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The Latest Breaking News from Live Nation Entertainment

US Seeks To Break Up Live Nation, Ticketmaster Over Alleged Monopoly

The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster.

International Business Times

Ticketmaster Timeline: A running list of clashes from Pearl Jam to Taylor Swift

The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans

The Independent UK

DOJ Sues Live Nation Ticketmaster For Antitrust Violations

DOJ and states sue Live Nation Ticketmaster for antitrust violations in the live concert industry, impacting ticketing practices and competition.

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Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans

The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans

The Independent UK

Australian music insiders take aim at ‘tick-a-box’ government funding for festivals

Co-founder of Oztix says events run by companies ultimately owned by multinationals should not be propped up by Australian taxpayers

The Guardian - AU

The Australian company behind Splendour has a rich parent – so why does it need millions in public money?

The NSW government was ‘devastated’ when Secret Sounds cancelled the 2024 Splendour in the Grass festival, but says financial support for it is in the public interest

The Guardian - AU

fuboTV (FUBO) and Live Nation Entertainment (LYV): Buy, Hold, or Sell in 2024?

Despite macroeconomic challenges, the entertainment industry is expected to experience significant long-term growth, driven by diverse and innovative offerings and the adoption of advanced technologies. Amid this, let's evaluate the prospects of industry participants fuboTV (FUBO) and Live Nation Entertainment (LYV). Read more….

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Sold Out! 10 Items Fly Off Shelves Like Costco's Gold Bars

Costco can't seem to keep its gold bars in stock. But that's just one example of products and services S&P 500 companies can't keep in stock.

Investors Business Daily

Olivia Rodrigo is setting aside tickets as low as $20 to her upcoming blockbuster GUTS Tour—but it’s unclear just how many

good 4 u? Most tickets to the pop-rock star’s new tour will run you from around $50 to $200.

Fortune

Live Nation and Ticketmaster tell Biden they're going to show fees up front

After President Biden called out "junk fees" in his State of the Union address, ticket vendors said they were willing to do more to disclose hidden fees. Live Nation is the latest to join.

WEKU

A Surge in Regional Banks and Strong Apple Earnings Boost Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.13%. Stock indexes Friday rallied sharply, with the Nasdaq 100...

Barchart

Stocks Jump as Bank Stock Rebound and Apple Soars

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.45%. U.S. stocks this morning are moderately higher as an...

Barchart

Taylor Swift fans rally in LA for Ticketmaster hearing: 'We put everything on pause'

LOS ANGELES — After the Ticketmaster meltdown last fall, Swifties with bad blood are on tour. Their most recent stop: Los Angeles.

Los Angeles Times

Taylor Swift fan mortified and regretful about buying extortionate $5.5k resale tickets

A desperate Taylor Swift fan who forked out over $5.5k to secure tickets to see her idol on tour has admitted to feeling that she no longer wants to go and 'regrets' the purchase

Daily Mirror

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Businessweek

Taylor Swift Debacle Rekindles Ticketmaster Antitrust Worries

The company’s 2010 merger with Live Nation remains under federal oversight, so accusations of market-power abuse from the ticketing flap could reopen that case.

WEKU

Dozens of Taylor Swift fans sue Ticketmaster in the wake of its ticket sale fiasco

The lawsuit, filed Friday, alleges fraud and antitrust violations, among other claims. Nearly 400 more people have since shown interest in joining and will be added as plaintiffs, a lawyer tells NPR.

The New Daily

Taylor Swift fans sue Ticketmaster for ‘sale disaster’

Taylor Swift fans have come together to sue Ticketmaster over the Eras Tour fiasco and claim the company put in an "anticompetitive scheme".

Los Angeles Times

Will the government crack down on bots after Ticketmaster’s Taylor Swift meltdown?

After Ticketmaster fumbled its sales of Taylor Swift’s Eras stadium tour tickets earlier this month, the company blamed “bot attacks” and fans for the meltdown.

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Evening Standard

Can Taylor Swift fans break the Ticketmaster monopoly? What happened with the 2023 Eras tour sale

Taylor Swift calls Ticketmaster’s handling of sales for her concerts ‘excruciating’ but what caused so many fans to be left without tickets, asks Liam O’Dell

Daily Mirror

Ticketmaster apologises to Taylor Swift fans as Justice Department launch probe

Ticketmaster has apologised after they came under fire to failure to perform a reliable sale of tickets to her latest US tour after she expressed her frustrations

The Guardian - US

Swifties know: the Ticketmaster fiasco shows America has a monopoly problem

The power of irate Taylor Swift fans means something might actually be done about the dominance of Ticketmaster and co

Benzinga

Expert Ratings for Live Nation Entertainment

Analysts have provided the following ratings for Live Nation Entertainment (NYSE:LYV) within the last quarter:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 5, 2022

Upgrades

Benzinga

5 Analysts Have This to Say About Live Nation Entertainment

Live Nation Entertainment (NYSE:LYV) has observed the following analyst ratings within the last quarter:

Benzinga

Ominous Death Cross Forms On Live Nation Entertainment's Chart

If history is any guide, there may be trouble ahead for shares of Live Nation Entertainment (NYSE:LYV). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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