Live Nation has settled its ongoing litigation with ticket seller Songkick, handing over $110m in the process. Forced to air dirty laundry and sack key executives, why did the ticket giant wait so long to do so, asks Sean Burns.
Live Nation has settled its ongoing litigation with ticket seller Songkick, handing over $110m in the process. Forced to air dirty laundry and sack key executives, why did the ticket giant wait so long to do so, asks Sean Burns.
It’s been a couple of days, and I’m still confused about one central thing about Live Nation’s Friday announcement that it had settled its litigation with Songkick, purchasing remaining company assets from its one-time competitor. Why did it take so long to happen? Why after embarrassing dirty laundry was aired and key executives were let go?
Why less than a month before trial? Why not a year ago?
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