Live Nation to Waive Ticket "Service Fees" on Wednesdays

Authored by Mark Hefflinger on June 1, 2009 - 10:19am.

Los Angeles - Concert promoter and venue owner Live Nation (NYSE: LYV), whose proposed $1.5 billion merger with Ticketmaster (NASD: TKTM) is under antitrust review, announced on Monday that it will eliminate "convenience" fees normally charged for tickets to some of its events on Wednesdays this summer. Beginning on June 3, no service fees will be charged on tickets purchased on Wednesdays for LiveNation.com-ticketed amphitheater shows by artists including Aerosmith, Coldplay, the Killers, Depeche Mode, Phish, the Dead and Jane's Addiction.

"We wanted to do something that had never been done before and 'No Service Fee Wednesdays' provide incredible value to millions of music fans to attend the hottest concerts this summer," said Live Nation president and CEO Michael Rapino.

A full list of the concerts for which service fees will be waived on Wednesdays is available at the link below.

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http://www.livenation.com