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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 ...
In May 2018, Live Nation Entertainment also acquired a majority stake in Brazil's Rock in Rio festival, including from previous stakeholder SFX Entertainment, which was involved in a failed attempt at a U.S. version of the event in Las Vegas, with its founder Roberto Medina continuing to manage the festival's operations, and providing ...
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.
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]
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 ...
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.
Live Nation is an American events promoter and venue operator based in Beverly Hills, California.Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster.
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 ...