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Ticketmaster, Live Nation discussing divestments
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Photo By WeHo News
Bloomberg News reported last week that Ticketmaster, West Hollywood’s largest employer, and its proposed merger partner Live Nation of Beverly Hills intend to sell off ticketing assets to salve Justice Department anti-trust lawyers’ concerns about that merger posing a virtual monopoly in live concert ticketing.
The two companies combined would dominate the nation’s live music industry, blending Ticketmaster’s ticketing domination with Live Nation’s control over concert promotion, venue operation and artist management, say anti-trust experts.... [full story]
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