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Live Nation Entertainment Inc (NYSE:LYV) shares are trading lower on Thursday as the company faces a legal challenge after the U.S. Department of Justice and several states prepare to file an ...
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.
In 2010, Live Nation merged with Ticketmaster, a live entertainment ticket seller. [16] Rapino was named CEO of the new parent company, Live Nation Entertainment. [ 17 ] Prior to the merger's approval by the U.S. Justice Department, Rapino and then-Ticketmaster CEO Irving Azoff testified in front of a Senate antitrust panel.
In February 2009, Ticketmaster entered into an agreement to merge with event promoter Live Nation to form Live Nation Entertainment. [23] The deal was cleared by the U.S. Justice Department in January 2010 under the condition that the company sell Paciolan to Comcast Spectacor or another firm, and license its software to Anschutz Entertainment ...
Ticketmaster and owner Live Nation Entertainment, the events ticketing giant behind the recently botched sale of Taylor Swift concert tickets, should be broken up by the Department of Justice if ...
While it was hardly unexpected, the Justice Department’s lawsuit against Live Nation and Ticketmaster is thorough and damning — all 124 pages of it — and lays out in compelling detail how ...
She was recruited to Live Nation by CEO Michael Rapino [7] and joined the company as the chief strategy officer in 2014. In 2015 she took the position of Ticketmaster North America COO. In 2020, Amy Howe, the COO of Ticketmaster, has left the business. [8] [9] In 2021, Amy was appointed to the President of FanDuel. [10]
The lawsuit could potentially lead to a breakup of Live Nation Entertainment, a company that resulted from Ticketmaster's 2010 merger with concert promoter Live Nation.