Live Nation and Ticketmaster To Merge

[suprefan]

This is going to be ridiculous when it goes down.

http://www.marketwatch.com/news/stor...%7D&dist=msr_1

SAN FRANCISCO (MarketWatch) -- Ticketmaster Entertainment Inc. and Live Nation Inc. are considering a merger in a deal that would consolidate two of the most powerful forces in the music industry, according to a media report late Tuesday.

The online edition of The Wall Street Journal, citing unnamed sources, reported that the new, combined company would be called Live Nation Ticketmaster, and would bring together the world's largest concert promoter with the world's dominant "ticketing and artist-management" company.
The boards of both companies have yet to approve the deal, which is likely to require a review by antitrust authorities, according to the report.
The merger would not involve exchange of any cash and could be announced as early as next week, the report said.

Ticketmaster handles the affairs of roughly 200 major acts, including The Eagles and Miley Cyrus.
The West Hollywood, Calif.-based company has a market capitalization of roughly $351.3 million.
Shares of Live Nation have fallen more than 50% in the past three months, closing Tuesday at $4.99. The Beverly Hills, Calif.-based company has a market capitalization of roughly $390.2 million.

John Letzing is a MarketWatch reporter based in San Francisco.

[ThomThom]

Just when you thought it was safe... Fucking ticketmaster.

[PassiveTheory]

This would be the death of AEG. Fuck monopolies.

[indietron]

Crap

[DRcube]

do we still get to keep the gigantic tickets?

[suprefan]

Maybe

[Mr. Dylanja]

Just when you thought it was safe... Fucking ticketmaster.

This is siggable.

[woogie846]

I don't even want to think about the fees and tickets prices...

[karecares]

i hope this does not get approved but it probably will, i hate ticketmaster and my reliance on them like a fucking drug dealer

[ThomThom]

This is siggable.

Your mother is siggable.

[kitt kat]

WUT. Didn't LiveNation JUST break off from using Ticketmaster?

TICKETBASTARD.

[Mr. Dylanja]

Your mother is siggable.

This is beautiful.

[Memorial_07]

Fuckin' A are you joking?


just let them compete with each other so the world remains in its normal state

[Sushov23]

OMGZ, supre, the bamboozleleft has Thrice playing. Are you going? let me know how it goes.

[suprefan]

WUT. Didn't LiveNation JUST break off from using Ticketmaster?

TICKETBASTARD.

Yeah, but a lot went down behind the scenes last year which infact ended up being the play for this to go down. LN made the move now cause TM didnt want to wait.

OMGZ, supre, the bamboozleleft has Thrice playing. Are you going? let me know how it goes.

Not even gonna talk about that one either.

[luckyface]

TM must have seen the obscene LN was charging and fell in love.

[suprefan]

Other way around.

[Mister DVNO]

Welcome to the era where the convenience fee is more than the ticket price.

[Ardentbiscuit]

Wow talk about the concert goer F over of the century.

Ticketmaster and Live Nation were in a competition to see who could rip off concert goers for the most fees. I guess it was a draw so they decided to try to merge.

[BlackSwan]

This has evil written all over it.

[Aurgasm]

looks like ill be getting a new job

[suprefan]

This has evil written all over it.

Blame Azoff and Rapino.

[BlackSwan]

Blame Azoff and Rapino.

I think I'm going to be completely illogical and blame Obama.

[luckyface]

Other way around.

Have you seen how much LN is charging? I think their fees might be even higher.

[Aurgasm]

Expect more add on fee bs...

plenty of these ***********

*porta potie fee
*homeland security fee
*random insurance fee
*feee
*feeeeeeeee

[dorkfish]

so these ugly huge LiveNation tickets will become collectables?

[MissingPerson]

I swear to Christ, Ticketmaster is the early stage of Skynet.

I'd kinda like to see them somehow merge with Merge, just so I could chuckle at my own mild confusion when I'd hear the announcement.

[Memorial_07]

Really?

I always felt like LiveNation was Skynet ever since they signed with U2 last year

[suprefan]

I think I'm going to be completely illogical and blame Obama.

Nice, but you do know what Im talking about at least.

[gaypalmsprings]

it's the economy