The UK Competition Commission (CC), after giving the matter a second review, has decided to again approve the Ticketmaster/Live Nation merger. In a report filed late last week, the CC said it believes the merger of the world’s largest event ticketing company and the largest concert promoter “would not... Read more
Live Nation Entertainment, the world’s dominant live entertainment and ticketing company, could hear as early as next week whether it will be asked for concessions in the UK as part of conditions the merged Ticketmaster and Live Nation might need to make in order to continue doing business in... Read more
Irving Azoff, executive chairman of Live Nation Entertainment, is arguably the most power man in live music history, according to a profile of the concert and ticketing titan in the New York Times. The feature discusses the influence his Front Line Management company, which he sold to Ticketmaster prior... Read more
The war of words between Live Nation Entertainment and German ticketing giant CTS Eventim reached a new level earlier this month with the filing of an arbitration complaint by CTS with the International Court of Arbitration of the International Chamber of Commerce (ICC). Before merging with Ticketmaster earlier this... Read more
PRESS RELEASE: “Live Nation Announces Launch of $250 Million Private Notes Offering” LOS ANGELES, CA (PRNewswire-FirstCall) April 20, 2010 — Live Nation Entertainment, Inc. (“Live Nation”) (NYSE: LYV) today announced that it intends to offer, subject to market and other conditions, $250 million aggregate principal amount of senior notes... Read more
Making good on its promise to expand operations into overseas markets, Live Nation Entertainment has decided to launch a concert promotions business in Australia, which the company says is the world’s seventh-largest live entertainment market. The move comes after Live Nation announced a similar initiative in Germany, which is... Read more
The UK-based Association of Secondary Ticket Agents (ASTA) is questioning the plan by Live Nation Entertainment to begin a wide scale test of selling digital wristbands instead of tickets to gain entry at several UK music festivals this year. Graham Burns, who heads ASTA, believes the new system –... Read more
In a move designed reportedly to crack down on counterfeiting and eliminate secondary ticket sales, Live Nation Entertainment is planning to issue digital wristbands in place of tickets for some upcoming UK music festivals. The concept of using digital wristbands, which will carry a smart chip and be personalized... Read more
The combined Ticketmaster and Live Nation have reportedly begun laying off a significant number of employees, a move that appears to directly contradict what Live Nation Entertainment President and CEO Michael Rapino and Executive Chairman Irving Azoff said they would do when they testified last year before Congress. The... Read more
Live Nation Entertainment, the world’s premier live entertainment company, today announced the launch of its concert promotion division in Germany, the fourth largest music market in the world. Established German promoter Johannes Wessels has been appointed Managing Director of Live Nation Germany, and will operate from his current Hamburg... Read more