Update: Live Nation Entertainment Says Settled Antitrust Lawsuit With DOJ

MT Newswires Live

03/10

(Updates with sourcing from Live Nation throughout)

Live Nation Entertainment (LYV) said Monday it has settled its antitrust lawsuit with the US Department of Justice without an admission of wrongdoing.

The company said it does not owe the DOJ any financial compensation, but noted that it has established a $280 million settlement fund to address damages claimed by various states that were party to the lawsuit.

The 2024 lawsuit by the US Department of Justice had sought to break up Live Nation by forcing a sale of Ticketmaster, and accused the company of engaging in anticompetitive practices.

Under the settlement agreement, Live Nation said it will open its amphitheatres to all promoters, allowing them to decide how to distribute up to 50% of the tickets, capping ticketing service fees at 15%. The company will also divest its 13 exclusive booking agreements with amphitheaters across the country, it said.

Regarding ticketing, the company said Ticketmaster will provide both exclusive and non-exclusive proposals to all major concert venues.

The DOJ did not respond to MT Newswires' request for comment.

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The company will also divest its 13 exclusive booking agreements with amphitheaters across the country, it said.</p><p>Regarding ticketing, the company said Ticketmaster will provide both exclusive and non-exclusive proposals to all major concert venues.</p><p>The DOJ did not respond to MT Newswires' request for comment.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Update: Live Nation Entertainment Says Settled Antitrust Lawsuit With DOJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpdate: Live Nation Entertainment Says Settled Antitrust Lawsuit With DOJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-10 20:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> (Updates with sourcing from Live Nation throughout)</p><p><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> (LYV) said Monday it has settled its antitrust lawsuit with the US Department of Justice without an admission of wrongdoing.</p><p>The company said it does not owe the DOJ any financial compensation, but noted that it has established a $280 million settlement fund to address damages claimed by various states that were party to the lawsuit.</p><p>The 2024 lawsuit by the US Department of Justice had sought to break up Live Nation by forcing a sale of Ticketmaster, and accused the company of engaging in anticompetitive practices.</p><p>Under the settlement agreement, Live Nation said it will open its amphitheatres to all promoters, allowing them to decide how to distribute up to 50% of the tickets, capping ticketing service fees at 15%. The company will also divest its 13 exclusive booking agreements with amphitheaters across the country, it said.</p><p>Regarding ticketing, the company said Ticketmaster will provide both exclusive and non-exclusive proposals to all major concert venues.</p><p>The DOJ did not respond to MT Newswires' request for comment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0786609619.USD","symbol_name":"高盛全球千禧一代股票组合Acc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618958747","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618958747","pubTimestamp":1773147165,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The company will also divest its 13 exclusive booking agreements with amphitheaters across the country, it said.Regarding ticketing, the company said Ticketmaster will provide both exclusive and non-exclusive proposals to all major concert venues.The DOJ d","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4108":"电影和娱乐","BK4588":"碎股","BK4585":"ETF&股票定投概念","LYV":"Live Nation Entertainment"},"translate_title":"更新：Live Nation Entertainment表示已与司法部就反垄断诉讼达成和解","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYV":1.5},"content_text":"(Updates with sourcing from Live Nation throughout)Live Nation Entertainment (LYV) said Monday it has settled its antitrust lawsuit with the US Department of Justice without an admission of wrongdoing.The company said it does not owe the DOJ any financial compensation, but noted that it has established a $280 million settlement fund to address damages claimed by various states that were party to the lawsuit.The 2024 lawsuit by the US Department of Justice had sought to break up Live Nation by forcing a sale of Ticketmaster, and accused the company of engaging in anticompetitive practices.Under the settlement agreement, Live Nation said it will open its amphitheatres to all promoters, allowing them to decide how to distribute up to 50% of the tickets, capping ticketing service fees at 15%. 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