Despite Multiple Consent Decree Violations, Live Nation Gets Slap on Wrist from DOJ
The Department of Justice detailed six instances where Live Nation violated a 2010 consent decree by using threats to ensure venue clients used Ticketmaster in court filings made public last week. Such threats, which Live Nation has long denied, were the reason for the DOJ’s plans to bring court... Read more
TicketManager Alleges StubHub Under-reported Commissions, Cut Off Amex Deal
At the core of Spotlight Ticket Management’s lawsuit against StubHub and affiliate system manager AWIN is the company’s relationship with American Express. After sending what it claims is some $85 million worth of sales from AMEX customers to the ticket resale giant, Spotlight (which does business as TicketManager following... Read more
Women Allegedly Defrauded Investors For Scam Sandy Hook Concert
Two women were arrested for allegedly creating a scam concert that would benefit the Sandy Hook Promise charity for shooting victims and defrauded investors. Nancy Jean, 51, of Riverdale, Georgia and Carissa Scott, 41, of Fayette, Mississippi were arrested on Wednesday at the John F. Kennedy International Airport, the... Read more
Endeavor Acquires Majority Stake In On Location Experiences
Endeavor, the global sports and entertainment agency, has announced the acquisition of a majority stake in the premium hospitality company On Location Experiences for $660 million, SportsBusiness reports. The agency reportedly acquired two separate shareholdings for 33 percent each — one held by Redbird Capital and the other by... Read more
Report: Regulators May Prevent Live Nation Owner’s Bid to Buy iHeart Radio
Billionaire John Malone, owner of Liberty Media, plans to acquire iHeartRadio, leaving the Department of Justice wondering if it should intervene. According to the New York Post, sources say that lawyers for the DOJ are scheduled to look into the merger and any potential anti-competitive implications that may follow... Read more
Promoter, Ticketer Bicker Over Festival Failure Reasons
The Harvest Jazz and Blues Festival is involved in a lawsuit with a ticket seller over issues with the festival’s ticketing process last year, with both sides blaming the other. According to the CBC, the festival is suing the Alberta-based company Canadian Live Productions Inc., which controls the platform... Read more
UK CMA Clears Live Nation Purchase of Irish Promoter
The UK’s Competition and Markets Authority (CMA) provisionally cleared the acquisition of Irish Promoter MCD Productions by Live Nation-Gaiety Holdings last month, and now, after following up on its initial assessment, it found that the acquisition would not lessen the competition in Northern Ireland. The CMA found that Live... Read more
Ireland Promoter Warned To Watch Misleading Prices
The concert promoter MCD was warned by the advertising watchdog for not offering a “reasonable” number of its lowest-priced tickets on their site. According to 98FM, a customer complained that all the cheap tickets for a show at Ireland’s 3Arena were sold out, although they were originally advertised “from... Read more
Live Nation Announces DOJ Settlement Extending Consent Decree to 2025
Live Nation has reached a settlement with the Department of Justice that extends a consent decree it agreed to as part of the 2010 merger with Ticketmaster through 2025, according to a statement published on the entertainment giant’s website Thursday afternoon. “We have reached an agreement in principle with... Read more
Rams Fans Can Expect PSL Lawsuit Checks In January
Former St. Louis Rams Personal Seat License holders will receive funds from the recently resolved lawsuits in January. According to the St. Louis Post-Dispatch, lawyers involved in a class action lawsuit said that more than 11,000 refunds, totaling approximately $14 million, will be awarded on January 2. These lawsuits,... Read more