Ticketmasters Exclusive Deals Are the Cornerstone of Live Nations Monopoly, AEG Chief Jay Marciano Says in Internal Memo Variety

Image for article Ticketmasters Exclusive Deals Are the Cornerstone of Live Nations Monopoly, AEG Chief Jay Marciano Says in Internal Memo Variety

News Source : Variety

News Summary

Jay Marciano, CEO of AEG Presents, says Live Nation is a monopoly that likely will be broken up
“AEG has long maintained that Ticketmaster has a monopoly in the U
S
ticketing marketplace and uses that monopoly power to subsidize Live Nation’s content businesses, preventing other businesses from competing in those areas,” Marciano wrote in a memo

Live Nation is a monopoly that likely will be broken up as a result of the Department of Justices antitrust lawsuit filed last week, says Jay Marciano, CEO of AEG Presents, in an internal memo obtai [+5707 chars]

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