Saturday, February 28, 2009

LiveNation/Ticketmaster Merger

I've been following the rapid growth of LiveNation for a while, and I've disliked Ticketmaster even longer (I had a $20 service charge for tickets once. ABSURD.)

There was a hearing last week called “The Ticketmaster/Live Nation Merger: What Does it Mean for Consumers and the Future of the Concert Business?” I read the witness testimonies from the hearing, and I thought that Seth Hurwitz (co-owner of D.C.'s famed 9:30 Club) had a great testimony that pretty much summed up why the merger would hurt the music business more than it would help.

Read up HERE.

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