Live Nation Threats to Concert Venues Scrutinized at DOJ Trial

Did Live Nation punish a venue by taking Billie Eilish away?

John Abbamondi had orders to let the CEO of Ticketmaster down easy. In April 2021, Abbamondi was the CEO of BSE Global, the company that ran Brooklyn arena the Barclays Center. BSE Global's existing Ticketmaster contract would expire at the end of September, and Abbamondi and his team had evaluated proposals from SeatGeek, AXS, and Ticketmaster. The economics of Ticketmaster offer, according to Abbamondi, "was nowhere near as good as the other t…

Live Nation Threats to Concert Venues Scrutinized at DOJ Trial

Live Nation Entertainment Inc., the owner of Ticketmaster, threatened to withhold concerts from the Barclays Center in New York after the arena switched ticketing services to SeatGeek Inc., according to testimony Wednesday in a US Justice Department antitrust trial.