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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.
Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in the Formula One Group, Sirius XM, and Live Nation Entertainment.
The Biden administration is accusing Live Nation of exercising monopoly power over the live entertainment space, alleging the company controls some 60% of concert promotions at major venues and ...
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Greg Maffei served as the President and CEO of Liberty Media Corporation and the Liberty family of companies from 2005 to 2025. During Maffei’s nineteen years at Liberty, he oversaw acquisitions and investments in preeminent businesses including the Atlanta Braves, DirecTV, SiriusXM, Live Nation Entertainment, Charter Communications and Formula 1.
The Justice Department and several states are expected to file a lawsuit as soon as Thursday against Live Nation Inc, citing alleged antitrust violations at least in part due to the market ...