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Re: A fresh tickemaster argument.
From: "Brian Wright" <lump_16@hotmail.com>
"So whats stopping individual concert venues from setting thier own price
and selling thier own tickets online?"
They *need* Clear Channel. Clear Channel controls promotion and has all the
major talent in their control. The one thing the venues need to draw
customers is talent. In some cases (as in Boston), Clear Channel has an
equity interest in the venue.
In Boston we had a promoter called The Don Law Company. Don Law was in the
process of setting up his own ticket distribution network to rival TM in
this market. It is called Next Ticketing. But a funny thing happened on
the way to Don Law competing with TM, Clear Channel bought Don Law out.
Next Ticketing still exists, but is used only for clubs, museums and other
minor acts.
"If it all comes down to Clear Channel what's so evil about them? (Besides
banning songs after 9-11) I know thier a monopoly'ish company themselves
owning a few thousand radio and tv stations in the country. Why is it thier
say in what ticket prices should be?"
Good point.
They are THE most powerful player in the live entertainment market in the
US. They are more powerful than the bands, TM, brokers, etc. The major
bands must use Clear Channel or they can't mount a national tour in the big
arenas.
I am saying that since they are the most powerful player, they have the most
say in setting prices on the supply side. Of course, we have the most say
in setting prices on the demand side but we are not organized. And (maybe
most importantly) we have money and are willing to spend it. This fact is
the other 'villan' in the high price drama, but it is harder for me to blame
the customer. I am a liberal, remember :-)
Jeff
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