NIVA Statement on Reported Live Nation Settlement
Monday, March 9 – 9:30 a.m. ET
A preliminary statement from the National Independent Venue Association (NIVA) responding to reports that Live Nation has reached a settlement with the U.S. Department of Justice in their antitrust trial in the Southern District of New York:
“Live Nation’s reported settlement amount - $280 million - is the equivalent of 4 days of their 2025 revenue, which means they could potentially make it back by this Friday.
The reported settlement does not appear to include any specific and explicit protections for fans, artists, or independent venues and festivals. Reported details also indicate that ticket resale platforms could be further empowered through new requirements for Ticketmaster to host their listings, which would likely exacerbate the price gouging potential for predatory resellers and the platforms that serve them.
If these facts are true, NIVA views this as a failure of the justice system.”
– Stephen Parker, Executive Director of the National Independent Venue Association
More information from NIVA will be forthcoming if or when more details are confirmed.
ABOUT NIVA
The National Independent Venue Association (NIVA) is the national trade association representing thousands of independent live entertainment venues, festivals, promoters, and more. NIVA works to preserve and nurture the ecosystem of live entertainment. NIVA empowers members and their teams with member benefits, advocacy on the state, local, and federal levels, an annual industry-leading conference, and more.
NIVA led the Save Our Stages campaign, culminating in landmark legislation in 2020 that established the $16.25 billion Shuttered Venue Operators Grant program, the largest arts investment in U.S. history.
NIVA is committed to equity in its support of independent stages. It seeks to create and encourage opportunities for venues, promoters, and festivals owned, operated, and staffed by people of color, women, non-binary, LGBTQ+, veterans, and people with disabilities.
CONTACT
Lucky Break PR
Kris Ferraro, Kris@luckybreakpr.com
Mike Stommel, Mike@luckybreakpr.com
