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Live Nation to divest 13 exclusive agreements with amphitheaters in US DOJ deal

By Khushita Vasant ( March 9, 2026, 19:01 GMT | Official Statement) -- MLex Summary: Live Nation Entertainment detailed the terms of its agreement with the US Department of Justice to settle a monopolization lawsuit, which includes divesting its 13 exclusive booking agreements with amphitheaters nationwide. The company's wholly-owned subsidiary Ticketmaster will also provide both exclusive and non-exclusive ticketing proposals to all major concert venues, as well as an eight-year extension of the company's consent decree with the DOJ. This includes retaliation and conditioning terms, providing venues ongoing comfort the company does not condone such behavior. In a statement, the company said there is no financial component to the settlement, which does not settle the claims of all plaintiffs. Live Nation has created a $280 million settlement fund to address the states' damages claims. Promoters can also decide how best to distribute up to 50 percent of the tickets at amphitheaters, and capping ticketing service fees at 15 percent.Statement follows below:...

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