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Live Nation Faces Risk of Break Up Amid Fan Backlash
Original: The Live Nation Empire That Music Fans Hate is at Risk of a Break Up
Live Nation, the world's largest concert promoter and owner of Ticketmaster, is reportedly at risk of being broken up, according to Bloomberg reporting. The company has long faced criticism from music fans over high ticket fees, market dominance and handling of major ticket sales, fueling antitrust scrutiny in the United States. A split of the entertainment giant would mark one of the biggest shake-ups in the live music industry.
Why now: Reports that the dominant live music company could be forced apart due to antitrust pressure and long-standing fan resentment.
Live NationTicketmasterBloomberg
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