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Ticketmaster and Live Nation Battle To Fill Void Left By Labels

12/1/08, 12:31 pm EST

Photo: Getty

When Live Nation announced they would be launching their own ticketing initiative, many in the industry thought that would mean the end of Ticketmaster. Instead, Ticketmaster struck back by buying an interest in Front Line Management, essentially putting them in competition with Live Nation not just for concert ticketing but also for album sales, downloads and merchandising opportunities. “It’s a seismic shift, in terms of what’s occurring with the retail of tickets,” says Jim Guerinot, manager of Nine Inch Nails and Gwen Stefani. “But it’s far bigger than that. It’s going to develop into a seismic shift in the selling of music.” Click below for more on the war in the industry that will likely determine the future of how fans get to hear and see their favorite bands.

Ticket Battle Shakes Music Biz

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Comments

Dalton Priddy | 2/4/2009, 12:50 pm EST

It seems like a new music industry cartel in the making. When you add Ticket Master, Live Nation, Front line Management together you get Springsteen, the Eagles, Garth Brooks and many more Heal the World Artists doing exclusive deals with Wal-Mart. Monopoly on ticket sales, CD/DVD sales, is not good for the buying public. These same artists say one thing and do another, just like Wall Street has screwed up and caused a global financial nightmare, we now see the Wal-Mart bands destroying what is left of the music business. A Free Market System is not a monopoly.

cashmerecowgirl | 12/3/2008, 11:36 am EST

The BUILDING might be getting more money then the act thought. Who are we kidding? Everyone acts like TM is the evil doer but the reality is TM gets on average only 50% of the service charge. If I was a building manager I would be scared to death of losing revenue that they already have to fight for.

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