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Will Smith nervous about daughter dating
BEVERLY HILLS, Calif., Aug. 23 (UPI) -- Negotiations between Ticketmaster and U.S. concert promoter Live Nation have broken down, opening the door for Live Nation to go into the ticketing business.
Live Nation events make up between 15 percent and 20 percent of Ticketmaster's U.S. business, representing about $100 million in service fees for Ticketmaster, Variety reported Thursday.
Ticketmaster's contract with Live Nation, which has its headquarters in Beverly Hills, Calif., runs through the end of 2008. Its pact with House of Blues, which is owned by Live Nation, is through 2009.
Live Nation didn't comment on the status of talks with Ticketmaster. It has been wading into the ticket-selling business, first by offering packages through its Web site last year, and then more recently through the introduction of software that allow potential concert-goers to search and buy tickets more easily, Variety reported.
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NEW YORK, May 26 (UPI) --
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