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0.000491352201257787 0.00203092243186584 0.00409460167714885 0.0133320230607966 0.0125131027253669 0.0125131027253669 0.010154612159329 0.010154612159329
Stock impact report

Live Nation CEO Michael Rapino, defending his company, takes star role at antitrust trial [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
antitrust trial Thursday, defending the dominant position his company has taken over the last two decades as a lawyer for nearly three dozen states tried to portray the concert giant as greedy and abusive to customers. Michael Rapino, who has led the company since it was formed 21 years ago, testified at the trial resulting from the lawsuit the U.S. Justice Department brought two years ago against Live Nation and its ticketing subsidiary, Ticketmaster. “I'm very proud,” Rapino said, speaking of the way he believed his company had taken a fragmented industry over 20 years ago and organized it to better serve artists and fans in a manner that other companies now try to emulate. In 2010, Live Nation merged with Ticketmaster. The federal government settled its role in the case last week, winning concessions from Live Nation that are meant to increase competition and ideally lower ticket prices for concertgoers. Six states have joined the federal government in settling. But 33 states Show less Read more
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