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Ticketmaster Loses No. 2 Customer SMG to Live Nation

in News on September 11, 2008 at 8:06 am PT

Live Nation (LYV) is taking on Ticketmaster (TKTM) is the music ticketing market, and it is off to a rousing start. This morning, Live Nation announced an exclusive deal to sell tickets for music event company SMG, a subsidiary of the publicly-traded investment fund American Capital (ACAS). According to the announcement from the two companies, SMG is “the world’s leading venue management company.”