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The Justice Department’s massive antitrust suit against Live Nation on Thursday reflects widespread frustration among fans and concertgoers everywhere who are fed up with confusing fees, ticket ...
In 2000, Ticketmaster had signed numerous "exclusive arguments" with a large number of the major athletic and amusement organizations. The ticket business began shifting to the internet, leading to competition between Ticketmaster and Tickets.com . [16]
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
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.
Ticketmaster currently controls more than 80% of the market share for major concerts–and customers pay dearly, in more ways than one.
In addition to Ticketmaster, Live Nation owns or controls more than 265 concert venues in North America, including more than 60 of the top 100 amphitheaters in the U.S. Best of Variety New Movies ...
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The DOJ’s case states that these deals block other companies from competing; Ticketmaster has long claimed that it is open to non-exclusive contracts, but in practice, other companies have found ...