U.S Department of Justice settles monopoly lawsuit against Live Nation. Some states are continuing separate action; Iowa denies there is settlement

Live Nation, which owns Ticketmaster, reached a settlement with the Department of Justice over antitrust concerns.

Two Live Nation Entertainment Inc. executives bragged about the high fees the company charges fans at its venues, joking in internal messages that the company is “robbing them blind” and that “these people are so stupid” that “I almost feel bad taking advantage of them.

LANSING – On Monday, following the announcement of a settlement reached between Live Nation and the U.S. Department of Justice to resolve antitrust claims brought by the federal authority alongside a broad,

Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.

The tentative deal calls for the company to sell or give up control of 13 amphitheaters nationwide, including Maine Savings Amphitheater in Bangor.

Live Nation to give up control of 13 amphitheaters, but some states, incuding Pennsylvania, say they will continue a trial in New York federal court.

Officials with Live Nation announced Tuesday they are exploring plans for a new music venue in Bentonville. In collaboration with the Momentary, the global entertainment company is looking to establish a midsize performance space named Bentonville Ballroom.