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Entertainment & Sports

Jun. 15, 2013

Live Nation wins case over contract dispute

Concert and ticketing giant Live Nation Entertainment Inc. on Thursday averted what might have been a $920 million payout as it won a contractual dispute with German-based ticket sales and distribution company CTS Eventim AG.


By Ryne Hodkowski


Daily Journal Staff Writer


Concert and ticketing giant Live Nation Entertainment Inc. on Thursday averted what might have been a $920 million payout as it won a contractual dispute with German-based ticket sales and distribution company CTS Eventim AG in the London International Court of Arbitration.


Eventim filed suit claiming that Live Nation invalidly terminated its contract in June 2010, five months after the Los Angeles ...

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