Live Nation and Ticketmaster ruled a monopoly in landmark music industry case
A court ruling has officially declared Live Nation and its subsidiary Ticketmaster operate as a monopoly, a long-suspected reality now legally confirmed. The U.S.-based Future of Music Coalition, founded in June 2000 by musicians, artist advocates, technologists, and legal experts, hailed the decision as a brutal victory for everyone who loves music. The organization was established to ensure musicians have a voice in matters affecting their livelihood. The case highlights concerns about market control in live music and ticketing that have been observed for decades, with some noting a deterioration in the industry structure since approximately 1993. The ruling addresses the power dynamics between major corporate entities and artists' economic sustainability.
Key facts
- Live Nation and Ticketmaster have been ruled a monopoly by a court
- The Future of Music Coalition called the ruling a brutal victory for music lovers
- Future of Music Coalition was founded in June 2000
- The coalition includes musicians, artist advocates, technologists, and legal experts
- The organization aims to give musicians a voice in livelihood matters
- Some observers have noted industry deterioration since approximately 1993
- Live Nation organizes major concert tours
- Ticketmaster sells tickets for events
Entities
Institutions
- Live Nation
- Ticketmaster
- Future of Music Coalition