
Live Nation & Ticketmaster Trial Continues Despite Justice Dept Settlement
About this episode
Antitrust trial against Live Nation and Ticketmaster resumes in New York federal court, with thirty-six states plus the District of Columbia pushing forward. States argue the companies dominate the live events industry, jacking up prices for fans. Testimony continues with grilling of AEG Presents top executive, Jay Marciano. Arkansas, Nebraska, and South Dakota settle and exit the case. Defense claims the live events world is complex, with various parties calling the shots on prices and sales. Justice Departments deal criticized as too weak by many states.
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Durham News Today | 2 Min News | The Daily News Now! — Live Nation & Ticketmaster Trial Continues Despite Justice Dept Settlement. Machine-transcribed; use the interactive transcript above to jump the player to any line.
This is Cory with the story, and here's what is making news across Durham right now. The anti-trust trial against live nation and ticket master kicked back into gear on Monday in a New York federal court. A week after the Justice Department settled its claims and bowed out, 36 states plus the District of Columbia are still pushing forward with their case. Earlier this week, things look shaky when the states asked for a mistrial over the federal settlement. After some back and forth negotiations urged by the judge, they dropped that request and the trial resumed as planned. The states argue that live nation and ticket master squash competition through threats and retaliation, letting them dominate everything from concert, promotion to ticketing and jack-up prices for fans. Testimony picked up with lawyers for the state's grilling Jay Marciano, the top executive at AEG presents Live Nation's biggest rival. The judge also noted that Arkansas, Nebraska, and South Dakota had settled and were out
of the case. Meanwhile, the defense insists the live events world is way more complex, with artists, sports teams and venues calling the shots on prices and sales. The Justice Department's deal includes promises to let rival ticketers in and ease prices, but many states slammed it as too weak. The Daily News Now is powered by our sponsor, Link in the Description. Press Play. Put your head down. The sound is already there. S-O-L-I, solelypillow.com.
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