Sources point to problems with ticket sales for The Strokes, Genesis and more as a major factor in the decision.
The ruling came as the concert giant faces a similar wrongful death lawsuit over the fatal backstage stabbing of Drakeo The Ruler.
Politicians are gunning for Live Nation with the threat of a new DOJ probe.
The company's modest gains outperformed competitors and major indexes.
Live Nation president and CFO Joe Berchtold was in the hot seat at today's Senate Judiciary Committee hearing on ticketing.
Live Nation president and CFO Joe Berchtold will detail how disruption caused by bots makes ticket-buying worse for everyone, calling for government action.
The Senate Judiciary Committee will convene for a hearing focused on "promoting competition and protecting consumers in live entertainment."
The global trek will celebrate Madonna’s deep catalog of hits, sources tell Billboard.
The class-action complaint claims the companies "intentionally and purposefully" misled fans into believing they would prevent bots and scalpers from participating in the presale.
Company will use an older fan-club ticketing system to sell the remaining Eras tour tickets that takes the queue out of the process.
