Live Nation said Monday that its net income fell by half to $69 million. That happened even as better sales of concert tickets sent revenue up 14 percent.
Ticketmaster's net income increased more than a third to $13 million. Revenue rose 3 percent.
Combined, the companies spent nearly $12 million in merger expenses in the quarter.
The companies are awaiting a U.S. Justice Department ruling on their plan to create a concert-promoting and ticketing giant. British authorities came out against the deal last month. The British plan to issue a final report by mid-January that could force the companies to sell divisions or make other concessions.
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