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Ticketmaster’s Exclusive Deals Are ‘the Cornerstone of Live Nation’s Monopoly,’ AEG Chief Jay Marciano Says in Internal Memo
Live Nation is a monopoly that likely will be broken up as a result of the Department of Justice’s antitrust lawsuit, says AEG CEO Jay Marciano.
Live Nation is a monopoly that likely will be broken up as a result of the Department of Justice’s antitrust lawsuit filed last week, says Jay Marciano, CEO of AEG Presents, in an internal memo obtained by Variety. Following the DOJ filing, Live Nation issued several public comments in service of its ongoing strategy to maintain its dominance – unfairly blaming others for industry problems they have created, making false and misleading statements, and dismissing the significance of the case. Instead, let’s stay focused on continuing to execute at the highest level, and preparing for a future state of the industry: a world with more competition, more innovation, artist and consumer choice, lower ticketing fees, and more music.
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