Wednesday, February 11, 2009

Forbes Article with Randy Phillips of AEG Live

http://www.forbes.com/2009/02/09/aeg-live-nation-ticketmaster-business-media-0209_aeg.html

"The sweet spot in touring going forward is going to be the 5,000- to 7,000-seat theaters. I think the consumer would rather spend more money on something that means something to them in a more intimate setting."


"That was the genesis of AEG Live, so that we could have control over the programming of our buildings."

Related Article on Merger
http://www.forbes.com/2009/02/04/live-nation-ticketmaster-business-media-0204_tickets.html?partner=whiteglove_google
"A combined Live Nation-Ticketmaster will face high-profile headwinds from an Obama Justice Department inquiry into whether the new company would constitute a monopoly in the struggling music industry."


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