Quote:
Originally Posted by DMBstandUP1984
I thought when Live Nation started it was the anti TM? no fees, better s&h options?
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Quote:
Originally Posted by YouNeverKnow25
doesn't ticketmaster own live nation? haven't they always?
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Other way around, and no, that's relatively new. LN did not start as a ticketing company, it's always been a promoter. In other words, they own and/or control venues, pay the bands' advances, advertising for the show etc, and make money buy varying cuts of ticket sales, merch sales, and concessions.
Promoters always sell their own tickets, as well, since they 'own' them, so they've always done that, but it was easier for them to go through TM. For a minute they thought they could just handle most of it themselves, but guess it was easier to just buy TM...