Editor’s note: This story was updated on March 11 to correct information about how Live Nation is connected to the Maine Savings Amphitheater.

A pending settlement in an antitrust lawsuit against Ticketmaster and its parent company, Live Nation, may lead to the end of an exclusive ticketing contract with the Maine Savings Amphitheater in Bangor.

The Justice Department sued Ticketmaster and Live Nation Entertainment in 2024, accusing them of running an illegal monopoly. The two parties recently reached a tentative settlement in the lawsuit, which DOJ officials touted on Monday as a victory for consumers.

Details of the settlement indicate that Live Nation agreed to let entities other than Ticketmaster sell tickets for some venues. It also would let up to 50% of all tickets be sold through any ticketing marketplace at amphitheaters that Live Nation owns, operates or controls.

Ticketmaster has an exclusive ticketing agreement with the Maine Savings Amphitheater through January 2027. The venue is operated by Waterfront Concerts, owned by Alex Gray.

The settlement also calls for Ticketmaster to cap service fees at Live Nation amphitheaters at 15%, and to divest ownership or control at 13 venues, including the one in Bangor.

Gray said Live Nation does not own Maine Savings Amphitheater.

“They don’t have ownership or control, so I’m getting a new ticketing contract,” Gray said. He said it was not clear whether that new contract would remain with Ticketmaster or shift to another company.

Gray said most of the shows at Maine Savings Amphitheater are also booked through Live Nation. A few, including last year’s shows by The Lumineers and Zac Brown Band, were booked through AEG Live.

A term sheet for the proposed settlement said Live Nation will create a $280 million fund to settle claims or pay civil penalties to states. It also includes an eight-year extension of the company’s consent decree with the Justice Department.

In a statement, Live Nation Entertainment said it was pleased with the settlement that will let other promoters have increased access to multiple markets.

“We have never relied on exclusivity to drive our ticketing business, it has simply been the result of having the best products, services and people in the industry,” said Michael Rapino, president and CEO of Live Nation.

However, attorneys general in many states across the country believe the settlement will not actually break up Live Nation’s monopoly on ticketing. Officials in more than 20 states are opposed to the settlement, including Connecticut, Massachusetts, New Hampshire and Rhode Island, The Associated Press reported.

A spokesperson for Maine Attorney General Aaron Frey declined to comment on whether the state opposed the settlement.

The Maine Savings Amphitheater has a capacity of 16,500 people, according to Architect Magazine.

Gray has a 40-year lease with the city of Bangor, which receives a per-ticket fee. Waterfront Concerts also pays the city for police and fire department services as needed.

Ticketmaster, which was established in 1976 and merged with Live Nation in 2010, is the world’s largest ticket seller across live music, sports, theater and more.