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Ticketmaster

Ticketmaster To Pay $10 To Fans It Redirected To Scalper Site

Oct 19, 2011 9:59 AM

Fans who purchased resold tickets to Bruce Springsteen, Miley Cyrus and other shows are set to receive a payout under the terms of a new settlement.

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Posted In: Entertainment, Legal, Regulatory, antitrust, bruce springsteen, class action, live nation, miley cyrus, ticketmaster, ticketsnow.com

Liberty Media Wants To Boost Stake In New Live Nation

Jan 26, 2010 1:00 PM

A day after the Ticketmaster-Live Nation (NYSE: LYV) merger got the green light from regulators, major shareholder Liberty Media (NSDQ: LINTA) is moving to boost its stake in the new company. Liberty Media, which already owns 14.6 percent of Live Nation Entertainment (via its previous stake in Ticketmaster), says it…

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Posted In: Legal, Money, M&A & Venture Capital, Mergers & Acquisitions, live nation, ticketmaster

U.S., Canadian Regulators Clear The Way For Live Nation, Ticketmaster Merger

Jan 25, 2010 3:24 PM

It’s taken nearly a year, but the U.S. Department of Justice has given the merger between Ticketmaster and Live Nation (NYSE: LYV). The new entity will be called Live Nation Entertainment. In addition to securing the go-ahead from the DOJ, the two ticket sales and events promoters have gotten the…

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Posted In: Entertainment, Legal, Regulatory, Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Comcast, IAC, live nation, ticketmaster

Report: DOJ Will Ask Live Nation, Ticketmaster For Major Concessions

Oct 15, 2009 10:46 PM

The UK Competition Commission has already ruled provisionally that the proposed merger of Live Nation (NYSE: LYV) and Ticketmaster would hurt competition. Now the Wall Street Journal is reporting, shock of shocks, that the U.S. Department of Justice isn’t thrilled either. Unidentified sources tell the Journal that DOJ wants some…

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Posted In: Entertainment, Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, live nation, ticketmaster

MySpace in Advanced Talks To Buy Music Recommender iLike

Aug 17, 2009 1:14 PM

MySpace is in advanced talks to buy music service iLike for about $20 million, according to Techcrunch, which cites unidentified sources. We have confirmed the talks, and that the deal is separate from its MySpace music venture. Our source says the price is likely to be higher than $20 million,…

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Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., MySpace, ilike, ticketmaster

Schumer Grills Azoff At Hearings On Live Nation Merger

Feb 24, 2009 5:45 PM

Well, it doesn’t look like Chuck Schumer is going to be taking any long vacations with Irving Azoff this year. In his opening remarks during Senate hearings on the Live Nation/Ticketmaster merger merger , Schumer “made no secret of my opposition to this merger,” saying it represented “monopolistic behavior plain…

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Posted In: Entertainment, Companies, IAC, chuck schumer, live nation, ticketmaster

Get Ready To Pay: What The Live Nation-Ticketmaster Merger Will Mean For Ticket Prices

Feb 11, 2009 3:38 PM

Now that the Live Nation-Ticketmaster combination has been announced, the question is how will the new company make enough additional money to justify the deal? Certainly, some people have speculated (including Bruce Springsteen, among others) that the answer is higher ticket prices—but how much higher? The Department of Justice will,…

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Posted In: Entertainment, Music, Media & Publishing, Events, live nation, ticketmaster

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

Feb 10, 2009 10:28 AM

There were reports that the two ticket vendors had merger plans, but now it’s official: Ticketmaster and Live Nation (NYSE: LYV) have announced the deal. It’s a tax-free, all stock merger with a combined value of approximately $2.5 billion, and the new entity will be called Live Nation Entertainment. The…

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Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, live nation, ticketmaster

Earnings
TicketMaster To Carry $750 Million In Debt; HSN and Interval To Have Net Debt As Well

Jun 23, 2008 10:28 PM

Back in May, when IAC released the first details of its five-way split, it said it would saddle the spincos with debt and that the proceeds would go back to New IAC (NSDQ: IACI). Other than that, it didn’t go deep into balance sheet specifics. On a call with analysts,…

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Posted In: Money, Earnings, Companies, IAC, ticketmaster

Cablevision & Ticketmaster In Deal To Acquire Majority In AEG Live; Includes Fuse TV: Report

Feb 28, 2008 8:26 PM

This was speculated by an NYP story earlier this week and now Billboard fleshes it out, though in a slightly different direction: troubled Cablevision (NYSE: CVC) is close to a deal to acquire 49 percent of AEG Live, the live music touring arm of Anschutz Entertainment Group…it is partnering with…

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Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, aeg live, ticketmaster

TicketMaster Acquiring UK Ticket Reseller Get Me In

Jan 28, 2008 10:39 PM

IAC-owned TicketMaster is acquiring UK-based ticket reseller Get Me In, according to WSJ. The acquisition is the company’s second such purchase this month, as it recently announced a $265 million deal for TicketsNow. TicketMaster’s move into a space dominated by StubHub has raised concerns that TicketMaster, by controlling new and…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, get me in, ticketmaster

Ticketmaster Buys TicketsNow For $265 Million

Jan 15, 2008 1:20 AM

Ticketmaster, in the process of being spun off as a separate company from parent Interactive Corp (NSDQ: IACI). has bought TicketsNow, the country’s second-largest site for reselling sports and concert tickets, for $265 million, reports WSJ. This means Ticketmaster will now compete head on with eBay-owned StubHub. Ticketmaster CEO Sean…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, ticketmaster

IAC to Split into Five Publicly Traded Companies

Nov 5, 2007 9:06 AM

IAC (NSDQ: IACI) is planning to split itself into five publicly traded companies. The new business will be: IAC (Ask.com, CitySearch, et. al.), HSN, TicketMaster, Interval International (vacations), and LendingTree. The move is expected to close in the second or third quarter of 2008. There will be an 11:00 AM…

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Posted In: Money, Companies, IAC, barry diller, hsn, interval international, lendingtree, ticketmaster

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