Friday, February 27, 2009

AEG to terminate contract with Tickemaster

Anschutz Entertainment Group (AEG) has announced that it will terminate its ticket contract if Live Nation and Ticketmaster merge. AEG is a rival to Live Nation. Ticketmaster is not really concerned since revenus from AEG only counted for 10% of its revenues. AEG owns concert the Staples Center in LA and the Nokia Theater in NY.

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