Bill Wyman has been tirelessly chronicling the… MORE »
Posts Tagged ‘live nation’
the biz
Handicapping The Upcoming Ticketmaster/LiveNation Hearings
Tomorrow the Senate Judiciary Committee’s “Subcommittee on Antitrust, Competition Policy and Consumer Rights” (wshew) will hold a hearing on the proposed Ticketmaster/LiveNation merger, and Jim DeRogatis provides a preview. He notes that the committee includes Democratic Senator Chuck Schumer, who has criticized Ticketmaster’s policies in the past, and Republican Senator Orrin Hatch, a music-biz advocate from Utah who may have a personal interest in the biz’s future. As the Democrats control the committee and are thus the ones who called the hearing, it is unlikely that they will be taking a particularly positive view of the proposed merger. MORE »
shenanigans
Ticketmaster Stockholders Sue For A Cut Of Those Fees
Ticketmaster shareholders don’t like the looks of the big Live Nation/Ticketmaster conjoining that went on last week, saying that Ticketmaster was bought at too bargain-basement of a price So they’re doing what all the frustrated customers who have wished at some point that they could take legal action against the ticketing giant (perhaps you’re one of them?) and filing a big class-action lawsuit in hopes that they’ll stop the deal: MORE »
the biz
The Live Nation And Ticketmaster Announcement: PR Speak, Ahoy
The press release announcing the unholy creation of Live Nation Entertainment—the live-event monster to emerge from the merger of Ticketmaster of Live Nation, barring any intervention from the Justice Department—has crossed the transom, and the subtitle alone is enough to inspire snickers and eye-rolling from skeptics: “Combination Will Drive Greater Access, Transparency and Choice in Ticketing to Serve Fans, Artists and Entire Live Entertainment Industry… Will Improve Live Event Attendance, Supporting Venues and a Healthier Industry.” Also, freedom is slavery, don’t you know? Anyway, the full release is after the jump—I wonder if we should make this a game, and give a prize to the first person who gets a Corproate Bingo from reading its text? MORE »
the biz
Ticketmaster-Live Nation Two-Headed Monster Comes Closer To Existing
The boards of concert-promotion behemoth Live Nation and ticketing giant Ticketmaster have approved a merger agreement between the two companies, and an announcement regarding the megamonopolistic entity is scheduled for sometime this morning. The all-stock deal will result in a company known as Live Nation Entertainment Inc. provided that the government’s antitrust division doesn’t get all huffy and try to scuttle the deal. And now we know another reason that Ticketmaster really wanted this deal to happen: All those negative associations concertgoers have with the word “Ticketmaster” will just evaporate into the night! MORE »
the biz
Bono Apparently Knows What Side His Soda Bread Is Buttered On
From a Wall Street Journal article on the Live… MORE »
top
Ticketmaster And Live Nation To Merge?????
The Wall Street Journal is reporting that Ticketmaster and Live Nation are close to a merger that would bring the United States’ two largest concert-promotion/ticket-sales companies under one roof. Um, I guess the whole Phish tickets onsale was more of a disaster than previously thought! MORE »
it's the economy?
Your Personal Live-Music Itineraries: Are They Feeling The Pinch?
Sure, today saw quite a few highly anticipated concerts in the news. But Forbes.com is seeing through those lineup announcements and sellout crowds and forecasting nothing but gloom and doom, thanks to—what else?—recent global economic woes. Layaway plans for pricey festival tickets are just the beginning! MORE »
