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Ticketmaster Hit With $300M Settlement, Must Sell Venues

The DOJ struck a deal with Live Nation/Ticketmaster. Nearly $300 million to the 40 states that sued over inflated ticket prices, plus they have to sell off a chunk of their amphitheater portfolio. This is a real hit. Live Nation has operated as an untouchable monopoly for years, controlling the venues, the ticketing, and the artists. Forcing asset sales is the first thing that actually threatens the structure, not just the bank account.
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