Monday, January 23, 2012

N.J. congressman calls for investigation of Live Nation’s secret deals with Meadowlands

N.J. congressman calls for investigation of Live Nation’s secret deals with Meadowlands

U.S. Rep. Bill Pascrell Wednesday called for a federal investigation into reports the nation's largest concert promoter was secretly paid more than $2.9 million to book acts into the Meadowlands.

Pascrell (D-8th Dist.), a longtime critic of Live Nation — which negotiated the so-called incentive agreement — said the company has too much control of the market.  (Sherman and McGlone)

2 comments:

Anonymous said...

Another reason why our failed Sports Authority should be disbanded and the Meadowlands complex should be leased to private entities. They will find a way to make a profit - something which eludes NJSEA.

Anonymous said...

Did the concerts make money for the state? If the concerts went somewhere else, how much incremental revenue and profit would the Meadowlands have lost?