Ticketmaster and Fuse To Buy AEG?
02/29/2008
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(idolator) Billboard is reporting that Ticketmaster and Cablevision--the latter of which counts Madison Square Garden and the MTV-in-Pull-Ups network Fuse among its holdings--are on the verge of collectively acquiring a 49% stake in AEG Live, the second-largest concert promoter in the United States. AEG's tours--which included Hannah Montana and Bon Jovi--took in $742 million last year, according to Billboard; the ever-expanding Live Nation was in the pole position. According to sources, Fuse is in fact a key part of the deal, and the channel will be aggressively rebranded so that it can show the world that "AEG Live [is] a company now armed with a large media component and the world's largest ticketing company in Ticketmaster." - And wait, there's more! 
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