Live Nation Entertainment, Inc. (NYSE:LYV) Files An 8-K Other Events
Item 8.01 Other Events.

On January 12, 2018, Live Nation Entertainment, Inc. ("Live Nation") and Complete Entertainment Resources Group, Inc. ("CERG") issued a joint press release announcing, among other things, that Live Nation and a subsidiary of CERG formerly doing business as Songkick have entered into a settlement agreement to resolve Songkick's claims alleging misappropriation of trade secrets, tort and antitrust violations, as well as Live Nation's counter-claims. to the settlement agreement, Live Nation will make a $110 million lump sum payment, exclusive of amounts paid to separately acquire certain assets from CERG and related entities. This settlement will be expensed by Live Nation in its fourth quarter 2017 financial statements. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The information in the Exhibit Index of this Current Report on Form 8-K is incorporated into this Item 9.01(d) by reference.

Live Nation Entertainment, Inc. Exhibit
EX-99.1 2 lyv-20180112xex991.htm PRESS RELEASE Exhibit LIVE NATION ACQUIRES SONGKICK ASSETS– Companies Settle Litigation – LOS ANGELES and LONDON (January 12,…
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About Live Nation Entertainment, Inc. (NYSE:LYV)

Live Nation Entertainment, Inc. is a live entertainment company. The Company’s businesses consist of the promotion of live events, including ticketing, sponsorship and advertising, and artist management. Its segments include Concerts, Ticketing, Artist Nation, Sponsorship & Advertising, Other and Corporate. Its Concerts segment is engaged in the promotion of live music events in its owned or operated venues and in rented third-party venues, and the production of music festivals. Its Ticketing segment is an agency business that sells tickets for events on behalf of its clients and retains a fee, or service charge, for these services. Its Artist Nation segment provides management services to music artists in exchange for a commission on the earnings of the artists. Its Sponsorship & Advertising segment employs sales force that creates and maintains relationships with sponsors to allow businesses to reach customers through its concert, venue, artist relationship and ticketing assets.