A consortium of music-industry groups issued a lengthy statement in the wake of last week’s Senate hearing looking at competition concerns with Live Nation/Ticketmaster and the industry as a whole – and they are asking that steps be taken to break up the industry giant. The joint statement, issued... Read more
Billboard: Live Nation Violates Consent Decree, DOJ Says
Industry December 18, 2019
Since its 2010 merger with Ticketmaster, Live Nation allegedly violated its consent decree on five separate instances reported by the Department of Justice, sources tell Billboard. According to the sources, these five instances took place when Ticketmaster attempted to renew a promoter or venue’s contract. Ticketmaster’s parent company Live... Read more
Klobuchar Issues Statement In Support of DOJ Live Nation Action
Industry December 16, 2019
U.S. Senator Amy Klobuchar (D-MN), Ranking Member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, issued a statement over the weekend following reports that the Justice Department would seek legal action against Live Nation Entertainment for its anti-competitive practices. The Live Nation-Ticketmaster merger was approved... Read more