the biggest music act of the past decade~
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January 25, 2010: Live Nation + Ticketmaster merge to form Live Nation Entertainment
Nearly a year after announcing plans for a $2.5 billion merger -- and amid fierce opposition from industry lobbyists and some members of Congress concerned about anti-trust laws -- the U.S. Department of Justice approved a deal to allow Ticketmaster and Live Nation to join forces, and become one of the most formidable live-music organizations ever created. Since the merger, the touring business has been dominated by the combined Live Nation Entertainment and its main rival AEG Live, as both have snapped up independent promoters and venues to consolidate their portfolios -- an arms race that still continues.
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