Live Nation, the live event giant, is facing potential legal action by the DOJ for its ticketing practices, according to this story from the Wall Street Journal. The Justice Department is preparing a case that the company, which both manages live events and sell tickets, has been raising ticket prices that violates the terms of its 2010 settlement with the government. In 2009, Live Nation merged...
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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
Vox Media Raises $100 Million from Penske
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Dell to Lay Off 5% of Staff
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