Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Ticketmaster
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Live Nation merger === In February 2009, Ticketmaster entered into an agreement to merge with event promoter [[Live Nation (events promoter)|Live Nation]] to form [[Live Nation Entertainment]].<ref name="merger">[http://dealbook.blogs.nytimes.com/2009/02/10/live-nation-and-ticketmaster-agree-to-merge/ Live Nation and Ticketmaster Agree to Merge] New York Times. 10 February 2009.</ref> The deal was cleared by the [[United States Department of Justice|U.S. Justice Department]] in January 2010 under the condition that the company sell Paciolan to [[Comcast Spectacor]] or another firm, and license its software to [[Anschutz Entertainment Group]] (AEG), its biggest competitor.<ref name=":1">{{Cite news|url=https://www.nytimes.com/2010/01/26/business/26ticket.html|title=Justice Dept. Clears Ticketmaster-Live Nation Merger|last=Sisario|date=2010-01-25|work=The New York Times|access-date=2019-04-12}}</ref> The new company, which would be called Live Nation Entertainment, would also be subject to provisions for 10 years that prevented it from retaliating against venues that partnered with competing ticketing firms.<ref name=":1" /> When the DOJ planned to bring court proceedings against the company in 2020 for six violations to these provisions, Live Nation agreed to a settlement that extended them an additional fine years to 2025.<ref name="auto">{{Cite web |last=Clark |first=Dave |date=2020-01-14 |title=Despite Multiple Consent Decree Violations, Live Nation Gets Slap on Wrist from DOJ |url=https://www.ticketnews.com/2020/01/live-nation-consent-decree-doj-slap-on-wrist/ |access-date=2022-10-11 |website=TicketNews |language=en-US}}</ref> Live Nation CEO [[Michael Rapino]] was named CEO of the new company.<ref>{{Cite news|url=https://www.reuters.com/article/us-ticketmaster-livenation-idUSTRE5194DL20090210|title=Live Nation to buy Ticketmaster|date=2009-02-10|work=Reuters|access-date=2019-06-13}}</ref> One year after merging, Live Nation settled a previous class action lawsuit against Ticketmaster which alleged that the company had misled plaintiffs in its descriptions of delivery and processing fees.<ref>{{cite magazine|url=http://www.billboard.com/biz/articles/news/1179485/live-nation-to-pay-223-million-to-settle-class-action-suit-against|title=Live Nation to Pay $22.3 Million to Settle Class Action Suit Against Ticketmaster|date=27 January 2011|magazine=Billboard Magazine}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)