LYV News & Events

AB InBev ((BUD) and Live Nation (LYV) announced AB InBev as the exclusive beer and cider partner for Live Nation in the United Kingdom, spanning festivals, venues, and outdoor shows. The partnership connects brands, including Budweiser, Corona, San Miguel, Stella Artois and more, to millions of music fans of a legal drinking age.

Prosecutors that were conducting a criminal antitrust probe into Live Nation recommended several months ago that the Justice Department not file charges against the company and its CEO Michael Rapino, people with knowledge of the matter told Bloomberg's Josh Sisco.

Prosecutors that were conducting a criminal antitrust probe into Live Nation recommended several months ago that the Justice Department not file charges against the company and its CEO Michael Rapino, people with knowledge of the matter told Bloomberg's Josh Sisco. The investigation slowed down after prosecutors at the DOJ's antitrust division recommended in September not filing criminal charges against the company and Rapino over alleged pandemic-era collusion with other industry players, the author notes.