“It is time to break it up.”It is difficult to overstate just how thoroughly Live Nation, which acquired Ticketmaster more than a decade ago, controls live entertainment in America.
Through Ticketmaster, Live Nation controls 80% of venues’ primary ticketing for concerts.
There’s a fine line between vertical integration and all-out monopoly, and Live Nation is, at minimum, very clearly toeing it.
Artists, fans and venues have been complaining about Live Nation and Ticketmaster pretty much since they agreed to merge in 2009.
Live Nation, Wolfson said, is likely to come out swinging.
Persons:
CNN Business ’, Caitlin Clark, wasn’t, General Merrick Garland, Swift, Taylor, Sen, Richard Blumenthal, Garland, Swiftie, ” Adam Wolfson, Quinn Emanuel, Eventbrite, Wolfson, … we’re, there’s
Organizations:
CNN Business, New York CNN, Justice Department, Ticketmaster, DOJ, Artists, Senate, Democrats
Locations:
New York, United States, America, North America, “