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Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.
Live Nation is an American events promoter and venue operator based in Beverly Hills, California.Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster.
On May 23, 2024, the DOJ and a coalition of 29 states formally launched an antitrust suit against Live Nation and Ticketmaster. [3] The lawsuit contends that Live Nation, which owns Ticketmaster, abused its unrivaled power in the concert and ticketing industry to eliminate competition, lessening consumer choice and resulting in rising prices. [61]
Harper said breakup of Live Nation and Ticketmaster would ideally foster more competition by allowing new firms into the market, giving consumers, artists and venues more choice in who they work ...
Live Nation, the largest concert promoter in the United States, merged with Ticketmaster in 2010. The merger was initially approved under the Obama administration with conditions designed to ...
The Justice Department allowed Live Nation and Ticketmaster to merge as long as Live Nation agreed not to retaliate against concert venues for using other ticket companies for 10 years. In 2019 ...
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