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Was it a threat or a reality check? That’s the key question in the government’s antitrust case against Live Nation Currently in limbo After the Department of Justice reached a settlement with the company and with dozens of states applying.
Edge Got call audio 2021 in case center. It features the recording, a public display played for jurors in the first week of the trial Then Barclays Center CEO John Abbamondi and Live Nation CEO Michael Rapinoe argue over ticket deal for Brooklyn’s Barclays Center arena. A Transcript of the call It was posted earlier on the agenda, but the audio gives a better idea of how tense it really was.
The audio begins partway through the call, when Abamondi delivers the news that Barclays plans to switch from Ticketmaster to SeatGeek for ticketing. (To identify the voices, Abamondi testified, “The nervous guy was me and the angry guy was Michael.”) Barclays and Live Nation disagreed about when their current contract was scheduled to expire, and toward the end of the conversation, Rapinoe referred to “a new place in town” that Abamondi believed was referring to the UBS Arena near Queens. “What I’ve told you from day one is that it’s going to be a tough time to deliver tickets or concerts with a new competitor in town, regardless of the tickets,” Rapinoe said. Abbamondi testified that he understood that this was “probably a not-so-veiled threat that it would be difficult for them to hold concerts at Barclays Center” if they stopped working with Ticketmaster.
Listen to the call and decide for yourself – Rapino’s comments about the new competitor start around the 4:14 mark.