![]() Live Nation, which declined to comment on the suit, is the world’s largest concert promoter, and in 2014 its Ticketmaster division sold $23 billion in tickets, according to company reports. ![]() The case highlights the value of the international touring market, where artists now often make the majority of their income. Matt has an upcoming show in NYC next Saturday, but you can track him on Songkick to get a notification when Matt will be playing near you Be sure to check out his full Songkick Live performance above. 33141 Miami Beach, FL, US 78 / 21 upcoming concerts Capacity: 1,450 Additional details Doors open: 18:30 For fans of: Pop and Electronic. Those areas of Live Nation’s business are supposed to be maintained separately, under the terms of the 2010 merger agreement between Live Nation and Ticketmaster. The suit, which seeks unspecified damages, also accuses Live Nation and Ticketmaster of threatening various unnamed “superstar” artists not to work with Songkick, and abusing its power as a concert promoter to influence how musicians sell their tickets. According to the complaint, Live Nation and Ticketmaster “have attempted to destroy competition in the artist presale ticketing services market.” Songkick - a concert listings and ticketing company based in New York that has worked with artists like Adele, Paul McCartney, Ellie Goulding, Jackson Browne, Miranda Lambert and Ricky Martin - filed its suit on Tuesday in United States District Court in Los Angeles, accusing Live Nation and its subsidiary, Ticketmaster, of interfering in Songkick’s business in violation of federal antitrust law. In a case that offers a glimpse into the lucrative but often hidden business of concert tickets, a small company has sued Live Nation Entertainment in federal court, accusing the multibillion-dollar concert giant of abusing its market power to control the sales of tickets through musicians’ websites and fan clubs.
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