Live Nation and Ticketmaster may merge: WSJ
Started by Mr. Roboto, Feb 04 2009 01:32 AM
8 replies to this topic
#1
Posted 04 February 2009 - 01:32 AM
SAN FRANCISCO (MarketWatch) -- Ticketmaster Entertainment Inc. and Live Nation Inc. are considering a merger in a deal that would consolidate two of the most powerful forces in the music industry, according to a media report late Tuesday.
The online edition of The Wall Street Journal, citing unnamed sources, reported that the new, combined company would be called Live Nation Ticketmaster, and would bring together the world's largest concert promoter with the world's dominant "ticketing and artist-management" company.
The boards of both companies have yet to approve the deal, which is likely to require a review by antitrust authorities, according to the report.
The merger would not involve exchange of any cash and could be announced as early as next week, the report said.
Ticketmaster handles the affairs of roughly 200 major acts, including The Eagles and Miley Cyrus.
John Letzing is a MarketWatch reporter based in San Francisco.
"It was like I was in high school again, but fatter."
#6
Posted 04 February 2009 - 04:42 PM
I long for the days when you could camp out for a couple of days and get front row. The last show that I camped out for was a '91 GnR show... 23rd in line.
Now I just camp out online for about five minutes before tix go on sale. And I never get front row.
Sister burn the temple
And stand beneath the moon
The sound of the ocean is dead
It's just the echo of the blood in your head
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