U.S. Senate to Hold Hearing on Competition in Ticketing Industry
Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) announced plans to hold a hearing to examine the lack of competition in the ticketing industry in the wake of the Taylor Swift debacle that has dominated headlines for more than a week. The senators are the Chair and Ranking Member... Read more
Lawmakers Demand Ticketmaster Probe After Taylor Swift Fiasco
A consortium of House Democrats is calling on the Department of Justice to take action against Ticketmaster/Live Nation, with 31 signing a letter addressed to Attorney General Merrick Garland that was made public on Friday. The letter asks for Garland and the DOJ to open a formal investigation of... Read more
Live Nation Asks Judge to Dismiss Latest Antitrust Lawsuit
Live Nation Entertainment’s lawyers have asked a judge to dismiss a lawsuit accusing the company of anti-competitive practices, arguing that it is similar to other lawsuits that were forced into arbitration and should be dealt with similarly. A motion filed in federal court Tuesday by the entertainment giant’s lawyers... Read more
Endeavor Execs Resign from Live Nation Board After DOJ Anti-Trust Scrutiny
A pair of executives from Endeavor abruptly resigned from the Live Nation Entertainment Board of Directors last week amid anti-trust concerns. Endeavor Chief Executive Officer Ariel Emanuel and President Mark Shapiro resigned their positions after the Department of Justice “expressed concerns that their positions on the Live Nation Board... 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