As you might have read, TM/Live Nation is rolling out a form of “dynamic pricing” in the near future. This is not at all surprising, as it’s been discussed and rumored for quite a while. But it does give me an opportunity to say a few things about dynamic pricing that we’ve covered before, but [...]
The news is that Live Nation has joined a handful of companies and funds in an attempt to acquire Warner Music. You might have heard this. Roughly speaking, the rationale for the acquisition is the same as the Ticketmaster tie-up a couple years ago: the company would be vertically integrating by bringing the label and [...]
Here’s the news: AEG, owners of Staples Center, several MLS teams, arenas around the country and major promoter of concerts through its AEG Live division, is leaving Ticketmaster. Back when the LN-TM merger was approved, AEG got the right to license the TM software rather than be a full-fledged TM customer. This wasn’t a bad [...]
A few weeks ago, someone asked me what was going to happen with the concert business. Clearly, with a lot of artists out on the road and many of them having lukewarm (and I’m being generous there) demand, something had to give. Sure, prices will (and did) come down, but structurally, that doesn’t change the [...]
If you’re in the live entertainment business, yesterday’s piece in the NYT is a must-read, if for no other reason than to get a good background on the biggest organization in our business. And while you’re at it, you might as well read some of the reactions: Jerry Del Colliano at the Inside Music Media [...]
Who am I all of a sudden? A headline writer for the NY Post? The merger I’m referring to is the Live Nation-Ticketmaster one, and the ‘mayhem’ is the fact that CTS Eventim is suing Live Nation, saying that LN is not living up to the agreement it made before the merger to use CTS [...]
You’ve heard the Jefferson quote about trading security for freedom? Strangely, that seems to be the issue with Live Nation’s new alternative ticketing method. Live Nation seems to be making Live 2.0 headlines a lot these days, and this time it’s for the introduction of wristbands as an alternative to paper tickets. Here’s a snippet [...]
Here’s the news: Live Nation is laying off about 20% of its workforce. According to the article, “The cuts are being made to the accounting, marketing and talent buying departments in the company’s Atlanta and San Francisco offices. Some of the company’s primary and secondary ticketing staff may also face job cuts.” And here’s my [...]
Here’s the news. The basic deal is that as part of the smoothing of the past for Live Nation to merge with Ticketmaster, they had to divest Paciolan, which Ticketmaster bought a couple years ago. Here’s my take on this. Wow, Comcast is getting serious. I was at the Montgomery Technology Conference yesterday and bumped [...]
Done deal. And as we discussed, there’s some quid pro quo for both Comcast and AEG. Specifically, AEG gets to license the Ticketmaster software. After five years, AEG can either buy it or dump it for somebody else. In other words, AEG gets to run TM software but pretty much own it. TM makes some [...]
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