Relevance: primary · Type: event
Confidence90%
Michael Rapino took the stand for several hours in Manhattan federal court in an antitrust trial involving Live Nation Entertainment Inc.
Relevance: primary · Type: background
Confidence100%
The Department of Justice and dozens of state attorneys general originally brought the antitrust case against Live Nation and Ticketmaster in federal court.
Relevance: primary · Type: background
Confidence90%
The federal government struck a settlement with Live Nation in early March following a face-to-face meeting between Michael Rapino and Omeed Assefi, the acting assistant attorney general for the Antitrust Division.
Relevance: primary · Type: event
Confidence80%
A majority of the state attorneys general opposed the settlement and committed to pursuing their claims against Live Nation and Ticketmaster.
Relevance: supporting · Type: background
Confidence100%
Attorney Jeffrey Kessler represented the state attorneys general in the antitrust trial against Live Nation.
Relevance: supporting · Type: event
Confidence90%
Jeffrey Kessler questioned Michael Rapino about Live Nation's concert pricing tactics, exclusive long-term contracts, and allegations that the company fostered an anticompetitive environment.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
Michael Rapino said the live entertainment industry was once "fragmented" and described it as the "wild, wild west."
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
Michael Rapino said Live Nation has brought "business professionalism" to the live events space.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"You want to build a better mousetrap than the other guys. We were ahead of the curve in owning ticketing, owning venues, and concert promotion," Rapino said.
Relevance: supporting · Type: event
Confidence80%
Jeffrey Kessler questioned Michael Rapino about rising ticketing fees.
Relevance: supporting · Type: event
Confidence80%
Jeffrey Kessler questioned Michael Rapino about complaints from artists, including Adele, who was not allowed to sell tickets directly to fans through a third party after she offered to cover the ticketing fees herself.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"We would never say no to Adele. We said no to the ticketing company trying to get free tickets," Rapino said.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
In a 2016 email, Michael Rapino wrote, "Our fees are too high. We can’t defend them."
Relevance: supporting · Type: event
Confidence80%
Michael Rapino told Jeffrey Kessler that he could not recall the email or its contents and noted that it was from 10 years ago.
Relevance: supporting · Type: event
Confidence80%
Jeffrey Kessler questioned Michael Rapino about his knowledge of an employee boasting about "robbing" concertgoers "blind" through an increase in concert parking fees.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said he was not aware of the messages until recently.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"It's disgusting, and it's not how we operate," Rapino said.
Relevance: supporting · Type: event
Confidence90%
In 2022, Ben Baker, a Live Nation regional ticketing director, messaged a colleague on Slack referencing a data set showing that annual gross revenue for "premier parking" increased from $470,000 in 2018 to $666,000 in 2021.
Ben Baker, Regional Ticketing Director at Live Nation
Relevance: supporting · Type: quote
Confidence90%
"Robbing them blind baby. That’s how we do," Ben Baker said.
Relevance: supporting · Type: quote
Confidence90%
A colleague responded "lol" to Ben Baker's message.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"I have it under review, and he has apologized. We like to give our employees a break, and we don’t fire easily," Rapino said in response to a question about disciplinary action against Baker.
Relevance: supporting · Type: background
Confidence90%
Ben Baker is now head of ticketing for Venue Nation, a division of Live Nation responsible for operating the company's amphitheaters.
Relevance: supporting · Type: background
Confidence100%
Andrew Gass is a lawyer for Live Nation.
Relevance: supporting · Type: event
Confidence90%
Andrew Gass asked Michael Rapino whether James Dolan, the owner of Madison Square Garden, was someone Live Nation could push around.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"Certainly not," Rapino replied.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"I don’t tell a billionaire what to do with his venue. He tells me," Rapino said.
Relevance: supporting · Type: event
Confidence90%
Michael Rapino denied that he threatened to withhold concerts at Barclays Center after it chose a competitor over Ticketmaster.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"It's going to be a tough time to deliver tickets or concerts with a new competitor in town, regardless of ticketing," Rapino said on a recorded call with former Barclays Center CEO John Abbamondi.
John Abbamondi, Former Chief Executive Officer of Barclays Center
Relevance: supporting · Type: event
Confidence90%
Former Barclays Center CEO John Abbamondi testified that he viewed Rapino's statement as a threat to reroute concerts to the UBS Arena.
John Abbamondi, Former Chief Executive Officer of Barclays Center
Relevance: supporting · Type: quote
Confidence90%
"Barclays Center experienced a 'dramatic decline' in shows after dropping Ticketmaster," John Abbamondi said.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"I had zero intent to threaten the venue," Rapino said.
Relevance: supporting · Type: background
Confidence90%
Live Nation made $7 million from lawn chair rentals after 12 of its amphitheaters banned fans from bringing their own chairs.
Relevance: supporting · Type: background
Confidence90%
Twelve of Live Nation's amphitheaters banned fans from bringing their own chairs.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said Live Nation banned outside chairs for safety reasons.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said he did not consider the additional $15 lawn chair rental fee to be outrageous.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said Live Nation did not allow Radio Disney shows to use its venues without the company's promotional services because he did not want to set a precedent.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said Live Nation modified a Ticketmaster policy that allowed artists to sell eight percent of their tickets to fan clubs to ensure artists did not use another ticket supplier.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said some rival ticket companies were pretending to be fan clubs.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: event
Confidence80%
Michael Rapino said Live Nation did not allow Paul McCartney to sell fan club tickets through SongKick.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"We don't let ticket companies get tickets we acquired," Rapino said.
Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment Inc.
Relevance: supporting · Type: quote
Confidence90%
"I'll deal with it this week," Rapino said in response to a question about disciplining Ben Baker.
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