Live Nation to buy Ticketmaster

rockuboff:

“The combined company will be called Live Nation Entertainment, and sell more than 150 million concert tickets a year, promote 22,000 concerts annually, and own more than 140 venues globally. It will also handle more than 200 big name artists including Madonna, Jay-Z, Miley Cyrus and the Eagles.”

“The deal, which the companies called a merger of equals, will create a company with an enterprise value of $2.5 billion including debt.”

Shit.

Ehh, this can’t be good…

  1. eamon reblogged this from marco and added:
    no. I have pretty much given up on...big shows with all
  2. midoriw reblogged this from marco
  3. artistspaid reblogged this from marco
  4. marco reblogged this from rockuboff and added:
    negative surprise. But why is there any surprise here? The big-name...venue/ticket...
  5. jayson reblogged this from rockuboff and added:
    — Ehh, this can’t
  6. publiccommunication reblogged this from rockuboff
  7. rockuboff posted this