Live Nation, Ticketmaster vow to fight breakup after monopoly verdict

Live Nation Entertainment says it knows many music and sports fans hate the company and blame it — and subsidiary Ticketmaster — for sky-high ticket prices.

But the executive vice-president of the world’s largest entertainment company insists the conglomerate is not a monopoly and should not be broken up.

But Wall defended his company and said he will fight moves to split up Ticketmaster and Live Nation after a recent landmark verdict by a U.S. federal jury.