Live Nation is considering taking its self out of the public eye

Back in January 2010, after several months of waiting for regulatory approval both in the UK and the US, Live Nation, the US-based global entertainments promoter, finally got the go ahead to proceed with its takeover of Ticketmaster, the global online events ticketing company.

It paid around $2.5bn for Ticketmaster, and then began the process of integrating four businesses – Live Nation Network, Ticketmaster, Live Nations Concerts and Front Line Management – into one.

The original rationale for the deal was sound – a combined business that would simplify the ticketing process and increase attendance at live shows. But the global economy has not quite fared as well as predicted, particularly in the US and in the UK, both traditionally big markets for live music events, and with the increasing prices of life’s necessities like food and fuel, disposal incomes have continued to drop meaning that sales of concert tickets have been hard hit.

Speculation is mounting, given a report in last month’s New York Post that said Live Nation’s Executive Chairman Irving Azoff is considering taking the company private, and that this could be financed with the aid of a private equity company.

Certainly when times are tough, and a deal has not quite gone as hoped for all sorts of reasons, it’s definitely easier to re-group and move forward without being under the watchful eye of the world’s analysts and public shareholders.