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Live Nation CEO Condemns Executive's 'Robbing Fans Blind' Comments in Antitrust Trial

KVIA••CNN Newsource
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In a recent antitrust trial, Live Nation CEO Michael Rapino expressed his disapproval of a Ticketmaster executive's internal message that referred to charging fans as 'robbing them blind.' The trial involves accusations from approximately two dozen states claiming that Live Nation operates monopolistically, charging excessive fees through exclusivity agreements. Rapino defended the company's practices but acknowledged rising ticket costs and artists' grievances, including those from major names like Adele and Paul McCartney. The trial continues, with the states expected to conclude their case next week.

Key Details: • Trial ongoing with states alleging Live Nation's monopoly practices. • Rapino criticized internal messages from Ticketmaster staff regarding high fees. • Major artists have voiced concerns about ticketing fees and practices. • States likely to rest their case next week.

concerts fees antitrust ticketmaster live-nation

People & Organizations

Live NationTicketmasterMichael RapinoJeffrey KesslerBen Baker

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