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PBS News Hour - Segments

Live Nation and Ticketmaster abused monopoly power and gouged consumers, jury finds

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 15 April 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

A jury found Live Nation and its subsidiary Ticketmaster are a monopoly in violation of federal and state laws. The trial could have implications for both the company and the entertainment industry. States argued Live Nation used its control of ticketing platforms and concert venues to force artists into bad deals and drive up prices for consumers. Amna Nawaz discussed more with Jem Aswad. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Transcript

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0:00.0

A federal jury has found Live Nation and its subsidiary Ticketmaster have been operating as a monopoly in violation of federal and state laws.

0:09.7

It's the long-awaited conclusion to a blockbuster antitrust trial that could have big implications for both the company and the entertainment industry at large.

0:19.0

Dozens of states were partied to the suit, which argued that Live Nation used its combined

0:23.7

control of ticketing platforms and a nationwide network of concert venues to force artists

0:29.2

into bad deals and drive up prices for consumers.

0:32.6

For more on this, we're joined by Gem Oswati's music editor at Variety.

0:36.8

Jim, thanks so much for being with us.

0:38.3

Before we get into details, just for context here, how big a moment is this for Live Nation, Ticketmaster, and the industry?

0:46.8

It is a big moment, but nobody knows yet what exactly it is going to mean.

0:51.3

It is very much a rebuke to the Department of Justice's decision early last month to settle with Live Nation and have them modify some of their policies and pay a few fines. I think it was $260 million, which Live Nation earns in a couple of days.

1:10.8

We should point out that suit was first filed by the Biden administration. which Live Nation earns in a couple of days.

1:14.8

We should point out that suit was first filed by the Biden administration.

1:18.7

That's when the DOJ was involved when the Trump administration came into office.

1:21.5

The DOJ a few days in walked away.

1:26.4

States decided to continue with that lawsuit, which is how we ended up where we are today.

1:28.4

But in retrospect, that settlement that they reached, how does that look right now? Well, it was never approved by the judge.

1:33.9

This is all being decided by one judge, Aaron Subramian, I think is how you say his name.

1:39.8

And he was furious over the settlement because it was basically done in a smoke-filled room.

1:46.5

There was a deal between DOJ officials and Live Nation CEO Michael Rapino and presumably some other people.

1:55.1

And the judge didn't even know.

1:56.7

So he was furious over that.

1:59.7

And the states decided to continue pushing ahead. Now, does this mean that

...

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