Live Nation Entertainment
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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 Entertainment. [2]
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.
United States, et al. v. Live Nation Entertainment, Inc. and Ticketmaster Entertainment, LLC is an antitrust lawsuit brought by the U.S. Department of Justice (DOJ) and twenty-nine states and Washington, D.C., against entertainment company Live Nation Entertainment and its subsidiary Ticketmaster, following the Taylor Swift–Ticketmaster controversy in 2022.
In December 2022, several fans sued Ticketmaster for many violations such as intentional deception, fraud, price fixing, and antitrust. Publications opined the controversy highlighted one of the longstanding issues in the music industry and that the U.S. Department of Justice had been investigating the merger.
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.
Ticketmaster, one of the tour's official ticketing partners, was politically scrutinized for its ineffective sales of the tour's tickets and an alleged monopoly in the concert industry. The tour also bolstered economies, businesses, and tourism worldwide; dominated social media and news cycles ; and garnered tributes and accolades from various ...