Live Nation and the Department of Justice reached an unexpected settlement in the blockbuster antitrust case — here's what's in the proposed deal.

"Any scenario that left Live Nation with Ticketmaster is a big win for them," said Bill Werde, director of the Bandier Program for Recording and Entertainment Industries at Syracuse University.

After the Justice Department reached a settlement with the concert giant, the judge overseeing the trial asked the states and the company to do the same.