Live Nation Settles Suit With Ticketing Start-Up, Buying Its Assets

Sunday, 14 Jan, 2018

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.

The longstanding legal battle between Songkick and Live Nation seems to have finally drawn to a close, as Live Nation has put out a press release stating that it has acquired assets from Complete Entertainment Resources Group, Inc.

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 and agreed to pay $110 million to the owners of the Songkick.

"We are glad to have resolved this litigation and thank all the employees, artists and industry partners who contributed so much to our many successes over the last decade", said Songkick CEO Matt Jones.

As part of the settlement, Ticketmaster will acquire the remaining assets of Songkick.

Songkick had its concert-discovery app, website and naming rights acquired by Warner Music Group previous year, but not its ticketing business, which it was said would operate under a new name under the guidance of Jones, who would also continue fighting the legal battle with LN.

Live Nation, on the other hand, counter-sued arguing that venues had the right to sell through any medium they so pleased. Songkick's suit also accused Live Nation of threatening artists not to do business with Songkick.

This case was punctuated as well by accusation of Ticketmaster corporate espionage, and had large amounts of court filing that at times showed embarrassing communications amongst top executives at Live Nation.

The two were set to go to trial later this month before the settlement.