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| Ticketmaster Live Nation Merger Means Belgium's Live Nation now Secondary Ticket Sellers by Proxy |
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Live Nation Belgium, owner of Rock Werchter (one of Europe's largest festivals), and Telenet Group Holding NV (television, Internet and telephony), owned by Liberty Media (who own 15% but just made a bid for 34.9 percent of Live Nation Entertainment), are now married with of the world's largest entertainment consortium recently formed with the merger of concert giant US-based Live Nation and Ticketmaster into newly coined Live Nation Entertainment - which is headquartered in California, USA. The Belgian arm of Live Nation, led by Herman Schueremans, who organizes a wide array of Belgian rock and pop concerts, has been vehement in his battle with the secondary ticketing market in Belgium for a number of years. But now, as Mojo Concerts is confronted with in The Netherlands, they are faced with the reality that they are now in the secondary ticketing business due to new ownership. The newly formed Live Nation Entertainment had to give concessions in order to be formed, but Ticketmaster was not required to unload their profitable, and highly controversial secondary ticketing platforms Ticketsnow, Ticketexchange and GETMEIN! UK Last year the Belgian offices of Live Nation, Tele Ticket and politician and MP Vincent Van Quickenborne joined hands to push an anti-secondary ticket market legislation proposal through parliament. In 2009, a bill to 'ban by selling tickets at inflated prices " was presented in Belgium. It was signed by William-Frederick Schiltz (VLD), Sofie Staelraeve (Open VLD), Ludo Van Campenhout (Open VLD), Liesbeth Vander Auwera (CD & V), Jef Van den Bergh (CD & V), Dalila Douifi (Spa.a) Tinne and Vanderstraeten (Groen). Very similar to proposed legislation in The Netherlands, the resale of event tickets will still be allowed but it must be no higher than 10% of the original price on the ticket. The proposed law would also require that the original price on the ticket is stated. Moreover, it prohibits the offering of tickets for resale prior to the start of the original sale.Related Articles: Online ticket retailer Seatwave beats postal strike through HMV partnership Seatwave and UK music retailer, HMV, have joined up with Seatwave in launching an in-store music ticket box office. The partnership will allow customers to buy and sell tickets in HMV right up to the day of the event. Seatwave will also launch an online ticket exchange for HMV.
"We see a great... 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... About EU Ticket News EUTicket News Contributors
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EU Ticket News provides comprehensive B2B news coverage and market analysis for and about the European ticketing and events industries.
It features breaking news and opinion on the European ticketing and events markets – in addition to the... Hundreds of ticketing professionals attend 2nd annual Ticket Summit in New York City by Alfred Branch Jr.
An estimated 500 ticket brokers and other ticketing professional descended on the Waldorf=Astoria for Ticket Summit this week, where the attendees networked with their cohorts and learned what the future holds for the secondary ticket market.
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,... Vancouver Olympics close to launching authorized ticket resale Web site for 2010 Winter Games
Nearly five months after news of the resale Web site broke, the Vancouver Olympic Committee (VANOC) finally appears close to launching their own ticket resale site for the 2010 Winter Olympic Games.
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Similar to what happened with 