Justice Department to hit concert promoter Live Nation with antitrust suit
Performers, politicians, scholars, rival promoters and other ticket sellers argue that Live Nation wields far too much power in the live entertainment industry.
Performers, politicians, scholars, rival promoters and other ticket sellers argue that Live Nation wields far too much power in the live entertainment industry.
The changes announced Thursday do not mean that company will eliminate the surcharges, but simply that the fees will be made clear to the consumer.
The legislation is meant to protect an individual’s right to sell or give his or her ticket to an event to someone else, should they choose to do so.
The entertainment promoter, which already manages the historic building and performance venue by Mass Ave, has a pending deal to buy it from the Murat Temple Association.
The $2.75 drop is meant to enhance the concert experience at Klipsch Music Center and The Lawn at White River State Park.
A naming-rights lawsuit brought by The Murat Temple Association against California-based event promoter Live Nation and Evansville-based
Old National Bank has been dismissed.
Beverly Hills, Calif.-based entertainment company says lease gives it the right to change venue’s name to Old National Centre.
The Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank
over a naming-rights deal announced March 16.
The Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the “Old National
Centre” in a three-year deal between the bank and Live Nation.
Group that owns downtown’s Murat Theatre is considering legal options to prevent the venue’s name from changing to Old National
Centre.
The century-old Murat Centre will be named the Old National Centre for the next three years. Event promoter Live Nation on
Tuesday put the new name in royal blue lettering above the marquee of the entertainment venue downtown.
The Justice Department imposed major conditions upon Live Nation and Ticketmaster in approving the companies’ merger, moves
that
Assistant Attorney General Christine Varney said would have the effect of lowering ticket prices.
Many people expected the 2007 season to be the swan song for Verizon Wireless Music Center after venue owner Live Nation put
the the popular amphitheater on the block in December. But no acceptable offers have been received, and several local brokers
say the unofficial asking price of more than $40 million is outrageous.