A source close to the merger said that company officials essentially acknowledged Ticketmasters bad reputation when they decided to change the new companys name should DOJ officials ultimately sign off on the deal.
The new company would be called Live Nation Entertainment.
When these two were brought together, there was a sense that this could be a fresh start, the source said. Getting rid of the name is not a bad thing if you want a fresh start.
Correction: Feb. 26, 2009
The article incorrectly reported that Live Nation has hired Public Opinion Strategies. The company hired Public Strategies Inc.
Rep. Elijah Cummings, D-Md., right, hugs Harold Schaitberger, General President of the International Association of Fire Fighters, after the Congressman spoke at the IAFF's Legislative Conference General Session at the Hyatt Regency on Capitol Hill, March 9, 2015. The day featured addresses by members of Congress and Vice President Joe Biden.