Word: dealing
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Dates: during 2000-2009
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Irving Azoff, chief executive of Ticketmaster Entertainment Inc., doesn't mince words when he talks about the amplified negative press that's surrounded his company's bid to merge with Live Nation Inc. since the deal was announced in February. "It's really good that some of the press and some of the consumer groups out there that have hated the fact that there's been service charges on tickets and have hated Ticketmaster for the last 20 years have been able to spin all you people," he said sarcastically. "But quite honestly it's a line of bull crap...
...would produce greater efficiencies in the music business, which theoretically would benefit ticket buyers and artists. The proposed megamarriage of Ticketmaster and Live Nation, if approved by regulators, would combine the country's largest ticketing company with the nation's biggest concert promoter. Since the $2.5 billion all-stock deal was unveiled in February, a throng of players, ranging from angry independent concert promoters to frustrated music fans, has been drumming the Department of Justice to block the deal, claiming the merger will create a conglomerate that will shut out competition and lead to higher ticket prices. "This is deemed...
...There hasn't been this much hoopla over an entertainment deal since the Sirius XM Satellite Radio merger in 2007 during the Bush Administration, Schildkraut said. Although the Sirius-XM deal ultimately got approved (and the combined company has muddled along), President Barack Obama vowed to put some spine back in antitrust enforcement. He named Christine Varney, a strong antitrust advocate, to head the Justice Department's antitrust investigations. "Obama was very vocal during the campaign about reinvigorating the antitrust laws," concurred Olivier Antoine, an attorney in Crowell & Moring's antitrust group, who represented Sirius in the Sirius XM merger...
...Phillips, CEO of AEG Live, the country's second largest concert promoter. "I could not believe it. I mean, these are sophisticated businessmen - my God, a computer glitch?" Not surprisingly, Phillips opposes the merger and has even suggested he may cancel his seven-year contract with Ticketmaster if the deal goes through...
...worse in math, for example, while those who slumbered peacefully through the night tended to get better grades in English. "These findings bring up new questions about teasing out the specifics of what is important about sleep that impacts learning," says Cousins. "Does sleeping more help our ability to deal with abstract concepts found in math, or does sleep quality increase creativity? We don't know the answers, and don't want to draw those conclusions yet. But this helps us understand more about how sleep helps the things we do in daily life...