Latest in Ticketmaster

Live Nation Entertainment said Wednesday it plans to offer $800 million worth of bonds for sale and will use proceeds from the offering for general corporate purposes. The move comes as media and entertainment companies continue to raise cash cushions as their finances are  shaken by COVID-19. The giant Beverly…

Ticketmaster said it is finalizing plans to refund for as many as 18,000 events that were postponed or canceled by the COVID-19 pandemic. Starting May 1, fans can request a refund for a 30-day period, according to TIcketmaster parent company Live Nation. The affected shows include L.A. area stadium dates by Taylor…

Live Nation Entertainment has reached an agreement with the Justice Department to extend restrictions that were placed on its 2010 merger with Ticketmaster, including a provision that prohibits retaliation against concert venues for using another ticketing company. The agreement was reached after the Justice…

UPDATED with service restored: Telecharge released the following statement that the service has been restored: “At approximately 6:00 AM this morning, the Telecharge.com website and related sites were taken offline due to a technical issue. Service was restored shortly before 11:30 AM. The Telecharge call center, box…

Don’t tell Live Nation executives that their concert acts are getting old. While one-time hitmaker Neil Diamond continues to hit the stage at age 70, Chairman Irving Azoff says that “every year there’s a Taylor Swift, or Justin Bieber or Lady Gaga.” He adds: “We’re managing all the winners of The X Factor. We predict…

No matter what the consumer will still get screwed. Anschutz Entertainment Group will roll out its much-hyped challenge to chief rival Live Nation Entertainment’s Ticketmaster this Saturday. So the battle is on. AEG has partnered with start-up Outbox Technology to form AXS with a plan to sell tickets through more than…

Live Nation’s increase in ticket prices didn’t deter many people from going to see concerts in 2Q. The company reported net earnings of $13.3M, up from a $32.8M loss in the same period last year, on revenues of $1.56B, up 23.1%. Profits at 7 cents a share beat the 2 cents expected by analysts who follow the company…

The mind-numbing network of interlocking corporate relationships at Live Nation — the No. 1 concert promoter and owner of Ticketmaster — just became much more complicated with the announcement that Jim Dolan is joining its board of directors. He’s a power in live entertainment in his role as executive chairman of Madis…