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by dsl 5094 days ago
Effectively. You can still book venues, you just can't sell tickets to your event without Ticketmaster being involved.

A company called Livenation went around about 10 years ago and bought all the venues large enough to hold a profitable concert or show, then a few years back merged with Ticketmaster.

Livenation won't sell you one of their venues. Building a new one large enough to be profitable is near impossible. It's not just a building, its massive parking lots, planning and building commissions, working with local police for traffic management, unions for load ins/outs, getting sizable power feeds from your local utility, multi-million dollar sound systems, concessions contracts, medical services, etc., etc., etc.

1 comments

Does this mean that Ticketmaster runs the risk of overextending itself and collapsing in a heap, the way Clear Channel did after buying up hundreds of radio stations throughout the 90s and early 00s? (ihopeihopeihope)