Principal @alliancebernstein Private Wealth / Investor @buscemi @dollarshaveclub @eatbanza @liquiddeath @athleticgreens @drinkcirkul Music biz vet 📍LAX2BNA
@omgsidewalks When you insert a profit motive and shareholder value between essential services and the people who depend on them, the means start to undermine the end.
The origin story of Live Nation being built in 1996 to counter Ticketmaster to then being sold to Clear Channel in 2000 to being spun out 5 years later amid antitrust pressure…to then merge with Ticketmaster 5 years after that is wild.
The merger started at end of Bush and snuck thru early Obama (regulators didn’t understand music biz), and they were largely untouched for 15 years. In that time, people learned A LOT more about how the music business actually works—and LiveNation is now paying the price
Would be an amazing troll if @justinbieber second weekend @coachella set was a copy of his first arena tour set. Purple hi top Supra’s, white denim etc
Imagine if the home computer revolution was marketed on the premise that the Macintosh would replace humans in 12-18 months…and then companies started laying off people because of it