Billboard getting a new owner
Nielson is selling Billboard, The Hollywood Reporter, Adweek and others to the investment group E5 Global Media. When I first heard this story yesterday AM, I thought they were closing all of these magazines. It will be interesting in the months ahead to see what the new owners will do with these trade publications that most of us read on a regular basis. Nielson is closing Editor & Publisher. This makes me a little sad. When I was a senior in college and starting to look for a job, I read E&P every week. I remember scanning their employment section hoping one of the great newspapers in this country might hire a young college graduate.
Aspen Live Conference
The annual Aspen Live Conference is taking place this week in Aspen. I am looking forward to hearing reports from the conference. The attendees at this conference seem to have a pulse on what is happening in the live event industry. In particular, I would like to hear what they think is going to happen with the lack of tickets being sold and the trend for 2010.
Feedback from: ”Do You Really Know Your Business” posted December 2, 2009
I had a similar discussion with a colleague of mine while we were working the load-in for Star Wars – In Concert a couple of weeks ago-
You see, by trade, I call myself a “promoter” – but in reality, I make the majority of my income (for now) as an IATSE stagehand. Pulling feeder, bolting truss, unloading trucks in all weather…sure, its grueling work, but my plan isn’t to always be a stagehand. We see the Events Execs gently strolling around the arena (or stadium…or theater) in their expensive shoes and freshly pressed shirts and often wonder how completely out of touch they might be…Certainly, it’s not ALL execs–but how many LiveNation or SMG higher-ups got their positions based not on “what” they know, but “who” they know.
And unless they’ve been in the trenches…sweating it out with the rest of us grunts…how can they possibly understand the full scope of what goes into a production? And to take it a step further- I’m a buyer/promoter for a 400 capacity club…our ticket prices cap out around $15 for the mid-range stuff that passes through my c-market….and I *constantly* hear from ticket buyers how unhappy they are with something as small as a $2.50 service fee (which is minuscule in contract to TicketMasters outrageous fees)…so to sort-of compensate, we make sure that beers are moderately priced and that doors open when advertised and we do a few bigger shows for “no cover” throughout the year as a thank you-So yeah, man…I agree completely. Let’s see some of these suits load in a band in a small club…or wait in line at will call…or pull feeder under a stage in 95 degree August weather… Great post. Jersey Mike