Ticketmaster | featured news

The DOJ has announced its guidelines from the proposed merger of Live Nation and Ticketmaster to create a music behemoth.

Ticketmaster agreed to put a wall between it and its ticket reseller TicketsNow after complaints that Bruce Springsteen fans in New Jersey were improperly redirected to the reseller.

Live Nation unveiled the terms of its planned $575 million all-stock acquisition of Ticketmaster Entertainment Inc. The deal, which would combine giants in the ticketing and concert-promotion business, is expected to face tough antitrust scrutiny.

A New Jersey congressman is demanding an investigation after Bruce Springsteen fans were unable to buy tickets from Ticketmaster's Web site — which then promptly offered them more expensive tickets from a subsidiary. U.S. Rep. Bill Pascrell of Paterson wants the Federal Trade Commission and Justice Department to investigate possible conflicts of interest involving Ticketmaster and a ticket reseller it owns, TicketsNow.