Live Nation settles litigation, buying Songkick assets

Doris Richards
January 13, 2018

Documents submitted as evidence by Songkick's legal team supported the theory that Ticketmaster took very seriously the threat posed by the Songkick/Crowdsurge model, which sought to create partnerships with artist fan clubs, who would then request an allocation of tickets for any show on a tour to be distributed to members.

The dispute between the companies has spanned years, starting with an antitrust suit from Songkick in 2015 and leading to the eventual shutdown of all ticketing operations by Songkick in October of last year, a development which the CEO and founder Matt Jones blamed squarely on Live Nation and Ticketmaster.

The David-and-Goliath suit included accusations of abuse of market power by Live Nation and its Ticketmaster subsidiary.

Ticketmaster has settled its lawsuit with Songkick, agreeing to pay the company's owners $110 million and acquire its remaining assets.

"We are pleased that we were able to resolve this dispute and avoid protracted and costly legal proceedings, while also acquiring valuable assets", said Joe Berchtold, President of Live Nation in the press release announcing the transaction.

The case for Songkick hinged on rights to sell tickets.

Songkick claimed that Live Nation had interfered with its business through blocking access to the presale tickets and demanding fees on sales of the tickets that Songkick had handled.

Many with the music industry had been skeptical about the case brought by Songkick, and it lost several pretrial motions, but until just recently was insistent with going forward with its case. About Complete Entertainment Resources Group CERG (Songkick) was founded in 2008 and became one of the world's largest concert discovery and artist ticketing platforms.

Other reports by Iphone Fresh

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