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Live Nation Entertainment has been found liable in its bombshell monopoly lawsuit, according to news reports, a major move that could drastically shake up the live music landscape as a judge could now decides the penalty Live Nation and Ticketmaster should face. After a weeks-long trial that featured testimony from the likes of Live Nation…
A pair of Live Nation employees joked about “gouging” fans with fees and parking costs at concerts, further adding that these concertgoers are “so stupid” and that Live Nation is “robbing them blind, baby,” according to private messages released as court documents as part of Live Nation’s monopoly lawsuit. The messages, which were sent in…
TicketMaster avoids a company breakup thanks to MAGA lobbying; as antitrust enforcement dies down, music lovers will pay the price. Mario Tama / Getty Images In court Monday the Department of Justice announced it had reached a settlement with Live Nation in a twist to the landmark antitrust case so surprising the Trump administration forgot…
Live Nation reported record fan attendance for 2025, reaching 159 million globally, as revenue surged to $25.2 billion, above analyst expectations. Attendance was up from 151 million in 2024, and international markets surpassed the U.S. in fan attendance for the first time. Live Nation reported operating income up 52 percent, reaching $1.3 billion for the…
Ahead of a possible trial date in March, Live Nation says it is preparing for the possibility of having to cede its exclusive ticketing contracts with venues. The Department of Justice has brought suit against Live Nation alleging that the company, which also owns Ticketmaster, uses its position as the largest concert promoter, ticket seller…
Los Angeles has been hit hard by wildfires in the area, which is home to scores of music industry professionals. Between the Palisades, Eaton and other fires, entire neighborhoods populated by artists, publicists, managers, agents, songwriters, label executives, session musicians and others in the business of music have been burned to the ground in a…
Live Nation said it had its biggest year ever in 2023, in terms of both ticket sales and attendance. For the full year, the entertainment giant, which also owns Ticketmaster, said concert attendance was up 20 percent compared to last year, with more than 145 million fans attending more than 50,000 events. Ticketmaster sold 620…
The world’s largest live music promoter has announced “On The Road Again,” an initiative to help developing artists earn money on tour. New York City’s Irving Plaza, a Live Nation venue. Photo by Johnny Nunez/WireImage via Getty Images. Live Nation has announced “On The Road Again,” a new initiative aimed at supporting developing acts…
Several law firms are investigating whether Live Nation lied to investors by failing to disclose the scope of its legal vulnerability for allegedly abusing its power in the live music industry. New York-based firm Bernstein Liebhard sent out a notice on Tuesday soliciting investors to join a lawsuit that was filed last week against Live…
Live Nation CEO Michael Rapino’s total compensation package rose to $139 million in 2022, up from $13.8 million the previous year. Rapino’s compensation included a base salary of $3 million, up from $2.6 million in 2021 (which came as Rapino agreed to take a pay reduction during the pandemic). Live Nation entered into a new…