The general public will not be able to purchase tickets to Taylor Swift's "Eras" tour on Friday because there aren't enough tickets.
The public on-sale for Taylor Swift's tour has been canceled due to high demand and insufficient remaining ticket inventory.
Hours after the CEO of Live Nation's largest shareholder blamed a surge of demand from 14 million users, the company canceled.
Greg Maffei told CNBC that the site was only supposed to be open to 1.5 million Swift fans.
The demand for the tour could have filled 900 stadiums, according to Maffei.
Live Nation's shares fell.
Swift has not toured since the end of her "Reputation" stadium tour and the release of her new album "Midnights" has caused a lot of demand for her stadium tour. The tour was canceled due to the swine flu.
The "Eras" tour is going to start in Arizona.
The company that merged with Live Nation was under fire this week after activists and lawmakers suggested it should be broken up.
The verified fan program was created to keep tickets in the hands of actual fans.
It didn't seem to work in many cases. The tickets for the tour were up for sale in the secondary market at high prices.
The tour tickets for " Eras" range in price from $49 to $450. The secondary market prices range from $800 to $20,000 per ticket.
Representatives for the two companies did not respond to CNBC's request for comment.
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