A fierce battle has broken out among top executives at Live Nation Inc. over the concert-promotion company's ambitious strategy to reshape the struggling music industry by making wide-ranging but expensive deals with artists such as Madonna and Jay-Z.In related news, last year's renaming of Philly's TLA to The Fillmore has been reversed. Maybe Irving Plaza will get its name back too.The battle is over the limits of that strategy, in which Live Nation has pledged hundreds of millions of dollars to a handful of performers in return for exclusive rights to release their recordings, promote their concert tours and sell T-shirts and other merchandise bearing their images.
Having laid out so much cash -- an estimated $120 million for Madonna and $150 million for Jay-Z alone -- Live Nation Chief Executive Michael Rapino has sought to slow the pace of deal making so he can ascertain that deals already struck are working before entering new ones. But the company's chairman, concert promoter Michael Cohl, wants to quickly strike deals with as many as 15 more artists. [Wall Street Journal] (thx adam)
Comments (9)
Leave a Comment
PLEASE NOTE: If your comment does not appear immediately, it will show up shortly.
Recently
Recent Comments
- Scout Niblett released a new LP (TLC cover included), touring w/ Dope Body who have other shows too (dates & videos) (1) Anonymous wrote: !!! she's great... [more]
- Judge reunited at Black & Blue Bowl (video), added to This is Hardcore in Philly with Kill Your Idols & more (line-up) (72) D wrote: Oh now it works, haha.... [more]
- Kill Your Idols announced as part of Black & Blue 2013 (167) D wrote: BV why are you preventing people from viewing the 70 comments on th... [more]
- watch Queens of the Stone Age perform their new album live (2) Anonymous wrote: I am more interested in The Bruins.... [more]
- Cops raid TGI Fridays, Applebee's, Ruby Tuesday & other NJ bars for selling cheap alcohol as 'top shelf' (18) Anonymous wrote: touring bands know that they can find their favorite vegan dishes, ... [more]
- Chance the Rapper Northside show announced (tix on sale); Earl Sweatshirt has a new song (listen) (1) D wrote: When did "rappers" start dressing like Midwestern transplant/Boston... [more]
- Mermaid Parade updates: Bowery benefit lineup expanded, 2013 king & queen chosen & more (2) Anonymous wrote: they have incontinent, naked octogenarians with leprosy walking dow... [more]
- Kurt Vile & The Violators played Bowery Ballroom with Angel Olsen and Steve Gunn (pics); playing Letterman tonight (29) Anonymous wrote: @4:14. What a liar. Zanghi is not legally deaf- he should sue u for... [more]
Recent Galleries
-
The National played Mercury Lounge (pics & setlist)
-
Foxygen, Amen Dunes, LODRO & Prince Rupert's Drops played first BV-curated RBSS show at the Knit (pics)
-
Phoenix played The Apollo with Blood Orange (pics, setlist)
-
Coachella Weekend 2 Day 3 in pics (Ghost BC, The Three O'Clock, DIIV, Thee Oh Sees, Nick Cave, Grimes & more)
Most Popular
- Cops raid TGI Fridays, Applebee's, Ruby Tuesday & other NJ bars for selling cheap alcohol as 'top shelf' (18)
- Titus Andronicus playing Maxwell's before Pier 84 (dates) (3)
- Judge reunited at Black & Blue Bowl (video), added to This is Hardcore in Philly with Kill Your Idols & more (line-up) (74)
- Destroy This Place (ex-Thunderbirds Are Now!) released their second album, touring (dates, LP stream) (3)
- Mermaid Parade updates: Bowery benefit lineup expanded, 2013 king & queen chosen & more (2)
- watch Queens of the Stone Age perform their new album live (2)
- Micachu & the Shapes made videos for every song on 'Never', opening for AnCo, playing LPR, dropped off Warm Up (dates) (10)
- Kill Your Idols announced as part of Black & Blue 2013 (167)
Browse Categories (or Browse Tags)
Blogroll
Blogroll Links
- Todd P
- BV Austin
- Stereogum
- BV Chicago
- Thighs Wide Shut
- music snobbery
- done waiting
- Invisible Oranges
- Blabbermouth
- largehearted boy
- gorilla vs bear
- chromewaves
- my old kentucky blog
- You Ain't No Picasso
- The Bergstrom
- Muzzle of Bees
- La Blogoteque
- Daytrotter
- Fluxblog
- Nah Right
- RCRD LBL
- Arjan Writes
- Free Williamsburg
- Hype Machine
- I Guess I'm Floating
- Hipster Runoff
- An Aquarium Drunkard
- The Daily Swarm
- Boing Boing
- Brownstoner
- Gothamist
- Curbed
- Gawker
- WFMU
- WNYC
Colophon
- Twitter.com/BrooklynVegan
- Twitter.com/AllBVposts
- Twitter.com/BVTicketsOnSale
- Twitter.com/BVNYCShows
- Twitter.com/bvCMJ
- Twitter.com/bvSXSW
- Twitter.com/bvComedy
- Twitter.com/InvisOranges
- Facebook.com/BrooklynVegan
- Facebook.com/BrooklynVeganChicago
- Facebook.com/BVAustin
- Facebook.com/InvisibleOranges
- Instagram.com/BrooklynVegan
- Instagram.com/BVChicago
- Instagram.com/BVAustin
- Instagram.com/InvisibleOranges
- MySpace
- MySpace.com/BrooklynVegan
- NEW.MySpace.com/BrooklynVegan
- Feeds
- RSS
I was at the TLA for Swerevdriver on Saturday..Except for a few framed paintings where the merch tables used to be, I didn't notice much difference.
Posted by Anonymous | June 12, 2008 11:32 AM
Doesn't matter because here in Philly everyone still referred to the TLA as "the TLA". Up yours Fillmore/ Live Nation!
Posted by Anonymous | June 12, 2008 11:45 AM
yea always been the TLA to me. Although i noticed they kept making the TLA sign smaller and smaller, guess not so much now.
Posted by Anonymous | June 12, 2008 11:51 AM
"Maybe Irving Plaza will get its name back too."
It's still Irving Plaza to me.
Posted by Anonymous | June 12, 2008 12:10 PM
It's always been T & A to me.
Posted by Anonymous | June 12, 2008 12:32 PM
Hey hey hey good bye
Posted by Anonymous | June 12, 2008 1:08 PM
Always the TLA and Irving Plaza, that Fillmore crap was ridiculous.
Posted by Deb | June 12, 2008 1:56 PM
"But the company's chairman, concert promoter Michael Cohl, wants to quickly strike deals with as many as 15 more artists."
DAFT PUNK!
Posted by Anonymous | June 12, 2008 8:08 PM
But what does it mean for fans? Gawker had a post suggesting that these artist deals lead to more homogenization (“The Future of the Music Industry is 15 Pop Bands”).
As for the TLA... there's more going on. check out my post on the “McFillmore.” (www.livenationsucks.net)
I work for UNITE HERE, a union that has a labor dispute with Aramark. Aramark does food service for Live Nation. So I found some stuff out about Live Nation. Like in 2009, Live Nation will start its own ticketing service to rival Ticketmaster…
Posted by FK from UNITE HERE | June 16, 2008 7:43 PM