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2005 Bordeaux Tasting
I was invited to a tasting of 2005 Bordeaux's tonight by the International Wine and Food Society. It was the... (more)
Cor.kz is Released For Sale in the iPhone App Store!
So a couple of friends/buddies/partners and I have done an iPhone App (opens iTunes) called Cor.kz... It's all about wine!... (more)
Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff luncheon
While I get to go to a lot of cool events due to my "past life" in the concert business... (more)
People Really do Read This Thing!
Who would have ever thought that people actually read this blog/site/thing...? I went to pick up a friend for dinner... (more)
Police to Manage Film Location Security
There is an article in today's Los Angeles Times about security on film set locations. It mentions how most of... (more)
2005 Bordeaux Tasting
I was invited to a tasting of 2005 Bordeaux's tonight by the International Wine and Food Society. It was the... (more)
Cor.kz is Released For Sale in the iPhone App Store!
So a couple of friends/buddies/partners and I have done an iPhone App (opens iTunes) called Cor.kz... It's all about wine!... (more)
Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff luncheon
While I get to go to a lot of cool events due to my "past life" in the concert business... (more)
People Really do Read This Thing!
Who would have ever thought that people actually read this blog/site/thing...? I went to pick up a friend for dinner... (more)
Police to Manage Film Location Security
There is an article in today's Los Angeles Times about security on film set locations. It mentions how most of... (more)
September 29, 2006
Ticketmaster Argues with its Largest Client, Live Nation
Posted by goodman on September 29, 2006 1:35 PM
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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....