> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Ticketmaster Live Nation Merger Done, Government Scrutiny To Follow
- URL: https://www.hypebot.com/ticketmaster-live-nation-merger-done-scrutiny-to-follow/
- Published: 2009-02-10T10:43:00.000Z
- Updated: 2009-02-10T10:43:00.000Z
- Description: IT'S OFFICIAL! Here's the press release. Both stocks suffer losses as Wall Street gives thumbs down to deal. (UPDATED) The merger of Ticketmaster and Live Nation is a done deal. Continue reading [https://www.hypebot.com/hypebot/2009/02/ticketmaster-live-nation-merger-done-scrutiny-to-follow.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:03

## IT'S OFFICIAL!

Here's the [press release](http://media.corporate-ir.net/media%5Ffiles/irol/19/194146/news/LiveNationTicketmasterPressRelease021009.pdf?ref=hypebot.com).

Both stocks suffer losses as Wall Street gives thumbs down to deal.

(UPDATED) The merger of Ticketmaster and Live Nation is a done deal and will be announced today. It be an all stock merger with the two companies combining as relative equals and cost savings of $40 million plus annually. In what is almost certain to become a clash of the titans, Ticketmaster's Barry Diller and Irving Azoff, as well as, Live Nation's Michael Rapino will all hold executive positions in the new company.

87% Of Hypebot Readers Oppose Merger

The merger logged an almost 87% disapproval rating in an onging [informal poll](https://www.hypebot.com/poll-what-do-you-think-of-the-live-nation-ticketmaster-merger/) of Hypebot readers as of Tuesday morning. Even though the two corporations are in different business (ticketing and live music respectively), the merger also seems likely to draw federal anti-trust scrutiny. Ticketmaster has

[![Tickets](http://hypebot.typepad.com/.a/6a00d83451b36c69e201116857c181970c-100wi "Tickets")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201116857c181970c-pi?ref=hypebot.com)

  
already come under fire an internal monopoly of the ticketing process after it directly linked from a Bruce Springsteen onsale to its self-owned reseller TicketsNow where seats were already onsale at higher prices.

The incident drew the ire of Springsteen himself who now [openly opposes](https://www.hypebot.com/an-angry-springsteen-opposes-live-nation-ticketmaster-merger/) the merger as well as, competing resellers like LiveStub who [warn of a closed ticketing eco-system](https://www.hypebot.com/a-ti/) that drives up prices. New York, New Jersey and several other state attorney generals have promised to investigate. A [lawsuit was also filed](http://www.theglobeandmail.com/servlet/story/LAC.20090210.TICKETS10/TPStory/National?ref=hypebot.com) in Canada this week over similar incident regarding a Smashing Pumpkins ticket sale.

**What do you think of a combined Ticketmaster and Live Nation?**   **Comment below and vote [here](https://www.hypebot.com/poll-what-do-you-think-of-the-live-nation-ticketmaster-merger/).**