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| Comcast Jumps into Ticketmaster Live Nation Merger Fray |
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So what's in it for Comcast? From reports it appears that they will get their hands on ticketing software and some new, juicy client contracts. Comcast, through subsidiary Comcast-Spectacor, owns the 76ers, the Philadelphia Flyers hockey team and Wachovia Center in the city. The unit, which also oversees the facilities and ticketing businesses, was among the investors that sold ticket service and software provider Paciolan to Ticketmaster in 2007. Related Articles: Block this music monopoly - TM/LN merger will hurt concert consumers. by David Balto (originally published at Philly.com)
Nine months after Ticketmaster announced its proposed merger with Live Nation, the Justice Department's antitrust investigation seems to be entering the ninth inning, and the bases are loaded. Numerous consumer groups and 50 members of... Live Nation Unloads U.K. Theatre Division for Approximately U.S. $160 Million Live Nation
, the world's largest live music company, recently announced that it has
closed the sale of its remaining U.K. theatrical venues and operations
to The Ambassador Theatre Group, an owner and operator of regional
theatres in the United Kingdom. In addition, on October 23, 2009,... Live Nation Reports Strong Third Quarter Results Live Nation (NYSE: LYV) released financial results for the three months ended September 30, 2009 today.
“We generated robust organic growth from our operations during the third quarter as we focused on executing our fundamentals with excellence during the peak concert season,” said... Live Nation, Ticketmaster profits take a hit due to Proposed Merger
Live Nation and Ticketmaster
Entertainment Inc. both stated that their earnings were hurt by
costs related to the proposed deal, which is expected to continue into 2010 as
regulators examine antitrust issues.
Promoter Louis Messina raises new concerns about Ticketmaster and possible scalping activities Allegations have been swirling for months about Ticketmaster's potential scalping of their own concert tickets. Louis Messina, Nashville area promoter and president of TMG/AEG live, is the latest to add his voice to the growing chorus of concern.
Ticketmaster Signs Exclusive Deal to Provide Ticketing Services for the 2010 Women's Rugby World Cup Ticketmaster, a Ticketmaster Entertainment, Inc. (NASDAQ:TKTM) company,
is proud to announce it has signed an exclusive deal to provide the ticketing
services for the 2010 Women's Rugby World Cup.
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