the only official seller of its tickets. No middleman.

Source: National Ballet of Canada
12 Nov – 3 Jan

Distillery Winter Village

$19.89 at peak, free before 4 p.m.

Paid timed entry at busy hours, free on weekdays early in the season.

Source: To Do Canada

The latest

Ticketmaster · StubHub · venues
VerdictWed 15 Apr

A US jury finds Live Nation and Ticketmaster ran an illegal monopoly

In Manhattan federal court, 33 states and DC won on every claim: Ticketmaster monopolized primary ticketing for major concert venues, and Live Nation monopolized large amphitheatres and tied promotion to amphitheatre use. The jury found fans were overcharged $1.72 per ticket at 257 venues. Remedies, possibly including a forced breakup, are still to come, and Live Nation plans to appeal.

Source: Music Business Worldwide · Wikipedia
SettlementThu 5 Mar

The US Justice Department settled before the verdict

The DOJ's tentative deal: a $280 million fund, divesting 13 exclusive booking agreements, fees capped at 15% of face value, and opening the platform to competitors. Live Nation keeps Ticketmaster. Critics, including the National Independent Venue Association, called it insufficient.

Source: Wikipedia · Rolling Stone Canada
OntarioTue 14 Jul

Ontario's resale cap is law, but enforcement is messy

Since late April, resale in Ontario can't exceed the original all-in price. In June the province put StubHub and SeatGeek on its Consumer Beware list. As of mid-July no fines had apparently been issued, and rules on proof of original price were still being written.

Source: CP24 · TicketNews
VenueWed 29 Oct

Budweiser Stage is now the RBC Amphitheatre, and goes dark in 2028

Live Nation's waterfront amphitheatre runs as the RBC Amphitheatre for 2026–27, closes for a rebuild in 2028, and reopens in 2029 as a year-round venue: about 20,000 in summer and 9,000 in winter. Where those shows go during the gap hasn't been announced.

Source: A Journal of Musical Things
VenueWed 30 Sep

The Phoenix, an independent, is moving to Parkdale

The Phoenix leaves 410 Sherbourne for Parkdale Hall at 1605 Queen St. W. after its building was sold for housing. It stays open through 2027 during the move.

Source: CP24

The price of admission

what you pay, then and now
Average concert ticket, top 100 tours worldwide (US$)
$0$50$100$1502019: US$96.17 average ticket, top 100 tours (Pollstar)$96.1720192024: US$135.92 average ticket, top 100 tours (Pollstar)$135.9220242025: US$132.62 average ticket, top 100 tours (Pollstar)$132.622025
YearAverage (US$)
201996.17
2024135.92
2025132.62
Source: A Journal of Musical Things (Pollstar)
+37.2%Rise in top-tour ticket prices from 2019 to 2025, against roughly 21% Canadian inflation over the same years.Source: Maclean's
$160 → $600Face-value range reported for Taylor Swift's six Rogers Centre shows in November 2024, from the 500 level to the floor.Source: Narcity
US$991–1,632Cheapest resale listings for those same shows days before, on Vivid Seats.Source: Yahoo/AOL

Resale right now

ShowDateVenueFromListed on
Christone "Kingfish" IngramSat 10 OctMassey Hall$42TickPick
Doja CatWed 25 NovScotiabank Arena$115TickPick
Olivia RodrigoMon 26 OctScotiabank Arena$499TickPick
Olivia RodrigoTue 27 OctScotiabank Arena$538TickPick

Lowest listing on TickPick, a US marketplace, read on Sun 4 Oct 2026. In Ontario, reselling above the original all-in price has been illegal since late April 2026.

