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Live Nation & Ticketmaster Close To Merger

Posted By on February 4, 2009

    Live Nation and Ticketmaster are close to a huge merger. The combined company, Live Nation Ticketmaster, will bring together 200 major artists (including Jay-Z and Madonna) joining the most dominant ticketing and artist-management company with the largest concert promoting company.
  
    If the merger goes through, Live Nation Ticketmaster would be able to control every aspect of the business from recorded music to ticket sales. It could bring packaged deals allowing artists to be promoted in new ways like allowing cellphone companies to sponsor a tour and sell the artists music exclusively.