Other Sites
Previous 5 Entries
I Need to Write More!!!
Yea, I know that I am in desperate need for an update..... and so much has happened since the turn... (more)
2008 Can Go Nowhere But Up... Barf Free Too, I Hope!
I figure taht 2008 has nowhere to go but up and can do nothing but get better! Why you might... (more)
Ticketing Meltdown for '08 Beijing Olympics
Yeah, I know I am weeks late writing about this, and I've even written about other things in the mean... (more)
Under the Heading... "Good Luck, But Don't Hold Your Breath!"
So I am reading the usual sources today and I come across this article at News.com. It's about a group... (more)
Under the Heading... "Good Luck, But Don't Hold Your Breath!"
So I am reading the usual sources today and I come across this article at News.com. It's about a group... (more)
I Need to Write More!!!
Yea, I know that I am in desperate need for an update..... and so much has happened since the turn... (more)
2008 Can Go Nowhere But Up... Barf Free Too, I Hope!
I figure taht 2008 has nowhere to go but up and can do nothing but get better! Why you might... (more)
Ticketing Meltdown for '08 Beijing Olympics
Yeah, I know I am weeks late writing about this, and I've even written about other things in the mean... (more)
Under the Heading... "Good Luck, But Don't Hold Your Breath!"
So I am reading the usual sources today and I come across this article at News.com. It's about a group... (more)
Under the Heading... "Good Luck, But Don't Hold Your Breath!"
So I am reading the usual sources today and I come across this article at News.com. It's about a group... (more)
September 29, 2006
Ticketmaster Argues with its Largest Client, Live Nation
Posted by goodman on September 29, 2006 1:35 PM
|Digg
|Del.icio.us
|Reddit
|SphereIt
|StumbleUpon
There was an article in the Los Angeles Times a couple of days ago about Ticketmaster and their negotiations with their largest client, Live Nation.
While it is an interesting article, and it does touch on the salient points: this could be a negotiating tactic, it has been in the past; high prices are hurting the industry, lower prices will grow the revenue base; information about the customer is valuable.
What I wish it delved into more, but at least it did gloss over it, is that Live Nation owns it's own ticketing system (albeit an older one that it inherited from the acquisition of a promoter that ran a regional system). They also want to start pushing their brand as "Live Nation". A smart thing... you've heard me say it before, "You spent millions on naming rights, why are you telling people 'Get your tickets at Ticketmaster'?"
In the end, I think that little will change. Live Nation will get a much sweeter deal and Ticketmaster will retain the client. Not until there is a significant player in the industry (software/money/resources wise) will there be a threat to Ticketmaster....
While it is an interesting article, and it does touch on the salient points: this could be a negotiating tactic, it has been in the past; high prices are hurting the industry, lower prices will grow the revenue base; information about the customer is valuable.
What I wish it delved into more, but at least it did gloss over it, is that Live Nation owns it's own ticketing system (albeit an older one that it inherited from the acquisition of a promoter that ran a regional system). They also want to start pushing their brand as "Live Nation". A smart thing... you've heard me say it before, "You spent millions on naming rights, why are you telling people 'Get your tickets at Ticketmaster'?"
In the end, I think that little will change. Live Nation will get a much sweeter deal and Ticketmaster will retain the client. Not until there is a significant player in the industry (software/money/resources wise) will there be a threat to Ticketmaster....