Greatest music industry news in a while. Live Nation and Ticketmaster have been one company since 2010 and since then they have used increasingly aggressive tactics, such as ticket fees and overall hurting the music industry with their tactics.
The news first came out last Sumer when the DOJ announced they were building a case.
Justice Department Prepping Antitrust Lawsuit Against Live Nation And Ticketmaster
Now, it’s been revealed that they are expected to move forward with the law suit within the next month. The lawsuit could break up the monopoly. This is the best music industry news in a long time, and could be one positive step towards the changes that we all know are needed.
WSJ had the exclusive but it’s behind a paywall. Here’s a piece in LiveForLiveMusic about it.
Justice Department To File Antitrust Suit Against Ticketmaster Parent Company Live Nation: Reports
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