Comments on: UPDATE: Ticketmaster, Live Nation Announce $2.5 Billion Merger Into Live Nation Entertainment

By: Dave B.

Dave B. — Tue, 17 Feb 2009 21:31:22 +0000

The DOJ should nip this in the bud. Why would the FCC waste so much time slowing down the Sirius/XM merger when this is the real deal. Ironically, this is Clear Channel's 'Live Nation' brand. Clear Channel was trying to block Sirius/XM along with the NAB. Now Clear Channel has such a stained rep, they have rebranded as 'Live Nation'. Ticketmaster has already swallowed up small Internet ticket companies that gave a good value (1 to 2 dollar ticket fees). Ticketmaster always overcharged for ticket fees and they now have the legal scalping site to suck more money off the music fans. I don't go to any more concerts as they are a total ripoff. Higher prices, especially in this economy will spell doom for stockholders of Clear Channel/LiveNation.

By: Gary

Gary — Wed, 11 Feb 2009 18:40:00 +0000

The Kings of Authorized Scalping … consumers can't buy tickets to the most desirable shows now because LN always "sells out," except you seem to be able to still buy tickets to those sold out shows from LN at 10 times the price on their website … DOJ should inisist they cannot have ticket after-market sales for their own shows.

By: Scott

Scott — Wed, 11 Feb 2009 04:56:14 +0000

So the monopoly just got bigger….NICE!

By: Ron Mwangaguhunga

Ron Mwangaguhunga — Wed, 11 Feb 2009 02:32:08 +0000

"Rapino also said that the combined company would be able to increase attendance at live events, but outside of additional marketing muscle, it’s unclear how fans would suddenly start buying more tickets just because the two companies are now one. And Rapino didn’t elaborate." And does the immediate future with the economy in terrible repair and unemployment rising sound like a good forecast for concertgoing ventures?

By: jenkins

jenkins — Tue, 10 Feb 2009 21:13:02 +0000

Another failed IAC property bites the dust.