The Justice Department has detailed alleged Live Nation wrongdoing in a new filing
Ticketmaster and Live Nation executives explicitly told venues they would pull all their concert business when they moved away from Ticketmaster, the DOJ claimed in the filing, with one venue executive telling antitrust agents that Ticketmaster’s president allegedly said “Ticketmaster’s response would be nuclear” if they left, and that “Live Nation would never do another show in our building.”
Another venue reported that it had signed a ticketing agreement with a Ticketmaster competitor, and Live Nation stopped contacting the venue for concert opportunities until one month later, when the venue backed out of the deal to sign with Ticketmaster and was “back in the family.”Thursday, Live Nation said it would continue to fight the Justice Department on the allegations.
“Live Nation settled this matter to make clear that it has no interest in threatening or retaliating against venues that consider or choose other ticketing companies,” a rep for the company said. “We strongly disagree with the DOJ’s allegations in the filing and the conclusions they seek to draw from six isolated episodes among some 5,000 ticketing deals negotiated during the life of the consent decree.
The DOJ’s Wednesday filings included new guidelines for Live Nation — including stipulations that it undergo monitoring by an “independent trustee” selected by the U.S. government. The federal government’s actions against Live Nation come as online ticket vending continues to consolidate. London-based Viagogo bought larger Stubhub from Ebay last November, creating one of the largest ticket vendors in the industry.
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