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The word "Ticketmaster" was trending number one worldwide on various social media platforms such as Twitter and TikTok. [96] Several US lawmakers took notice of the issue. US congresswoman Alexandria Ocasio-Cortez tweeted that Ticketmaster is a monopoly and that it must be unmerged from Live Nation Entertainment .
By 1990, Ticketron had 750 outlets and had a 40% market share, behind Ticketmaster with 50% of the market. [6] In 1990 the majority of Ticketron's assets and business, with the exception of a small antitrust carve-out for Broadway's "Telecharge" business-unit, were bought by The Carlyle Group who sold it the following year to rival Ticketmaster ...
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In 2009, Live Nation and Ticketmaster, a concert promotion firm and ticketing company, reached an agreement to merge. The new company received regulatory approval and was named Live Nation Entertainment. [5] [6] Michael Rapino, then CEO of Live Nation, became the new company's CEO, while Ticketmaster CEO Irving Azoff was named executive ...
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