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Stock impact report

Kid Rock slams Ticketmaster 'monopoly' at Senate hearing [USA TODAY]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: USA TODAY
hearing , dubbed "Fees Rolled on All Summer Long: Examining the Live Entertainment Industry," on Wednesday, Jan. 28. The hearing addressed pricing issues concerning live concert and event fees and bots. "I've been packing arenas, amphitheaters and stadiums with the greatest fans on Earth for over 25 years." Kid Rock, 55, said. "I'm also a capitalist. ... I love live music and sports, and I believe music fans and artists have been getting screwed for far too long by the ticketing system." Other key figures who testified included executives from the Ticket Policy Forum coalition, Z2 Entertainment and Live Nation , the parent company of Ticketmaster Rock, a friend of the Trump administration, was by the president's side when he signed an executive order targeting ticket price gouging in March. That order directs the Treasury Secretary and the Attorney General to ensure ticket scalpers comply with the Internal Revenue Service's tax collections, and directs the Federal Trade Commissi Show less Read more
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