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Stock impact report

Live Nation CEO Disavows Staffer's Boast About “Robbing” Ticket Buyers, But Hasn't Fired Employee [Yahoo! Finance]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
“It's disgusting. It's not the way we operate,” Rapino said. More from The Hollywood Reporter Senator Keeps Pushing for Live Nation-Ticketmaster Break Up As States Trial Resumes Live Nation Antitrust Trial to Resume Monday as Company Fails to Reach Settlement With States Live Nation Employees Boast About "Gouging" Fans With Fees and Parking Costs in Private Exchanges: "Robbing Them Blind, Baby" The messages, which were sent in private Slack messages in 2022 between Live Nation employees Ben Baker and Jeff Weinhold, were shared last week as exhibits in the antitrust case about the entertainment giant. The messages, which said the company was “ robbing them blind, baby, ” referred to hiking up fees and parking costs. Rapino said he was not aware of the remarks until last week, and added that he has not yet taken action against Baker, who remains employed at the company and has not seen a pay cut. He plans to “deal with it” this week, but said “we don't fire easily.” This Show less Read more
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