By Gene Maddaus, Jem Aswad
In the wake of the verdict against Live Nation Wednesday, in which a New York jury found that the company runs an unlawful monopoly in the concert industry, two questions have towered above all others: “Will ticket prices go down?” and “Will this open up the marketplace for artists and venues?”
The short answer to both: Not anytime soon.
Judge Arun Subramanian has yet to rule on the remedy, which could include the breakup of Live Nation and Ticketmaster. And whatever the outcome, Live Nation plans to appeal.
Popular on Variety
Related Stories
