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Live Nation verdict prompts artists to seek industry change
Summary
A federal jury found Live Nation engaged in anticompetitive practices, and Live Nation says it will appeal while several court motions remain pending.
Content
A federal jury found that Live Nation engaged in anticompetitive practices that affected competition in the live music industry. The case was brought by more than two dozen states and the District of Columbia. Live Nation operates venues, promotes concerts, manages artists and owns Ticketmaster. The company has said the verdict "is not the last word on this matter" and indicated it will pursue appeals and await rulings on several pending court motions.
Key facts:
- A federal jury concluded that Live Nation used practices that stifled competition in the live music market.
- Live Nation responded that it will seek further legal review and that several motions remain before the judge.
- Artists, organizers and venue groups told NPR they expect no immediate changes but view the verdict as an important development for competition and for struggling independent venues and performers.
Summary:
The jury decision is a significant legal finding against Live Nation with potential implications for competition and small music scenes, though those effects are not immediate. The next procedural steps include rulings on pending motions by the judge and any appeal Live Nation may file.
