Walmart is a gigantic corporation. Now that Live Nation and Ticketmaster have merged into Live Nation Entertainment, Inc., they have also become one gigantic corporation. It only makes sense that two gigantic corporations would begin to mingle.
As Bloomberg reported late last week, shoppers can now purchase their event tickets at the checkout counter:
Feb. 12 (Bloomberg) — Wal-Mart Stores Inc., the world’s largest retailer, reached an agreement with Live Nation Entertainment Inc. to sell tickets to concerts and other events at about 500 stores.
Wal-Mart and Live Nation’s Ticketmaster will introduce the service in the next few months in cities including Chicago and Los Angeles, according to excerpts of remarks Live Nation Executive Chairman Irving Azoff made today in Dallas.
According to Bloomberg, Walmart’s stocks are slightly down, but Live Nation’s stocks are up. Perhaps we should consider stopping at the massive “supercenter” the next time we need tickets to a gig, some groceries, and an oil change.
