Ticketmaster has entered a plea agreement with federal prosecutors in New York in a case related to its employees illegally accessing a rival companies systems to obtain information it used to poach clients and help run it into insolvency. The deal includes a payment of $10 million in fines... Read more
It’s been a couple of days, and I’m still confused about one central thing about Live Nation’s Friday announcement that it had settled its litigation with Songkick, purchasing remaining company assets from its one-time competitor. Why did it take so long to happen? Why after embarrassing dirty laundry was... Read more
Live Nation announced via a Friday afternoon press release that it had come to a settlement agreement with Complete Entertainment Resources Group, Inc. and related entities formerly known as Songkick. Live Nation acquired assets including what was formerly Songkick’s ticketing commerce platform, API applications and patent portfolio. Songkick, which... Read more
News recently broke that Songkick made at least a cursory attempt at convincing Ticketmaster to buy it after filing a lawsuit against the ticketing giant. Ticketmaster did not bite on the offer, but documents submitted as evidence in that case show how seriously the Live Nation-owned company took the... Read more
In a new wrinkle to the ongoing lawsuit between Songkick and Live Nation/Ticketmaster, Ampthemag.com is reporting that an investment banker representing Songkick approached a Live Nation executive over the summer to inquire whether or not the Ticketmaster parent company would have any interest in purchasing the struggling business. Songkick... Read more
In the ongoing saga of Songkick’s lawsuit against Ticketmaster, one wouldn’t necessarily expect the innocuously titled “exhibit 321” to be a bombshell. But, as it happens, that exhibit is a string of emails between top executives at Live Nation – including CEO Michael Rapino, who refers to global star... Read more
After months of bad news following their lawsuit against Ticketmaster and parent company Live Nation, Songkick has disclosed it will close its doors on October 31 in a memo to clients that was obtained by Variety. “I’m sad to write that on October 31, Songkick will bow to pressure from Live... Read more
Leading music industry start-up Songkick is set to go to trial with Ticketmaster and Live Nation over antitrust violations in November, but will the company even make it to see their court date? Founded in 2007, Songkick was built as both a concert recommendation and a ticket sales platform.... Read more
Warner Music Group has purchased Songkick’s concert-recommendation business and name, according to a deal announced Friday and reported by the New York Times. The ticketing end of Songkick’s business will remain independent, under a new name yet to be determined. With an audience of over 15 million people per... Read more
