CELEBRITY
Inside the controversial rise of Live Nation – as DOJ sues Ticketmaster’s parent company that has endured recent clashes with Taylor Swift fans
Ticketmaster has been sued by the Department of Justice (DOJ) due to alleged antitrust violations by the ticket operator’s parent company, Live Nation Entertainment.
Prosecutors are expected to challenge the company’s business practices following the merger of Ticketmaster and Live Nation to form Live Nation Entertainment in 2010, according to CNN.
The lawsuit is expected to allege that the business has unfairly marginalized competitors and weakened customer choice to help increase the company’s pricing brackets for event and concert tickets.
It comes after an investigation by the DOJ that began in 2022, which examined both Live Nation and Ticketmaster.
Founded in 2010 following the merger of Live Nation and Ticketmaster, Live Nation promotes, operates and manages ticket sales for live events across the globe.
Jay Z performs at Made In America Music Festival, in Philadelphia, USA, on September 3 2017. Jay-Z has had disputes with Live Nation over the management of his Made in America Festival including disagreements over venue changes and logistical decisions that impacted the festival’s organization and success.
It also owns and operates entertainment venues and manages the careers of music artists.
The original Live Nation company was founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, before being sold to Clear Channel Communications for $4.4 billion in 2000.
The brand has grown enormously since it was first founded in the late 1990s, as Live Nation Entertainment generated a total of $22.75billion in 2023, according to financial statistics website Statista.
Following news of the anticipated lawsuit against Live Nation Entertainment, here is a look some of the most controversial incidents involving the company – including a debacle over Taylor Swift tickets.
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