Sunday, September 14, 2008

bring on the bidding wars.

Live Nation ticketing vs. Ticketmaster Ticketing might be a fun race to watch. SMG - operated buildings [approx. 200] will be the first to transition, though I've read quite a bit on the reluctance of Ticketmaster to go down without a fight. Moriarty (Ticketmaster CEO) claims that the portion of the buildings owned by municipalities is obligated to seek bids. That sounds pretty typical as far as I've experienced, though Rapino, of course, replied that the number of buildings the standard effects is very minimal.

Let's hope [or not] that Rapino's team has put a good amount of effort into development and kink-ironing because we've all seen what double-selling, over-selling, or just plain screwing up can do to an event. I certainly wouldn't allow my building to be the guinnea pig.

bk

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