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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.
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]
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 the wake of Tuesday's Senate Judiciary Committee hearing into the ticketing industry, one analyst is warning a potential uncoupling of Live Nation and Ticketmaster would be dire for the company.
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.
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.
Live Nation stock dropped more than 7% on Tuesday after the Wall Street Journal reported the Department of Justice (DOJ) is preparing to file an antitrust lawsuit against the company as soon as ...