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US v. Live Nation, Beyoncé Sample Suit, Graceland Foreclosure & More Top Music Law News
Live Nation antitrust case, Beyoncé lawsuit and more legal news in music including Elvis Presley's Graceland and a new Diddy sexual assault lawsuit.
Fourteen years after federal regulators allowed Live Nation and Ticketmaster to merge into a concert behemoth, the U.S. Department of Justice and dozens of states filed a long-awaited antitrust lawsuit last week that aims to effectively reverse that decision. While the DOJ had already launched its probe prior to the Swift incident, the debacle sparked widespread public anger that led to Congressional hearings, private antitrust lawsuits, and repeated calls to break up the company. In a lawsuit aimed at doing just that, the DOJ focused on what it called Live Nation’s “flywheel model” — an alleged cycle of reaping revenue from ticketbuyers, using it to sign artists into promotion deals, and then leveraging that repertoire to lock venues into exclusive ticketing contracts.
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