Live Nation to Face Antitrust Lawsuit From Justice Department: Report [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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Source: Yahoo! Finance
Live Nation Entertainment may face an antitrust lawsuit from the Justice Department as soon as next month, The Wall Street Journal reports. The agency began investigating the Ticketmaster parent for potential abuses of power in 2022, amid outcry over various ticketing failures for Taylor Swift's Eras Tour. The lawsuit would allege that Live Nation's concert promotion and ticketing operations have undermined competition in the live music market, The Journal reports, citing sources familiar with the matter. The current investigation is the latest, and deepest, in a string of inquiries into Live Nation practice since the company merged with Ticketmaster in 2010. At issue are allegations of high fees, flawed customer service, and unfair leverage of market dominance, all of which pre-date the Eras Tour debacle Ticketmaster now holds more than 80 percent the primary ticket sales market in the biggest U.S. venues, The Wall Street Journal reports. Ticketmaster denies holding a monopoly,
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News
- Billie Eilish bringing tour to Pittsburgh [CBS News]CBS News
- Countdown to Live Nation (LYV) Q1 Earnings: Wall Street Forecasts for Key Metrics [Yahoo! Finance]Yahoo! Finance
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Live Nation Entertainment, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- Live Nation Entertainment, Inc. (LYV) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Should You Be Adding Live Nation Entertainment (NYSE:LYV) To Your Watchlist Today? [Yahoo! Finance]Yahoo! Finance
LYV
Earnings
- 11/2/23 - Beat
LYV
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- LYV's page on the SEC website