I know this is all over the news, and I imagine this deal couldn't be anything but bad. But I have to say, this is really only affecting the big name shows. I can't remember the last time I used Ticketmaster to buy tickets for a show. Maybe a positive spin will be that people will start going to local shows, buying tickets from local record stores, etc. One can only hope.
Justice Dept. To Probe Live Nation / Ticketmaster Deal
The Justice Department says it will investigate the proposed merger of ticketing giant Ticketmaster Entertainment Inc. with Live Nation Inc.
[From Justice Dept. To Probe Live Nation / Ticketmaster Deal - Pollstar -- The Concert Hotwire]
Department spokeswoman Gina Talamona said Wednesday the department will vigorously enforce antitrust laws and therefore thoroughly investigate the proposed deal. Some lawmakers are already calling on the government to reject the deal. The deal would match the world's dominant ticket seller, Ticketmaster, with Live Nation, which was once it's biggest client and is the world's No. 1 concert promoter. A Justice Department investigation could take months or longer, and the department has probed Ticketmaster in the past.
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