Paid Content reports that Ticketmaster and Live Nation have announced plans for a merger. The deal is a tax-free, all stock merger with a combined value of approximately $2.5 billion, and the new entity will be called Live Nation Entertainment.

Together, the two firms will have significant control over live music in North America. Live Nation is a significant concert promoter and Ticket Master remains the dominant ticketing service. The deal is subject to regulatory approval and represents another difficult situation for the major record labels.
Source Paid Content reports that Ticketmaster and Live Nation have announced plans for a merger. The deal is a tax-free, all stock merger with a combined value of approximately $2.5 billion, and the new entity will be called Live Nation Entertainment.

Together, the two firms will have significant control over live music in North America. Live Nation is a significant concert promoter and Ticket Master remains the dominant ticketing service. The deal is subject to regulatory approval and represents another difficult situation for the major record labels.
Source