Marciano shared his assessment of the government's antitrust lawsuit in a memo to staff on Friday.
For all the kvetching about Ticketmaster, the idea of the company’s divisions reinforcing one another could be a much bigger problem.
A shadowy group is attempting to sell user payment details and other data for $500,000 via an illegal online marketplace.
In its sprawling complaint, the government outlines evidence that Michael Rapino colluded with Oak View Group to undercut competitors and cement Ticketmaster's power.
"We allege that Live Nation controls the live entertainment industry in the United States because it is breaking the law,” said Attorney General Merrick Garland.
The lawsuit is expected to charge that the concert giant has a monopoly on event ticketing through Ticketmaster.
The battle-weary concert promoter may face off in court with the Department of Justice’s antitrust agency, which is in desperate need of a win.
Rodrigo adds four more arena shows to the "GUTS" swing Down Under.
The Billboard Global Music Index fell 1.9% to 1,788.83 as 16 of 20 stocks lost ground this week.
During his 2024 Mood Swings tour, King will roll out initiatives including a hotline for touring artists.
