
Live Nation CFO Confident in Victory Against DOJ Antitrust Lawsuit - "We're Going to Prevail"
Live Nation's CFO Joe Berchtold expressed confidence about the company's position in the ongoing antitrust lawsuit filed by the Justice Department and 39 state attorneys general against Live Nation and Ticketmaster.
Speaking at the Bank of America conference, Berchtold stated, "I expect we're going to prevail," and indicated that major operational changes aren't anticipated during the legal proceedings. The timeline suggests discovery and depositions will occur throughout 2025, with a potential trial beginning in early 2026.

Joe Berchtold at Live Nation event
Regarding Ticketmaster's relationship with Live Nation, Berchtold described it as a "nice complement" while emphasizing that the companies operate "very separately." He reported strong consumer demand for live events and continued artist interest in touring globally.
Addressing criticism about ticket prices and availability, Berchtold acknowledged the inherent challenges of high-demand events like Taylor Swift's 'Eras Tour.' He emphasized the company's support for artist control over ticket distribution while noting the need for improved communication and transparency with fans.
Ticketmaster has recently implemented all-in pricing in jurisdictions where required, though this policy isn't universal across all markets. The outcome of the DOJ's investigation will likely influence future pricing transparency practices.

US Department of Justice building exterior

Michael Rapino in black shirt
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