Recently, Live Nation and Ticketmaster Entertainment have merged to become Live Nation Entertainment. Live Nation Entertainment's mission will be to improve the live entertainment experience and to drive major innovations in ticketing technology, marketing and service. Through this merger, the parties believe that the combined company will have the tools to develop new products, expand access, improve transparency and deliver artists and fans more choices. This will drive greater attendance at live events and bring more value to all major constituents in the industry.
We believe that the merger creates a diversified company with a great selling platform for artists and a stronger financial profile. The new company will provide a more direct relationship between fans and artists. More importantly, fans will benefit through more ticketing and seating options, reduced pressure on ticket prices and more direct access to their favorite artist.
We very much appreciate the opportunity to respond to your email, and we hope this information sufficiently addresses your concern. We value your patronage and hope you will look to our service in the future for your live entertainment needs.
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