Live Nation/Ticketmaster Merger: How Would it Affect Musicians and Consumers?
Concert ticket giant Ticketmaster and the world’s largest concert promoter, Live Nation have proposed a merger that would see many music industry services — ticketing, promotion, venues and artist representation — combined in one company. On February 24, 2009, the U.S. Senate Judiciary Committee held a hearing on the matter that included representatives from both Ticketmaster and Live Nation, as well as the independent promotions/ticketing and public interest sectors. The House Judiciary Committee took up the issue on February 26, 2009. In the interest of providing a balanced look at the possible pros and cons of the proposal, FMC solicited statements from experts on both sides of the debate, which are included here.
Concert ticket giant Ticketmaster and the world’s largest concert promoter, Live Nation have proposed a merger that would see many music industry services — ticketing, promotion, venues and artist representation — combined in one company. On February 24, 2009, the U.S. Senate Judiciary Committee held a hearing on the matter that included representatives from both Ticketmaster and Live Nation, as well as the independent promotions/ticketing and public interest sectors. The House Judiciary Committee took up the issue on February 26, 2009.
In the interest of providing a balanced look at the possible pros and cons of the proposal, FMC solicited statements from experts on both sides of the debate, which are archived below.
A more detailed explanation of this project can be found on the FMC blog.
Statements and Letters from Stakeholders [PDF] Albert A. Foer President, American Antitrust Institute Peter Jenner Manager of Billy Bragg and Emeritus President of the International Music Managers Forum Michael A. Einhorn, Ph.D. Professor, Silberman School of Business; former member of the Antitrust Division at the U.S. Department of Justice. [Van Halen, Journey and Seal statements provided by representatives from Ticketmaster/ Front Line Entertainment]
Miscellaneous Statements and Opinions Knowledge Ecology International Bob Lefsetz, Music Industry Pundit, author, the Lefsetz Letter |
Witness Testimony from Senate Judiciary Committee Hearing Irving Azoff CEO Ticketmaster Entertainment, Inc.
Witness Testimony from House Judiciary Committee Hearing Robert W. Doyle, Jr. Partner, Doyle, Barlow & Mazard, PLLC Peter A. Luukko President & COO Comcast-Spectacor Ed Mierzwinski Consumer Program Director, U.S. PIRG, the Federation of Public Interest Research Groups, Washington, DC |
Attachment | Size |
---|---|
LNTM_AAIanalysis.pdf | 244.9 KB |
LNTM_EddieWolfgangVanHalenletter.pdf | 122.64 KB |
LNTM_Einhornstatement.pdf | 93.69 KB |
LNTM_InTicketingstatement.pdf | 35.11 KB |
LNTM_Jennerstatement.pdf | 31.08 KB |
LNTM_Journeyletter.pdf | 128.92 KB |
LNTM_Sealletter.pdf | 160.67 KB |