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business7h ago
Live Nation Break Up Is Less Likely After DOJ Overhaul. What Would a Deal Look Like?
- The DOJ is viewed as leaning toward a settlement with Live Nation and Ticketmaster ahead of a trial next month.
- Possible settlement terms include ending exclusivity deals to boost competition in ticketing.
- A smaller concession could involve separating Live Nation’s management services from its promotion arm.
- Pricing transparency and restrictions on data-driven pricing algorithms are cited as possible DOJ focus areas.
- The case includes allegations of a ‘competitive détente’ between Live Nation and Oak View Group.
- The investigation emphasizes the role of data collection in entrenching Live Nation’s market position.
- The trial date for the DOJ’s bid to force a breakup is set for March, pending any settlement.
- State attorneys general, including California and New York, may join or pursue the case separately if no settlement is reached.
- Analysts suggest a carve-out or division of business segments could satisfy antitrust concerns while preserving operations.
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