Why Live Nation is buying indie music clubs in in LA

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A concert performance. Photo credit: Pixabay/CC 2.0

Live Nation, the company that owns Ticketmaster and produces big-name concerts, is expanding into the indie scene. Live Nation has bought Spaceland Presents, known for its clubs in Silver Lake, Echo Park, and downtown Los Angeles. Many indie music fans fear that this acquisition will mean a corporatization of indie venues and more expensive ticket prices.