At the NIVA conference in New Orleans this week, several live music experts spoke about the lawsuit against Live Nation, predicting it will take years to play out.
Artist reps say the 20% to 25% cut that venues take of their merchandise sales is exorbitant, especially at clubs: “You’re just providing a lobby and a table."
Authorities are investigating whether hackers accessed company databases, though a source says there's no proof that fan accounts were compromised.
The Billboard Global Music Index fell 2.3% to 1,799.07 this week as the most valuable companies saw share prices drop.
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.
