How Will Donald Trump’s Election Win Change the Music Industry?

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Will Donald Trump's election affect the music industry? And if so, how?

Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on Nov. 6, 2024 in West Palm Beach, Florida.will change the U.S. government, and the country itself, in ways that no one can yet predict. So far, though, it appears that the music industry will not be affected as dramatically as other businesses.

The most immediate music business issue before the government is the Department of Justice antitrust case against Live Nation Entertainment, which seeks to break up the company. Trump will appoint a new attorney general to replace, who runs the antitrust division. The future of the case will depend on Kanter’s replacement, and several music executives and antitrust experts said that it’s hard to predict how that person will proceed.

Several executives without direct knowledge of the matter speculated that, for optics reasons, the DOJ would be less likely to drop the case than to pursue a low-stakes settlement, but all of them made clear that there was no way to know.

 

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