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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 ...
Considering the vast resources at Live Nation’s disposal — their 2023 revenue was nearly $23 billion — this battle is likely to play out over months in court, and in reality, music fans ...
May 23, 2024 at 7:25 AM. Why Ticketmaster Owner Live Nation's Shares Are Tumbling Today. Live Nation Entertainment Inc (NYSE: LYV) shares are trading lower on Thursday as the company faces a legal ...
The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live ...
Attorney General Merrick Garland said the aim is to allow more competition and to let smaller players gain more of the U.S. ticket-selling market — which Ticketmaster controls a whopping 70% of....
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The U.S. Department of Justice's effort to break up Live Nation and Ticketmaster has been a long time coming, following years of complaints from concertgoers who say they've been squeezed by ...
The American ticket sales platform Ticketmaster and the parent company Live Nation Entertainment received widespread public criticism and political scrutiny over blunders in selling tickets to the United States leg of the Eras Tour (2023), the sixth concert tour by the singer-songwriter Taylor Swift, in November 2022.
Merger with Ticketmaster. In February 2009, Live Nation announced that it had reached an agreement to merge with the ticket broker Ticketmaster in a $2.5 billion, all-stock deal. The proposal initially received regulatory approval in Norway and Turkey.
May 23, 2024 at 7:30 AM. Michael Campanella. The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, alleging that the parent company of Ticketmaster has hurt consumers ...
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.