Live Music Experts Weigh In on DOJ’s Live Nation Suit: ‘We Have an Industry to Save’

  • 📰 billboard
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

At the NIVA conference in New Orleans, live music experts spoke about the DOJ lawsuit against Live Nation, predicting it will take years to play out.

Ticket Tyranny: The Unseen Grip of Market Dominance panel at the NIVA ’24 conference in New Orleans on June 4.Live music experts are anticipating the antitrust lawsuit brought by the U.S. Department of Justice against Live Nation to take years to resolve, given the wide scope of the claims against the concert giant and the various stakeholders in the live music ecosystem.

Unlike the consent decree that Live Nation has been under since the merger, which was designed to prevent the company from abusing its position,, director of Washington D.C.-based nonprofit organization Future of Music Coalition, told the audience that he believes the DOJ lawsuit is focusing on the correct parties impacted by the alleged monopoly: the artists, venues and fans.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 112. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Live Nation a Rare Winner as Music Stocks Have Tough WeekLive Nation was the top music stock for the week's Billboard Global Music Index, rising 2.5% to $97.02 and one of four stocks in positive territory.
Källa: billboard - 🏆 112. / 63 Läs mer »