Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
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The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
A landmark federal antitrust trial against Ticketmaster's parent company, Live Nation, got underway this week with the first witness testifying on Wednesday. Antitrust attorney Kenneth Dintzer was in the courtroom and joins "The Daily Report" to discuss.
Regulators allege Ticketmaster used deceptive pricing and sales tactics, costing consumers billions of dollars.
Live Nation says it will invest $1 billion to build 18 new concert venues across the U.S., including in some smaller American cities.
Why are concert tickets so expensive and so frustratingly hard to get? Brook Silva-Braga spent a year talking to artists, fans, scalpers, and executives from Ticketmaster and StubHub in search of answers.
A watchdog agency in the U.K. is launching an investigation into the way more than 1 million tickets were sold for Oasis' reunion tour happening next year in the U.K. and Ireland. Fans waited in hours-long virtual lines and many say they ended up paying more than double the advertised price.
The Britpop-era behemoth led by brothers Noel and Liam Gallagher sent fans into a frenzy when they announced they would play together for the first time in 15 years.
Last week, Ticketmaster confirmed it was hacked. The group claiming to be behind the breach said it stole the data of some 560 million customers and offered to sell those details for half a million dollars on the dark web. CBS News reporter Zak Hudak has more.
A notorious hacking group claims it has stolen names, addresses, phone numbers and partial credit card details from half a billion Ticketmaster customers, putting it up for sale for half a million dollars. CBS News senior business and tech correspondent Jo Ling Kent has more.
The hacking group "Shiny Hunters" claims it has the personal information of about 560 million Ticketmaster and Live Nation customers. CBS News has not verified the data breach, and both Ticketmaster and its parent company, Live Nation, have not commented.
A notorious cybercriminal group claims to have stolen personal data for 560 million Ticketmaster users. Here's what to know.
Australia is investigating a potential Ticketmaster data breach affecting over half a billion users. Those behind the attack are said to be offering the data for $500,000 on the dark web. CBS News homeland security and justice reporter Nicole Sganga brings us the latest details.
Hacking group ShinyHunters claims it breached events giant Ticketmaster and stolen the details of 560 million customers.
The Justice Department filed a federal lawsuit accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry.
The Justice Department on Thursday filed an antitrust lawsuit against Ticketmaster and its parent company Live Nation, accusing the concert giant of running an illegal monopoly and driving up prices. The lawsuit, which seeks to break up Live Nation, also accuses it of retaliating against venues that work with rivals, and blocking venues from using other ticket outlets. Meg Oliver has details.
The Justice Department announced Thursday it is suing Ticketmaster and Live Nation, accusing them of monopolizing the live entertainment industry. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the claims.
The Department of Justice and several states are suing Ticketmaster and its parent company Live Nation for allegedly monopolizing the live entertainment industry. CBS News' Nicole Sganga reports.
Attorney General Merrick Garland announced Thursday an antitrust lawsuit against Ticketmaster and its parent company Live Nation. The Justice Department is accusing them of illegally monopolizing the live entertainment industry to the detriment of concertgoers and artists alike.
Gov. Tim Walz on Tuesday signed a ticket transparency bill aimed at protecting music fans when they buy tickets for shows.
In the wake of Taylor Swift ticketing problems, U.S. lawmakers say they'd support new limits on how much money can be made off ticket resales.
Critics say the government is failing to enforce a law that could protect ticket buyers. National consumer correspondent Ash-har Quraishi follows Taylor Swift fans as they fight to change the ticketing industry.
President Trump warned he could order new strikes if Iran's leaders "don't behave." The U.S. and Iran signed the memo of understanding remotely, a White House official said.
Jamie McDonald, a partner at the firm Sullivan & Cromwell, is President Trump's choice to helm one of the nation's most prestigious federal prosecutors' offices.
The Senate canceled Jay Clayton's confirmation hearing on Wednesday after President Trump's move to delay the installation of the new intelligence chief.
The Obama-era Iran deal was packed with technical details and specific requirements limiting, but not shutting down, Iran's nuclear program. President Trump's new agreement is more of a framework, and it's not final yet.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
Jackson Lahmeyer had been backed by President Trump, although the president dropped his endorsement shortly before Lahmeyer dropped out.
The agreement, as read by senior U.S. officials, allows Iran to immediately begin exporting oil and petroleum products.
Confirmed tornadoes were reported in Illinois and Iowa Wednesday as severe weather brought the risk of thunderstorms and prompted a flurry of tornado warnings for a large swath of the Midwest.
Ukraine intelligence indicates the country's stepped up drone strikes are forcing Russia to burn through interceptor missiles, possibly faster than it can build new ones.
Confirmed tornadoes were reported in Illinois and Iowa Wednesday as severe weather brought the risk of thunderstorms and prompted a flurry of tornado warnings for a large swath of the Midwest.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
Jamie McDonald, a partner at the firm Sullivan & Cromwell, is President Trump's choice to helm one of the nation's most prestigious federal prosecutors' offices.
Jackson Lahmeyer had been backed by President Trump, although the president dropped his endorsement shortly before Lahmeyer dropped out.
U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.
U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.
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The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
The Obama-era Iran deal was packed with technical details and specific requirements limiting, but not shutting down, Iran's nuclear program. President Trump's new agreement is more of a framework, and it's not final yet.
Jamie McDonald, a partner at the firm Sullivan & Cromwell, is President Trump's choice to helm one of the nation's most prestigious federal prosecutors' offices.
Jackson Lahmeyer had been backed by President Trump, although the president dropped his endorsement shortly before Lahmeyer dropped out.
The agreement, as read by senior U.S. officials, allows Iran to immediately begin exporting oil and petroleum products.
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Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
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The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
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The Obama-era Iran deal was packed with technical details and specific requirements limiting, but not shutting down, Iran's nuclear program. President Trump's new agreement is more of a framework, and it's not final yet.
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The Long Island architect who lived a secret life as the Gilgo Beach serial killer was sentenced to life in prison without parole on Wednesday. Former Suffolk County Police Commissioner Rodney Harrison, who formed the task force that ultimately led to Rex Heuermann's arrest, joins with analysis.
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Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
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