The article details testimony from venue executives in the Live Nation-Ticketmaster antitrust trial. They allege that when their venues considered switching from Ticketmaster's ticketing service, Live Nation executives threatened to withhold major concerts, using the company's power as a promoter to protect its ticketing business.
Specifically, former Barclays Center CEO John Abbamondi testified that after choosing a rival ticketer for better terms, Live Nation CEO Michael Rapino made a "not-so-veiled" threat during a tense call. Following the switch, Barclays then experienced a dramatic drop in Live Nation-promoted shows, including a Billie Eilish tour that went to a rival venue.
The testimony is presented as evidence for the Justice Department's monopoly case, alleging Live Nation-Ticketmaster uses its dual role to stifle competition. Live Nation-Ticketmaster denies the allegations, suggesting artist preference drives booking decisions.
Main Topics: Live Nation-Ticketmaster antitrust trial; Allegations of retaliatory practices against venues; Testimony about threats and lost concerts; The intertwined power of concert promotion and ticketing.