You may have heard: Ticketmaster is in talks with Live Nation for a possible merger.
The impact of this union could be far-reaching. Ticketmaster is the 800-pound gorilla of the ticket business, often irritating fans with its surcharges but impossible to avoid. Live Nation is just as powerful in the concert business: it’s not only the country’s biggest concert promoter, but the company has recently struck deals with Madonna and Jay-Z to become, essentially, their music distributor.
Together, the two almost certainly be the dominant force in the music business, dwarfing the retrenching record labels. Imagine the kind of fight Pearl Jam might have with that.
What do you make of it all? Send your responses to iReport or comment below.
– Todd Leopold, CNN.com Entertainment Producer
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