Thorp and Sailor's Grave Board

Time to charge even more? Ticketmaster and Live Nation merge to form Live Nation Entertainment

BDx13 - 2-11-2009 at 10:26 AM


Paid Content reports that Ticketmaster and Live Nation have announced plans for a merger. The deal is a tax-free, all stock merger with a combined value of approximately $2.5 billion, and the new entity will be called Live Nation Entertainment.

Together, the two firms will have significant control over live music in North America. Live Nation is a significant concert promoter and Ticket Master remains the dominant ticketing service. The deal is subject to regulatory approval and represents another difficult situation for the major record labels.


barc0debaby - 2-11-2009 at 12:39 PM

What happened to anti-trus laws in this country?

CR83 - 2-11-2009 at 01:44 PM

It is like watching the guy you hate at school the most team up with the guy at work you hate the most.



barc0debaby - 2-11-2009 at 01:58 PM

Quote:
Originally posted by CR83
It is like watching the guy you hate at school the most team up with the guy at work you hate the most.



And then they move in next door.