The logo and trading information for Live Nation Entertainment is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019.
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Nov 20 (Reuters) - Live Nation (LYV.N) and its subsidiary Ticketmaster is being sent a subpoena for documents regarding ticket pricing, fees and secondary sales, a U.S. Senate panel said on Monday.
"Live Nation has egregiously stonewalled my Subcommittee’s inquiry into its abusive consumer practices — making the subpoena necessary," Senator Richard Blumenthal, Democratic chair of the U.S. Senate Permanent Subcommittee on Investigations, said in a statement.
In a cover letter that accompanied the subpoena, Blumenthal said Live Nation had failed to fully comply with document requests sent in March.
A Live Nation spokesperson said the company had provided "extensive information" to the subcommittee and met with staff several times.
Persons:
Brendan McDermid, Taylor, Richard Blumenthal, Blumenthal, we’ve, Diane Bartz, Lisa Shumaker, David Gregorio Our
Organizations:
Live, New York Stock Exchange, REUTERS, Rights, Ticketmaster, U.S, Senate, hardball, Democratic, U.S . Senate, Investigations, Thomson
Locations:
New York, U.S