Monday, January 25, 2010

Ticketmaster and Live Nation Get Approval To Merge

Ok...this isn't exactly new news, but the actual approval for this merger came through today. Expect astronomical fee-related porkings.

Read about it here:

After months of scrutiny, the United States Department of Justice announced on Monday that it had approved a merger of Ticketmaster Entertainment and Live Nation, creating a giant new company that could reshape almost every aspect of the live entertainment business.

The new company, to be called Live Nation Entertainment, would dominate touring, management and ticketing...

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