Merger Talk Greeted With Silence By Live Nation 360 Artists

    Bruce Springsteen, perhaps trying to get back a little cred after that regrettable Wal-Mart episode, has already come out against the proposed merger between Live Nation and Ticketmaster. There hasn’t been a lot of protest from other artists, probably because talks are still preliminary and there is a very small likelihood that the deal will actually go through due to the possible creation of a monopoly. One group of artists that have been silent with good reason, though, are those signed to 360 deals by Live Nation. If the merger talk lingers and Live Nation stock continues to rise, acts like Madonna, the Eagles, U2, and Jay-Z stand to recoup money that might well have been lost otherwise. A large part of the 360 deal was tied up in stock, which the artists will soon be eligible to sell. The only problem is that with Live Nation stock in the tank, the company is left to make the discrepancy between the actual and promised selling price (in U2’s case about nineteen million dollars). Though Live Nation says that all payments will be made, it would seem that a healthier stock price would make collecting much more likely. [Idolator]