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...The group made 80 per cent of its net revenues from media rights, including broadcast deals, with the remainder coming from live events and the sale of merchandise....
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...Live Nation understands this better every day....
...“The all-in price is the price of admission, and that ought to be the first thing a fan sees,” Joe Berchtold, president of Live Nation, Ticketmaster’s parent company, told a US Senate hearing last month....
...A version of this article was first published by Nikkei Asia on March 8, 2023. ©2023 Nikkei Inc. All rights reserved....
...Fans of Bruce Springsteen were furious when charged steeply for tickets by Ticketmaster, a brand of US-listed Live Nation. Another strategy is to raise gate prices and reduce annual membership fees....
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...Nation-Ticketmaster merger under certain conditions — specifically, that Live Nation would not force concert venues to use Ticketmaster....
...We live, we are told, in the era of a new Washington consensus in which nation-centred industrial policy plays an unabashed role....
...Her face, like those of millions of talented young people in fast-urbanising African nations, had been pressed up against the glass of a modern, consumerist society....
...It was not immediately clear whether the company will continue to sell existing signature shoes and merchandise bearing the athlete’s name....
...It is also hard to imagine an app as thoroughly embedded in popular culture being erased from our lives overnight. Except, maybe, in China....
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