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0.000695058764059229 0.000189561481107046 0.00113736888664228 0.00132693036774932 0.00612915455579426 0.00240111209402265 0.00240111209402265 0.00240111209402265
Stock impact report

F-bombs and a vanishing Billie Eilish concert: Ex-arena exec describes 'retaliation' for booting Ticketmaster [Business Insider]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Become an Insider and start reading now. Have an account? Log in Trial testimony began Wednesday in the DOJ's effort to split Ticketmaster from Live Nation. The government's first witness was the ex-CEO of the Barclays Center arena in Brooklyn, NY. He described threats and retaliation by Live Nation when he switched from Ticketmaster to SeatGeek. In 2021, the Barclays Center arena — home to the Brooklyn Nets and concerts ranging from Disney on Ice to Bad Bunny — decided to switch from Ticketmaster to another ticketing company, SeatGeek. The switch didn't go well. Ticketmaster retaliated hard, a federal jury in Manhattan heard on Wednesday, as testimony began in a high-stakes government effort to split the ticketing giant from parent company Live Nation. "Ticketmaster pulled up the drawbridge behind them," refusing to help with the transition to SeatGeek, testified John Abbamondi, Barclay's then CEO. And soon, Live Nation retaliated as well, Abbamondi testified, suppo Show less Read more
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