Live Nation has reached a settlement with the Department of Justice over a federal antitrust lawsuit accusing the company of monopolizing the live entertainment industry, according to a report from The Associated Press. NPR has not independently confirmed the settlement. The trial, which began a week ago in a New York City courtroom, aimed to break up Live Nation and its subsidiary, Ticketmaster.
A lawsuit filed by the Justice Department, the District of Columbia and 39 states in 2024 accused Live Nation and Ticketmaster of unfairly wielding their power over concert promotion, artist management, venue operations and ticketing services to shut out competitors. The Biden-era Justice Department complaint was moved forward under the Trump administration. In previous comments shared with NPR, Live Nation denied the government's claims and stated that there is more competition in the ticket marketplace than ever.
Live Nation and the Department of Justice did not immediately respond to NPR's requests for comment.
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