Ticketmaster, Live Nation Consider Merging, Destroying Concertgoing Forever
The two companies most responsible for making your next live entertainment experience a financial disaster may announce a merger as early as this week, reports Reuters and the WSJ. If it goes ahead, the new company will apparently call itself Live Nation Ticketmaster, not “Satan’s Boxoffice” as one might expect. The merger will raise antitrust issues, but if Sirius/XM has taught us anything, it’s that those issues can be ignored at the expense of consumer choice and pricing.
“Ticketmaster, Live Nation in merger talks” [Reuters] (Thanks to WeSeed!)
(Photo: Anirudh Koul)