Live Nation and Ticketmaster have agreed to pay $9.9 million to settle claims that they engaged in 'predatory' practices by hiding the true price of tickets from D.C. fans until checkout.
A US jury has ruled that entertainment giant Live Nation and its subsidiary Ticketmaster operate as an illegal monopoly. This verdict addresses concerns over their control of the concert ticket market and pricing practices.
A jury has concluded that Ticketmaster and Live Nation operated an illegal monopoly, a decision that could have significant implications for the live entertainment industry.
Billboard provides a recap of the fourth week of the Live Nation antitrust trial, focusing on defense witnesses supporting Ticketmaster and the judge's consideration of alleged intimidation.
Spectators of Rosalía's interrupted concert in Milan will receive full refunds for their tickets, including the 15% ticketing commission, as announced by TicketMaster. The reimbursement follows the show's unexpected halt.
Donald Trump reportedly pressured the Justice Department to settle the Live Nation antitrust lawsuit, a settlement that requires Live Nation to implement structural changes to avoid being split from Ticketmaster.
Barely a week after the surprise settlement of the antitrust case leveled by the Department of Justice that threatened to separate Live Nation from its Ticketmaster division, Senator Amy Klobuchar…
The Trump administration accused the event giant of acting as a monopolist in the market for organizing shows and ticketing, through its subsidiary Ticketmaster, acquired in 2010.
There are calls to split Live Nation and Ticketmaster over an alleged monopoly, but Live Nation argues that makes minimal profits, and still has to fight for every deal it makes
The post…
Federal authorities are using the Taylor Swift ticket fiasco as key evidence in their antitrust lawsuit against Live Nation and Ticketmaster, alleging a monopoly.
Following a verdict in the US involving Live Nation and Ticketmaster, there are now calls for an Australian investigation into ticketing rules, with estimates suggesting Australians pay significant fees per ticket due to monopolized schedules.
The Department of Justice announced that former Attorney General Pam Bondi will not testify before the House regarding the Epstein files, despite a subpoena. Some House members still intend to pursue her testimony.
The Justice Department and Live Nation-Ticketmaster have reportedly reached a settlement in an antitrust case concerning an alleged illegal monopoly, according to an AP source.
The third week of the Live Nation antitrust trial concluded, with key testimony and takeaways focusing on alleged secret fees by Ticketmaster-OVG and competition for superstar tours.
Kid Rock, a close ally of President Trump, has criticized the settlement reached between Live Nation and the Justice Department, which avoided an antitrust trial where he was set to testify against the Ticketmaster parent company.
The trial involving Live Nation and Ticketmaster is set to resume following a development where seven states have joined a Justice Department settlement.
It will have to sell some of its amphitheaters, place a cap on the service fees, allow for third-party sellers to list on Ticketmaster directly, and more
The post Live Nation reaches settlement deal…
Trial testimony has commenced in the Department of Justice's effort to break up Ticketmaster and Live Nation, with an ex-arena executive testifying about alleged retaliation for booting Ticketmaster.
The antitrust trial between Ticketmaster's parent company, Live Nation, and the U.S. Department of Justice has begun, with potential implications for the company's structure and the Canadian market.
Entertainment giant keeps average of $7.58 of each ticket for events at major concert venues, court hears
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Ticketmaster…
Wells Fargo has upgraded shares of Live Nation Entertainment, parent company of Ticketmaster, citing easing antitrust risks and projecting a 29% upside for the stock.
Singer Raye has voiced her frustration with Ticketmaster after a site error prevented fans from attending her show, offering free tickets and signed vinyls as compensation.
A jury has declared Live Nation an illegal monopoly, a verdict that analysts say is unlikely to lead to a breakup with Ticketmaster despite its potential implications for the concert industry and ticket prices.
A US jury found Live Nation, the parent company of Ticketmaster, guilty of operating an illegal monopoly in the live events industry. The verdict concluded that the company engaged in anti-competitive practices and overcharged concertgoers.
Ticketmaster has partnered with CashorTrade to offer fans an additional option to access and list verified concert tickets for sale or purchase at face value or below.
US senators have criticized Ticketmaster, accusing the company of a 'bait and switch' tactic for raising other fees after a crackdown on hidden charges. Senator Richard Blumenthal stated that the company acts as if it has a 'get-out-of-jail-free card,' as records indicate it increased fees to offset losses.
Documents obtained by The Guardian reveal that Ticketmaster increased different fees to offset revenue loss after a US crackdown on hidden charges, following regulations banning surprise fees.
Scrutiny of Live Nation's acquisition of Ticketmaster intensified after it subjected Taylor Swift fans to hours-long queues and high prices for her Eras tour.
The DOJ has accused the live-entertainment giant of wielding outsized control over the industry, but the company's lawyers claim it "did not have monopoly power" during opening statements
The DOJ's antitrust battle against Live Nation and Ticketmaster is set to go to trial in NYC, with potential testimony from various entertainers and industry figures.
With their antitrust trial tentatively set to start next Monday, Live Nation and Ticketmaster have filed a motion to delay the proceedings so that an appeals court can determine whether two legal ques