Who owns the stage

Live Nation in Toronto, from 400 to 50,000 seats
55,000events Live Nation promoted worldwide in 2025
159Mfans at those events
646Mtickets through Ticketmaster systems in 2025
460venues Live Nation owns, operates or holds a stake in

Worldwide figures from Live Nation's 2025 annual report. Source: Live Nation 10-K (SEC)

VenueCapacityLive Nation's roleNotes
Rogers Stadium50,000Owned and operated by Live NationDownsview. Opened 29 Jun 2025; temporary, roughly five years. Source: Wikipedia
RBC Amphitheatre (ex-Budweiser Stage)~18,000 → 20,000Live NationOntario Place. Rebuild closure in 2028; reopens year-round in 2029. Source: A Journal of Musical Things
Theatre at Great Canadian Casino Resort5,000Live Nation is the exclusive booking agentEtobicoke. Source: The Globe and Mail
History2,553Live Nation with Drake1663 Queen St. E. Opened in 2021. Source: NOW Toronto
Danforth Music Hall1,425Live Nation (majority stake in operator Embrace, 2019) Source: Billboard Canada
Opera House~900Bought by Live Nation, July 2023Queen St. E. Source: blogTO · The Globe and Mail
Velvet Underground400Live Nation (via Embrace)Queen St. W. Source: Billboard Canada
Echo Beach—Live NationOntario Place. Source: Billboard Canada

The write-up

how Toronto became a Live Nation town

Start with the ladder. A band coming up in Toronto can play the 400-capacity Velvet Underground, then the Opera House at around 900, the Danforth at 1,425, History at 2,553, the casino theatre at 5,000, the waterfront amphitheatre at about 18,000, and finally Rogers Stadium at 50,000. Every one of those rungs is owned, operated or exclusively booked by Live Nation. The company that promotes the show often owns the room, and its Ticketmaster arm often sells the ticket.

It was built piece by piece. Live Nation already ran Budweiser Stage and Echo Beach at Ontario Place when it took a majority stake in Toronto promoter Embrace in 2019, bringing in the Danforth and the Velvet. History opened with Drake in 2021. The Opera House was bought in July 2023. Rogers Stadium opened at Downsview in June 2025, and it's temporary, planned to run for about five years. The amphitheatre is now the RBC Amphitheatre, and it closes in 2028 for a year-round rebuild.

How many shows does Live Nation put on in Toronto each year? The company doesn't publish city-level counts. What it does publish is scale: 55,000 events and 159 million fans worldwide in 2025, with 646 million tickets running through Ticketmaster's systems. The Globe and Mail reports it also books hundreds of concerts a year into independent Canadian venues.

On price, the clearest data is industry-wide. Pollstar's average for the top 100 tours went from US$96.17 in 2019 to US$135.92 in 2024, then eased to US$132.62 in 2025. Maclean's puts the 2019–2025 rise at 37.2%, well ahead of Canadian inflation. Toronto's sharpest example is Taylor Swift: face values of $160 to $600 in 2024, resale listings near US$1,000 and up days before, and roughly $120 million expected from six nights, per Toronto Life. We couldn't find a reliable public record of what the same artist cost in Toronto across different tours, so Circul8r is starting one. Every issue, the Ticket watch logs the lowest listing for the same shows, and that history will build here.

Regulators have taken notice. Canada's Competition Bureau got Ticketmaster to pay a $4.5 million penalty in 2019 over drip pricing, meaning advertised prices that didn't include mandatory fees. Ontario capped resale at face value in 2026. In April a US jury found Live Nation and Ticketmaster had illegally monopolized live events. Those were US claims about US venues, and remedies are still pending.

The other side: Live Nation says it will appeal. Its CEO, Michael Rapino, has argued that concert tickets are still underpriced compared with sports. And the US Justice Department chose to settle rather than seek a breakup.

Sources: Read: Live Nation 10-K (SEC) · The Globe and Mail · Billboard Canada · blogTO · NOW Toronto · Wikipedia · A Journal of Musical Things · A Journal of Musical Things (Pollstar) · Maclean's · Narcity · Yahoo/AOL · Toronto Life · Pollstar · Music Business Worldwide · Wikipedia