Live Nation and Ticketmaster each reported better than expected Q3 earnings yesterday and both blamed slimmer profits on a combined $12 million in merger-related costs.
Ticketmaster saw an increase in Q3 profits earning $13.1M ($.22 a share up from $9.6M a year ago. Ticketmaster also beat analyst estimates of of 18 cents a share earnings. Revenues were up slightly to $347.9M from $336.4M a year ago.
Federal regulators here and abroad continue to examine the possible merger, and shareholders of the two companies will vote on the deal Jan. 8th.
Federal regulators here and abroad continue to examine the possible merger, and shareholders of the two companies will vote on the deal Jan. 8th.










