Live Nation, Ticketmaster Reveal Merger Details

Firm will be run by Live Nation's CEO
By Nick McMaster,  Newser Staff
Posted Feb 10, 2009 12:30 PM CST
Live Nation CEO Michael Rapino is interviewed at his office in Beverly Hills, Calif., Thursday, Jan. 15, 2009.   (AP Photo/Nick Ut)
camera-icon View 2 more images

(Newser) – Live Nation and Ticketmaster made public their merger plans today, though the combined concert-promotions and ticketing powerhouse is sure to face scrutiny by antitrust regulators, the Wall Street Journal reports.The new company is to be named Live Nation Entertainment; it's estimated the two will save $40 million by combining operations.