Did Live Nation punish a venue by taking Billie Eilish away?
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John Abbamondi was tasked with delivering disappointing news to the CEO of Ticketmaster.

Back in April 2021, Abbamondi served as the CEO of BSE Global, the organization overseeing operations at Brooklyn’s Barclays Center. With the Ticketmaster contract nearing its expiration at the end of September, Abbamondi’s team assessed offers from SeatGeek, AXS, and Ticketmaster. According to Abbamondi, Ticketmaster’s proposal was financially less appealing compared to the others. The arena ultimately decided on SeatGeek, attracted by its superior technology and favorable financial terms, including an equity stake.

When Abbamondi broke the news to Michael Rapino, CEO of Live Nation Entertainment, the conversation quickly grew tense. This exchange resurfaced as evidence in this month’s Live Nation-Ticketmaster monopoly trial. Abbamondi, one of two witnesses who testified on Wednesday, was joined by Mitch Helgerson, the Minnesota Wild hockey team’s chief revenue officer. Both witnesses recounted how Ticketmaster executives threatened to withdraw Live Nation-promoted concerts from their venues if they switched ticketing providers. The Justice Department and 40 state attorneys general argue this behavior reflects monopolistic practices, an accusation Live Nation-Ticketmaster denies.

Testifying before a Manhattan jury, Abbamondi identified himself as the “nervous guy” on the recorded call and Rapino as the “angry guy.” The court heard an intense exchange that Abbamondi described as going “sideways,” as he attempted to reject Ticketmaster while maintaining a separate deal with Live Nation for concert bookings at Barclays. Rapino, at one point, expressed his frustration with an expletive, suggesting he believed Barclays had never intended to renew with Ticketmaster.

Rapino cited the new UBS Arena in Queens as a potential competitor for Live Nation-promoted shows, a comment Abbamondi interpreted as a veiled threat—implying repercussions for cutting ties with Ticketmaster. Abbamondi concluded the call feeling he had failed to “land the plane smoothly.”

Following these events, Barclays Center reportedly experienced a significant drop in Live Nation shows being scheduled at the venue.

Abbamondi still signed the deal with SeatGeek, which began in October 2021. Then, he testified, the venue “saw a dramatic decline in Live Nation shows that were booked at the arena.” Artists were just beginning to fill stadiums again after the start of the covid pandemic, including Billie Eilish, who’d had to cancel shows in New York venues including Barclays in 2020. Normally, Abbamondi would have expected Live Nation to rebook her show there next time she was on tour. But when she began touring again in 2021, she booked at the new venue Rapino had warned about — the UBS Arena. When Barclays asked about it, they were told it was the “artist’s decision.” Other promoters, he said, hadn’t reduced their bookings at Barclays by nearly as much.

In 2022, mere months into the SeatGeek contract, Abbamondi was fired. Less than a year later, Barclays announced it was going back to Ticketmaster.

Ticketmaster, in the witnesses’ telling, wasn’t the best option for a ticketing vendor, but Live Nation’s power as a concert promoter forced their hand. In the case of the Minnesota Wild, which played at the then-Xcel Energy Center in St. Paul, Helgerson said the fear of losing Live Nation shows was a large driver behind its decision to stick with Ticketmaster — even though it found it would make $1 million a year more switching to SeatGeek.

The arena was already engaged in tight competition for concerts with the Target Center across the river in Minneapolis, a similarly-sized venue. So when the Wild kicked off negotiations over renewing its contract with Ticketmaster in 2018, the ticketing service knew how to hit them where it would hurt. When the Wild staff mentioned they were planning to consider a proposal from SeatGeek too, a Ticketmaster executive told them that Live Nation could move all of their shows to the Target Center if they switched ticketing vendors, Helgerson testified. “We took it as a credible threat,” he said. “Losing those shows would be almost catastrophic to our organization.”

“We took it as a credible threat”

To ease the risk, SeatGeek offered what it called “Live Nation retaliation insurance” — a promise to compensate the arena for concerts booked at the Target Center on dates Xcel had open. SeatGeek offered the arena a higher upfront bonus and fee share that overall would make the venue an additional $1 million a year compared to Ticketmaster’s offer. But even retaliation insurance couldn’t make up for the loss of the “vibrance of the venue” and the impact on its own employees should Live Nation pull its shows. Ticketmaster’s alleged threat created an “insurmountable challenge.” The venue signed another contract with Ticketmaster.

There were complicating factors in both these cases, which Live Nation pointed out on cross-examination. It was both risky and a lot of work to move to a new ticketing platform. Like switching any enterprise software, it would take a while for staff to get up to speed, and Abbamondi admitted that while SeatGeek’s technology gave them more options over things like how to price individual seats, it was less user-friendly. An executive whom Helgerson worked with worried that SeatGeek’s lack of an interface for concert promoters at the time would be an obstacle to getting them to bring shows to the arena. Abbamondi also said he’s personal friends with SeatGeek’s co-founder, and he testified he wasn’t fired because of the SeatGeek deal — he was given two other reasons.

SeatGeek offered what it called “Live Nation retaliation insurance”

There was also a separate legal dispute between the Barclays Center and Ticketmaster, which appeared to be at least part of the reason that the call between Abbamondi and Rapino broke down. Barclays believed their contract with Ticketmaster would expire at the end of September 2021, as originally stated. But Ticketmaster believed that because the Covid pandemic shortened the regular NBA season, a clause in the contract had been triggered to extend that contract another year. On top of that, in an earlier, unrecorded call between Abbamondi and Rapino, the Ticketmaster CEO suggested that they should be given the chance to counter any offer Barclays received. Abbamondi said he tried his best to respond in a “noncommittal” way, but the implication was that Rapino might have seen it differently.

The jury will have to decide whether the threats Abbamondi and Helgerson described were really as menacing as they believe, one of many factors that will determine whether Live Nation-Ticketmaster should face penalties — including the possibility of a breakup.

In one text exchange, Live Nation executive Patti Kim, a friend of Abbamondi’s, wrote that he should “think about the bigger relationship” with Live Nation, not just who’s writing the bigger check. She added a winky face. “That was my friend saying, ‘you know what I mean,’” Abbamondi said. This week, the jury is expected to get the chance to hear from the rival allegedly offering those bigger checks: SeatGeek CEO Jack Groetzinger.

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