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Posted in industry | music on June 5, 2006
Clear Channel sued over concert competition
"Clear Channel Communications Inc.....was accused in a lawsuit on Friday (June 2) of violating federal anti-trust laws by curtailing concert competition and jacking up ticket prices.
The proposed class-action, filed in Denver federal court, names Clear Channel's broadcasting unit and former concert promotion arm Live Nation Inc. as defendants.....
....According to court papers, the suit accuses the defendants of breaking the law by limiting radio airtime for musicians who used competing concert promoters and inflating musicians' fees, 'in some cases more than 100 percent of gross sales, in order to exclude competitors from the market.'..." [Billboard]
Previously
Live Nation Q1 Revenues Jump $72 Million (not Clear Channel)
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Posted on June 5, 2006 6:09 PM
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Comments (6)
Amen. Maybe they can sue Ticketmaster/TicketWeb too, with their exorbitant monopoly.
Posted by Bob A Booey | June 5, 2006 6:28 PM
clear channel gets sued all the time
Posted by Anonymous | June 5, 2006 6:42 PM
clear channel sucks!
Posted by Anonymous | June 5, 2006 7:46 PM
silly indie people! how dare you defy the will of CLEAR CHANNEL
we WILL rule over you and your independent thinking minds
we have secretly replaced Colin Meloy with an android....he has already convinced your weak minds that he is one of you
soon the rest of you will join us....
Posted by Mr. C. Channel | June 5, 2006 8:08 PM
That's so funny, I forgot to laugh.
Posted by Pee Wee Herman | June 5, 2006 8:54 PM
I was originally under the impression that Live Nation was the company that Ron Delsner Presents (here in NY) evolved into. But then I remembered that some years ago, RDP was bought out by SFX (which then became part of Clear Channel).
No matter how you look at it though, Ron Delsner is to the East Coast, what Bill Graham was to the West Coast.
Posted by road manager | June 8, 2006 10:55 PM