
The terms of the deal will see the entertainment giant divest some of its venues and allow third-party ticketing companies to use Ticketmaster
Live Nation appears to have reached a settlement with the US Department of Justice (DOJ) in relation to the latter’s antitrust lawsuit against the entertainment giant.
The suit, originally filed in 2024, claimed that Live Nation, parent company of Ticketmaster, has a market monopoly over the live events industry. The company owns around 460 venues globally, and at least 150 of those are located in the US. Its ticketing arm, Ticketmaster, also accounts for 80 percent of the primary ticketing market for major concert venues across the US.
The government’s suit aimed to break up the two companies and split…
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