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CD267: The Monopoly Powers of Live Nation/Ticketmaster

Congressional Dish

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The Importance of a Concert Promoter

In 1995, the Justice Department closed their investigation into Ticketmaster without having done a damn thing about the problem. A decade and a half later when LiveNation announced their intention to buy Ticketmaster, it was investigated as a possibly illegal merger by the Department of Justice. Here's testimony from 2009 in a Senate Judiciary Committee hearing examining the merger before it happened. This clip is Seth Hurwitz, who was the co-owner of IMP Productions, a concert promoter and competitor to LiveNation.

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