LOSSES SHRINK: Higher ticket fees and the lack of large impairment charges helped fourth-quarter losses shrink at Live Nation Entertainment Inc. Live Nation’s operating losses fell to $64 million from $323 million, while merger partner Ticketmaster turned a $35 million operating profit, reversing a $1.07 billion loss.
REGULATORY HEADWINDS: Merger conditions costing $20 million this year will mean adjusted operating profits will be flat to down in 2010 personal humidifier.
FUTURE OPPORTUNITIES: The combined concert company hopes to benefit from paperless ticketing, dynamic pricing where consumers can pick the seat they want, and selling music and merchandise with tickets.
Summary Box: Live Nation 4Q losses shrink
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