FT商学院

How Live Nation calls the tune for the live music industry

Rivals and competition experts fear the White House will not pursue its predecessor’s antitrust case against the events giant

In 2017, the owners of a US concert venue held a meeting with Ticketmaster about securing a ticketing partner. They were surprised to be joined by a promoter from Live Nation, its massive US events owner.

In the meeting, the Live Nation executive said explicitly that if the venue didn’t choose Ticketmaster, it would not stage events there. And when the venue eventually did choose a rival ticketer, Live Nation allegedly made good on its threat. Rather than getting the three or four shows a year expected, the venue instead received precisely zero.

The case was one of a number uncovered by the US Department of Justice in 2019 that allegedly showed Live Nation using its position in concert promotion to pressure venues to use its Ticketmaster subsidiary. The probe into the 15-year-old merger of Live Nation and Ticketmaster led to an agreement to extend and amend decrees around the 2010 deal.

您已阅读6%(897字),剩余94%(14471字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×