Monday, April 3, 2023

Live Nation, PayPal In Preferred Payment Partnership

Los Angeles-based Live Nation Entertainment and PayPal Holdings said this morning that the two are in a new, multi-year partnership, which will make PayPal the "Preferred Payments Partner of Ticketmaster". The deal also includes Venmo, which is owned by PayPal. Financial details of the deal were not announced. The companies said that PalPal Braintree will also become Ticketmaster's primary global payment processor.