Topic: Ticketmaster Corporation
NASHVILLE (Billboard) - After nearly a year of intense scrutiny, political posturing and consumer outcry, it's time for the music business to come to grips with its new superpower: Live Nation Entertainment. At a time when live entertainment remains one of the healthier sectors of the troubled music industry, the combined Live Nation and Ticketmaster stands to dominate each part ...
The U.S. Justice Department and 17 states have intervened in the proposed merger of Ticketmaster and Live Nation, demanding changes that will conform to anti-trust laws and protect consumers. As a result of the combined federal and state effort, the newly combined company is required to make significant changes to the ...
Concert promoter Live Nation and ticket-seller Ticketmaster consummated their merger on Monday after the U.S. Justice Department approved it with conditions meant to lower ticket prices for consumers. Shares in both companies rallied by about 15 percent in trading Monday, showing that investors approved of how the Obama ...
TICKETING DEAL: Concert promoter Live Nation and ticket-seller Ticketmaster got clearance from the Justice Department to merge. The government imposed certain conditions. THE TERMS: Ticketmaster has to license its ticketing software to a competitor, Anschutz Entertainment Group Inc., and sell a ticket-selling subsidiary, Paciolan. It is expected to be ...
