Showing posts with label merger and acquisition. Show all posts
Showing posts with label merger and acquisition. Show all posts

Wednesday, February 11, 2009

TicketMaster, Live Nation to merge

TicketMaster and Live Nation will merge unless the White House decides the merger would violate anti-trust legislation. I'm not familiar with Live Nation since I rarely attend concerts. But I have much experience with TicketShafter, as I call it, and I don't care for it at all. The fees are outrageous. There's a surcharge added to each ticket, plus a surcharge per order. The merged company will wisely drop the TicketMaster name. It will also hide the fees under a single price. This is what concerns me--I have long gone to box offices to save the ridiculous fees, and now it sounds like that won't be an option. I would still be able to purchase tickets at the box offices, but it may not save me any money.

Not a good situation for concert and sports fans.