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.
// Sound Affects
"Sharon Jones and Woodie Guthrie knew: great songs belong to everybody.READ the article