The Eras Tour's greatest legacy may be the (possible) breakup of Ticketmaster [CNN]
Live Nation Entertainment, Inc. (LYV)
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Source: CNN
It's impossible to describe Taylor Swift's Eras Tour, which had its final show Sunday, without mentioning its economic superlatives: the highest-grossing tour of all time; a force that gave tourism a shot in the arm around the world; a core memory for millions of fans, some of whom flew around the world and shelled out thousands of dollars to attend. But perhaps one of its more lasting impacts may be the absolute legal hell it unleashed against one of the most despised companies on the planet, Ticketmaster, and its parent company, Live Nation, which could be forced to break up if the Justice Department gets its way. ICYMI: When Eras ticket sales began in the fall of 2022, the Swifties were beyond ready. It had been six long years since Swift had been on tour (for many young fans, that's roughly a third or more of their lifetime). They'd survived a pandemic, the kind of trauma that leaves a person isolated and returning over and over to that one part in “Exile” from the “Folklore”
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