Picture of Live Nation Entertainment logo

LYV — Live Nation Entertainment News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

US Senate committee to hold ticket pricing hearing with Kid Rock, Live Nation exec

WASHINGTON, Jan 21 (Reuters) - A U.S. Senate Commerce panel will hold a hearing next week on efforts to crackdown on unfair ticketing issues that will include an executive from Ticketmaster-parent company Live Nation and entertainer Kid Rock, a Senate aide told Reuters.

The Justice Department and dozens of state attorneys general sued Live Nation Entertainment and its ticket-selling unit, Ticketmaster in 2024 for allegedly monopolizing markets across the live concert industry in ways that hurt artists and fans.

Republican Senator Marsha Blackburn will chair the hearing before the Consumer Protection, Technology, and Data Privacy subcommittee that will also focus on the FTC suit against Ticketmaster, all-in pricing, and other consumer protection issues.

 (Reporting by David Shepardson in Washington)

 ((Email David.Shepardson@thomsonreuters.com 202-579-6093))

Recent news on Live Nation Entertainment

See all news