SAN DIEGO, May 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors inNYSE: LYV shares against Live Nation Entertainment, Inc. Investors, who purchased Live Nation Entertainment, Inc. (NYSE: LYV) shares in 2021 or earlier and continue to hold any of thoseNYSE: LYV shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554. On August 04, 2023, a lawsuit was file ...

WASHINGTON, DC - JANUARY 24: Amy Edwards demonstrates against the live entertainment ticket industry ... [+] outside the U.S. Capitol January 24, 2023 in Washington, DC. The Senate Judiciary Committee is holding a hearing this morning to explore whether the merger of Live Nation and Ticketmaster has stifled competition and harmed the consumer marketplace. (Photo by Drew Angerer/Getty Images) Getty Images On May 23, the U.S. Department of Justice filed a lawsuit against Live Nation Entertainment Live Nation ...

Live Nation and its Ticketmaster business are reportedly facing a consumer antitrust lawsuit that comes on the heels of a suit filed by the Justice Department. The consumer suit is the first of what’s likely to be many such suits, because they often follow legal action taken by U.S. or state attorneys general, Reuters reported Friday (May 24). Like the Justice Department lawsuit, the consumer suit accuses Live Nation of exerting monopoly control over its industry, according to the report. The consumer suit ...

文章核心观点 - Live Nation是一家成功的综合性音乐公司,涵盖了演出策划、艺人经纪、场馆运营、票务销售等多个业务环节 [1][3][4] - Live Nation的成功源于其对音乐行业未来发展的准确预判,并通过积极并购等方式抢占先机 [4][5] - 司法部指控Live Nation存在垄断行为,但这实际上是因为Live Nation比竞争对手更好地把握了行业发展趋势 [5][6][7][9][10] 公司相关 - Live Nation是一家综合性音乐公司,涵盖演出策划、艺人经纪、场馆运营、票务销售等多个业务环节 [1][3] - Live Nation的成功源于其对音乐行业未来发展的准确预判,并通过积极并购等方式抢占先机 [4][5] - 司法部指控Live Nation存在强迫艺人使用其自有的演出策划服务的垄断行为,但这实际上是因为Live Nation比竞争对手更好地把握了行业发展趋势 [8][9][10] 行业相关 - Live Nation的成功源于其对音乐行业未来发展的准确预判,并通过积极并购等方式抢占先机 [4][5] - 司法部指控Live Nation存在垄断行为,但这实际上是因为Live Nation比竞争对手更好地把握了行业发展趋势 [5][6][7][9][10] - Live Nation的垂直整合战略是顺应行业发展的必然选择,得到了市场的欢迎 [10]

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Live Nation Entertainment (NYSE:LYV) stock is in the news Friday after the price target for the company’s shares was cut by Oppenheimer analyst Jed Kelly. Live Nation Entertainment stock was hit with a price target drop from $120 per share to $110 per share. That still represents a potential upside of 17.7% over its prior closing price. However, it is below the analysts’ consensus price prediction of $116.42 per share. Despite the price target cut, the Oppenheimer analyst maintains the firm’s “Outperform” r ...

BENSALEM, Pa., May 23, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that it has commenced an investigation of potential claims against the board of directors of Live Nation Entertainment, Inc. ("Live Nation" or the "Company") (NYSE: LYV) concerning whether the board of directors breached its fiduciary duties to Live Nation shareholders. If you still hold Live Nation shares purchased before November 2023, have information or would like to learn more about this matter, or have any questions c ...

UPDATE: This article has been updated with a photo from the DOJ news conference, the latest stock price information and a stock price chart. Key Takeaways The U.S. Department of Justice on Thursday announced an antitrust lawsuit against Ticketmaster parent Live Nation Entertainment. The DOJ accuses Live Nation of threatening and retaliating against venues and artists for choosing ticket providers other than its subsidiary Ticketmaster. To remedy the situation, the DOJ is seeking to break up Live Nation Ente ...

Key Takeaways The U.S. Department of Justice on Thursday announced an antitrust lawsuit against Ticketmaster parent Live Nation Entertainment. The DOJ accuses Live Nation of threatening and retaliating against venues and artists for choosing ticket providers other than its subsidiary Ticketmaster, a condition the companies had to agree would not happen before their 2010 merger was approved. Live Nation has repeatedly denied allegations that it has monopoly power, saying Ticketmaster's fees are no higher tha ...

文章核心观点 - 美国司法部(DOJ)起诉Live Nation公司及其子公司Ticketmaster,指控其垄断了现场娱乐行业 [1][2] - Live Nation公司与Ticketmaster在2010年合并,通过Ticketmaster控制了约80%以上的大型场馆的主要票务业务 [2][12] - Ticketmaster长期以来一直让粉丝和艺人感到沮丧,因为存在隐藏费用、价格上涨和票源有限等问题 [4][5][6][7] - 美国总统拜登的反垄断执法机构采取了更加积极的方式,试图在各行各业创造更多竞争 [8][9][10][11] 行业概况 - Live Nation公司直接管理400多位音乐艺人,控制了约60%的主要场馆的演出策划业务 [12] - Live Nation公司拥有或控制了北美265多家演出场馆 [12] - 2010年,司法部批准了Ticketmaster与Live Nation的合并,但设置了一些条件以防止损害竞争 [13] - 2020年,由于Ticketmaster报复选择使用其他票务公司的场馆和场地,司法部延长了对这一合并的监管至2025年 [14] 公司回应 - Live Nation公司表示会为自己辩护,称DOJ的指控是毫无根据的,因为它忽视了现场娱乐行业的基本经济规律 [3][17] - Live Nation公司表示,DOJ的诉讼不会解决粉丝关心的票价、服务费和获取热门演出门票的问题 [16] - Live Nation公司称,将在法庭上败诉DOJ,因为大部分服务费都流向了场馆 [17]