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Live Nation is an American events promoter and venue operator based in Beverly Hills, California.Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster.
Live Nation, the largest concert promoter, and Ticketmaster Entertainment, the No. 1 ticket seller, announced merger on February 10, 2009. Then on January 25, 2010 the U.S. Department of Justice approved the merger with terms that include that Ticketmaster sell Paciolan, its ticketing and software services unit, to Comcast's sports and ...
Live Nation Entertainment's artist management arm, called Artist Nation, is included within its concerts division [48] [16] and also includes Front Line Management and Roc Nation. [49] Live Nation Entertainment owns and operates hundreds of venues globally. [3] The company sells tickets to live events through Ticketmaster. [16]
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The case settlement was approved in 2015 and Ticketmaster issued vouchers and discount codes to fans who purchased tickets online between 1999 and 2013. [ 77 ] [ 78 ] In a related case, Ticketmaster filed suit against its liability insurance carrier, Illinois Union Insurance Company, a subsidiary of ACE Limited , in 2010 for failing to aid in ...
The tour visited stadiums and arenas in the United States, and it became the largest grossing tour of 1981 with $50 million in ticket sales. Roughly 2,5 million concert goers attended the concerts, setting various ticket sales records. [1] The 5 December show in New Orleans set an indoor concert attendance record which stood for 33 years.
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