Possible Ticketmaster-Live Nation merger draws boos from concert fans
The two biggest companies in live concerts might be getting together, and the Boss -- and concert fans -- are not happy. Ticketmaster Entertainment Inc., which controls ticketing at major venues across the country, and artist manager Live Nation Worldwide Inc. are in talks to merge, according to a person close to the negotiations.
But superstar Bruce Springsteen, who has objected to Ticketmaster policies in the past, quickly cried foul, saying it would give too much power to one combined company."The one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system, thereby returning us to a near-monopoly situation in music ticketing,"