Overview
- The tentative deal would require Ticketmaster to open parts of its platform to rivals, create a standalone system for third-party sellers, and let venues allocate ticket inventory beyond Ticketmaster.
- Reported remedies include capping service fees at Live Nation amphitheaters at 15% and limiting venue exclusivity contracts to four years.
- Live Nation agreed to divest ownership or control of up to 13 amphitheaters and to stop retaliating against venues or artists that choose competing services.
- A DOJ official said the company will provide about $280 million to states, though some outlets have reported a lower figure of roughly $200 million.
- U.S. District Judge Arun Subramanian criticized the late disclosure of the deal and paused the trial, with more than two dozen attorneys general, including New York and California, continuing independent litigation as the agreement awaits court approval.