The Live Nation settlement has industry insiders baffled

3 hours ago 2
Image of Ticketmaster connected  a telephone  with gavels successful  the background

Instead of moving guardant with a assemblage proceedings against Live Nation-Ticketmaster arsenic expected, the Justice Department announced a settlement Monday that omitted what utilized to beryllium connected the apical of its privation list: a breakup.

What the DOJ did get was a series of concessions that immoderate manufacture stakeholders recovered unsatisfying and adjacent baffling. There are a fewer agleam spots, those who spoke to The Verge said: a 15 percent headdress connected Ticketmaster work fees astatine Live Nation-owned oregon operated amphitheaters, for instance, and a pledge to springiness artists much transparency connected their ain summons sales. But they remained unconvinced the woody would usher successful the large-scale …

Read the afloat communicative astatine The Verge.

Read Entire Article