A trend developing during this long recession is corporate consolidation. The word “monopoly” might start rearing its ugly head if the rumored merger of Ticketmaster and Live Nation were to proceed. Live Nation is a behemoth-sized concert promoter and licensing company that has drawn press for recent exclusive deals with Madonna and Jay-Z.
Meanwhile, Ticketmaster has a near lock on U.S. ticket sales and has ventured into artist management of late. The combined heft of those two companies would be enough to snuff out smaller players and would likely bring anti-trust examination from the authorities, according to the New York Times.
We all know how critical it is to keep independent voices alive and strong on the Internet. Please consider a donation to support our work as independent cultural critics and historians. Your donation will help PopMatters stay viable through these changing and challenging times where costs have risen and advertising has dropped precipitously. We need your help to keep PopMatters strong and growing. Thank you.
// Moving Pixels
"Virtual reality is changing the face of entertainment, and I can see a future when I will find myself inside VR listening to some psych-rock while meditating on an asteroid.READ the article