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Home Music

New Kid on the Block: A music monopoly comes to Milwaukee – MATC Times

Story Center by Story Center
May 6, 2026
Reading Time: 2 mins read
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New Kid on the Block: A music monopoly comes to Milwaukee – MATC Times

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Over the last year, you may have noticed a new concert venue in the Deer District, just east of the MATC Downtown Campus. Landmark Credit Union Live is a 4,500 capacity, indoor venue scheduled to host over 70 live events in its first year of operation.

This collaboration between Live Nation and FPC Live brings state of the art sound and immersive fan experiences to a music scene desperate for an upgrade. While many music fans are excited about this addition, industry locals are weary about the impact it will have on the existing businesses.

Save MKE’s Music Scene is a coalition of independent venue operators and supporters, including the Pabst Theater Group and The Rave, formed to oppose the development of Landmark Credit Union Live. In an interview with the BizTimes in 2022, Craig Peterson, executive director of the group, voiced some strong opinions about the venture. He said, “Live Nation is just like Walmart…they come into a community with uncompetitive pricing, put the independents out of business, shutter neighborhood businesses and displace workers. The only difference is Walmart doesn’t charge outrageous service fees to enter their buildings. Live Nation/Ticketmaster does.”

Executive Director of Milwaukee Turners Inc, Emilio De Torre, voiced similar concerns explaining, “The Live Nation proposal is a direct threat to the future of the Turner Hall Ballroom…they want their artists and concert tours to appear in their venues, which cuts out the independent venues.”

Local venues aren’t the only ones concerned with the business practices of Live Nation. Law enforcement officials nationwide are stepping in to level the playing field.

On May 23, 2024, the Department of Justice announced its antitrust lawsuit against Live Nation Entertainment, accusing the company of monopolizing the live event market. The DOJ was joined by 28 state attorneys general, as well as the attorney general of the District of Columbia in the lawsuit.

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On Thursday, March 5, 2026, the Department of Justice and Live Nation Entertainment reached a tentative settlement which requires Live Nation to create a $280 million settlement fund for participating states. It also requires Live Nation to divest from 13 of its exclusive booking agreements with amphitheaters and limit fees at 15% of face value. Live Nation would also have to open parts of its platform to other companies. A federal jury ruled on April 15, 2026, that Live Nation acted as an illegal monopoly, abusing its power over major concert venues and Ticketmaster’s ticketing.

How these rulings will affect Milwaukee’s independent venues is yet to be determined. A report produced for the Wisconsin Center District argues that the Miller High Life Theatre should be demolished due to competition from the new Live Nation venture. Some state that this suggestion is just another lobbying tactic by Live Nation in order to control the local music market. Others feel that the space could be better used for a modern hotel that serves the needs of Milwaukee’s growing convention market.

Change is necessary, but Milwaukee stakeholders continue to work towards a balance between innovation and preservation. Stay tuned…

‘ The preceding article may include information circulated by third parties ’

‘ Some details of this article were extracted from the following source matctimes360.com ’

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