I’m extremely excited to announce the Goldstar Advisory Board, which is composed of three of the smartest, most successful and positive people I know: Matt Coffin, founder of Lowermybills.com and general entrepreneurial genius, Sean Moriarty, former CEO of Ticketmaster and in my book the most knowledgeable person in the entire ticket business, and Neil Patrick [...]
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 [...]
In New York, the state government has continued to pass laws directly related to ticket resale. This time, it’s “guaranteeing the right to a paper ticket.” Here’s the story and here’s a snippet: “With little fanfare this month, New York State bucked a show biz trend pushed by Ticketmaster and megastars Bruce Springsteen and Miley [...]
So I have just returned from the Broadway Spring Road Conference in NYC, where I had been invited to join the very first panel of the conference, which was about pricing. One simple word with so much complexity. A million ways to die, as Bond or a Bond-like character might have said. But I wasn’t [...]
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 [...]
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 [...]
Here’s the news: The FTC has told Ticketmaster to refund those consumers who bought tickets to 14 Bruce Springsteen concerts last year. What happened was that since Ticketmaster had acquired secondary market seller, Ticketsnow, the company was passing ticket buyers over to Ticketsnow when its full price tickets had been sold. The result is that [...]
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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