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US moves to break up biggest music company in Australia after Taylor Swift fiasco

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Live Nation’s controversial merger with Ticketmaster has been under the microscope since fans struggled to buy tickets for Taylor Swift’s massive Eras tour.

The US justice department plans to file an antitrust lawsuit against Live Nation, the parent company of Ticketmaster, as soon as Thursday , according to four people familiar with the matter who spoke on the condition of anonymity to describe the case before it becomes public.

Ticketmaster mishandled sales in 2022 for Taylor Swift’s Eras Tour, sparking widespread outcry. Swift is pictured at the MCG in Melbourne in February.Federal officials plan to file the case in a New York federal court alongside dozens of state attorneys general, one of the sources said. The move would cap a probe that first registered vast public interest after Ticketmaster mishandled sales in 2022 for Taylor Swift’s Eras Tour, sparking widespread outcry.

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US moves to break up biggest music company in Australia after Taylor Swift fiascoLive Nation’s controversial merger with Ticketmaster has been under the microscope since fans struggled to buy tickets for Taylor Swift’s massive Eras tour.
Fuente: brisbanetimes - 🏆 13. / 67 Leer más »