In a news story that covers entertainment and politics at the same time (no such thing as politics in the entertainmnent industry right? where’s my sarcasm smiley?), long-time ticket giant tyrant TicketMaster is trying to push through a merger with concert portal LiveNation. The subsequent company (name suggestions anyone?) will make it impossible to be a successful musician without paying TicketNation (simple yet effective) in blood. In theory it sounds convenient to have a one stop shop for your booking manager, promoter, merchandise, and ticket sales, but it sounds vaguely like a MONOPOLY! There will be no alternative if you’re an artist that wants to do live shows and every artist does live shows because CD/digital sales don’t even pay their iPhone bill. It seems pretty obvious that this should be shot down given the glaring anti-trust violation, but stranger things have happened. Luckily satellite radio wasn’t popular enough to corner the market after the XM/Sirius merger. Hopefully Obama and the Boss see eye to eye on this one.
Read the TIME article here.
Lesson of the day: Springsteen. Like a BOSS!
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