After spending nearly a year in deliberation, the Department of Justice (DOJ) has finally approved the merger between Live Nation and Ticketmaster. Live Nation, the largest concert promoter in the U.S. and the second largest ticket seller (behind Ticketmaster), books tours and owns venues across the country; Ticketmaster controls 70-80% of all ticket sales and also has an artist management division, Front Line Management, that counts Kings of Leon, the Eagles, Journey, and Miley Cyrus as clients. The two companies will now operate under the name Live Nation Entertainment.
