Live Nation: Last News

+1

All news where Live Nation is mentioned

nypost.com
70%
862
More states join antitrust lawsuit against Ticketmaster parent Live Nation, seek triple the damages
sued three months ago to break up Live Nation, arguing the concert promoter and Ticketmaster illegally inflated concert ticket prices and hurt artists like Taylor Swift.Some states had sought damages under state law in the original lawsuit. By adding claims under the federal anti-monopoly law, states can seek three times the monetary damages.On Monday, 10 states joined the lawsuit filed in Manhattan federal court, and 26 states and the District of Columbia added claims for treble damages on behalf of their residents.New York Attorney General Letitia James said in a statement that her office is seeking damages for what state residents were overcharged by Live Nation and Ticketmaster.“It’s time for a new era where fans, venues, and artists are not taken advantage of by big corporations that run the world of live events,” she said.Indiana, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New Mexico, South Dakota, Utah and Vermont joined the lawsuit, boosting the total to 39 states and the District of Columbia.The lawsuit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.
nypost.com
74%
358
DOJ sues Live Nation over high prices, seeks to break up Ticketmaster merger
concert ticket prices and hurt artists.“It is time to break up Live Nation,” said US Attorney General Merrick Garland.Concert fans and politicians for years have been calling for a re-examination of Live Nation’s purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor Swift’s first concert tour in years, sending fans into hours-long online queues, charging prices that customers said were too high and drawing charges of poor service.Thursday’s legal action underscores the aggressive approach President Biden’s antitrust enforcers have adopted as they seek to create more competition in a wide range of industries, from Big Tech to healthcare to groceries.“Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” Garland said, adding that as a result fans pay more in fees, artists have fewer opportunities to perform and smaller promoters get squeezed out.Shares of Live Nation were trading down 5%.Live Nation called the suit a possible “PR win for the DOJ in the short term,” but said the entertainment company would prevail in court. The lawsuit “won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows.”“There is more competition than ever in the live events market,” it added.The suit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.

Facts About Live Nation

Who is Live Nation?

Live Nation is a public figure featured in various informative articles due to their public appearances.

Why is Live Nation in the spotlight?

Live Nation often attracts media attention through controversial moves, which make headlines across platforms.

Where can I find the latest news about Live Nation?

We have a dedicated section on our site featuring all news articles about Live Nation. Our team monitors developments and publishes information in real time.

Is there a full biography of Live Nation available?

Yes, you can explore a detailed biography of Live Nation, including early life, in our featured article dedicated to them.

What are the most talked-about moments involving Live Nation?

Live Nation has been at the center of viral moments, including awards, interviews, and controversies.

DMCA