After the Live Nation monopoly verdict, artists say its time for real change
News Source : NPR
News Summary
- Live Nation owns, operates or works with hundreds of venues across the U.S.
- It also manages artists, promotes concerts, books tours and owns Ticketmaster.
- Live Nation issued a statement saying the verdict "is not the last word on this matter" The company said it plans to appeal any "unfavorable rulings" Several artists and organizers NPR spoke with say they don't expect to see any immediate changes in the live music industry — but they see this is a first step in the right direction.
On Wednesday, a federal jury found that Live Nation engaged in anticompetitive practices that stifle competition and harm the live music industry. The verdict marked a major victory for more than two [+8969 chars]
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