For artists, the Live Nation trial is just one piece of a difficult touring ecosystem
News Source : NPR
News Summary
- Live Nation reached a settlement with the Department of Justice just one week into its highly anticipated antitrust trial.
- Thirty-three states and the District of Columbia are still moving forward with the case.
- Artists say Live Nation's alleged dominance in touring and ticketing is just one aspect of much larger concerns they have about the state of the industry.
- Independent venue closures, social media algorithms, streaming royalties and the rise of generative AI have contributed to a wider ecosystem that artists say is becoming increasingly difficult for working musicians to weather.
Last month Live Nation, one of the largest live entertainment companies in the world, unexpectedly reached a settlement with the Department of Justice just one week into its highly anticipated antitr [+10704 chars]
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