Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

A kinder, friendlier Live Nation Entertainment? Cheaper tickets come with a cost
LA Times ^ | July 16, 2010 | Todd Martens

Posted on 07/16/2010 11:16:51 AM PDT by a fool in paradise

...ticket sales for the top 100 touring bands are down 12% this year, Live Nation Entertainment's major executives went on the defensive Thursday, blaming the press for "scaring" artists from touring and arguing that acts need to alter their pricing strategies.

..."The press," (CEO Michael) Rapino said, has "scared about every artist" out of touring in the fourth quarter. A number of major tours have struggled in 2010, including the refurbished Lilith Tour, and once-can't-miss artists such as the Jonas Brothers have been canceling dates...

Yet the company's top brass did more than point fingers at the media, and promised a leaner, friendlier model for 2011. But first, artists would have to budge on ticket prices, executives said. Jason Garner... "Your guarantee needs to come down."

...Live Nation Entertainment promised that "dynamic pricing," which would add numerous pricing tiers, would be more widely implemented in 2011...

Think of the future of buying a concert ticket not too unlike that of buying an airline ticket, in which the price can go up or down in the days leading up to an event based solely on demand.

...While the lowest third of tickets are indeed cheaper, prices for about half of the house are shown to be rising.

...Yet executives also addressed numerous consumer complaints in a bid to change their company's image. In acknowledging that tickets are often too expensive, Azoff noted that the industry has faced "runaway production costs."

...Rapino promised that numerous consumer-friendly changes were in store. For one, the executive said he would end Ticketmaster's $2.50 charge to consumers to print their tickets with their own ink and computers...

Other changes include the promise to began refunding service fees on tickets to shows that are canceled. Currently, Ticketmaster refunds only the cost of a ticket sans fees...

(Excerpt) Read more at latimesblogs.latimes.com ...


TOPICS: Business/Economy; Music/Entertainment
KEYWORDS: livenation; monopoly; musicindustry; ticketmaster
Navigation: use the links below to view more comments.
first previous 1-2021-23 last
To: swarthyguy
Instead of "Co-Exist" with the hypcritical Islam at the lead, I suggest a "TOLERANCE" sticker with a Christian cross at the beginning, the Islamic crescent near the end, followed by an Enron E.

Just because there were crooks WITHIN Enron does not make it right to condemn all of the employees at Enron who did no harm and lost their retirement savings.

Can't condemn the politics of Islamic theology, right? Co-exist. Tolerance.


21 posted on 07/16/2010 1:47:08 PM PDT by a fool in paradise (I wish our president loved the US military as much as he loves Paul McCartney.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: swarthyguy

I meant to type Politics of Islamic Theocracy.


22 posted on 07/16/2010 1:47:38 PM PDT by a fool in paradise (I wish our president loved the US military as much as he loves Paul McCartney.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: a fool in paradise

Well, I suppose old Al Franken could’ve done a version of

Cheeseburka in Paradise!


23 posted on 07/16/2010 1:52:15 PM PDT by swarthyguy (KIDS! Deficit, Debt,Taxes!Pfft Lookit the bright side of our legacy -Ummrika is almost SmokFrei!)
[ Post Reply | Private Reply | To 22 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-23 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson