Ticketmaster, Live Nation Merger: On Day After, More Fallout

In the wake of the merger between concert-promotion behemoth Live Nation (LYV) and ticketing/artist-management titan Ticketmaster (TKTM), approved on Monday by the Justice Department, U.S. antitrust officials ordered the partnership to divest a few assets. Ticketmaster must license its primary ticketing software to Anschutz Entertainment Group, its largest rival in concert promotion. AEG, which owns and operates such venues as the Staples Center in Los Angeles and London's O2 Arena, has the option to purchase the software, create a competing product, or partner with another competitor within five years.