Live Nation antitrust settlement opens its ticketing to rivals
TL;DR Summary
Live Nation has reached a settlement with the DOJ in its high-stakes antitrust case, paying about $200 million to participating states. The deal includes structural changes to Ticketmaster’s platform that will allow rival ticketing services to list tickets, shortens exclusivity contracts to four years, requires divesting more than 10 amphitheaters, and caps service fees at 15% of ticket prices, effectively ending the trial before a verdict.
- Live Nation reaches settlement with DOJ in antitrust fight Politico
- Live Nation Nears DOJ Settlement That Avoids Ticketmaster Sale Bloomberg.com
- Former Barclays Center Executive Says Live Nation Threatened to Pull Tours The New York Times
- The Live Nation trial could reshape the music industry. Here's what you need to know NPR
- Live Nation Stock Jumps. Reports Say Settlement Would Allow It to Retain Ticketmaster. Barron's
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