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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 2017, Live Nation Entertainment reported revenue of $10.3 billion. [16] [17]In April 2018, the United States Department of Justice launched an investigation following allegations by AEG that Live Nation pressured them into using Ticketmaster and intentionally avoided booking acts for AEG venues. [18]
In late 2019, Live Nation announced "Lawn Pass", a one-time fee program for concertgoers to attend all 2020 events in the lawn section at 29 outdoor amphitheaters in the United States. [ 36 ] The company has agreed to match a $500,000 donation by singer Lizzo to Planned Parenthood in response to the Supreme Court decision to overturn Roe vs. Wade.
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 ...
In a 128-page civil suit filed in U.S. District Court for the Southern District of New York, federal officials allege that Live Nation has illegally thwarted competition and unduly burdened ...
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.
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.
Live Nation Entertainment President and Chief Financial Officer Joe Berchtold and other witnesses are sworn in to testify before a Senate Judiciary Committee hearing titled "That's the Ticket ...