Live Nation CEO: Live entertainment is a very scarce commodity
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Live Nation CEO Michael Rapino discussed the evolving music and entertainment consumer landscape, focusing on concerts, ticket pricing, and scalping. He emphasized the scarcity of live entertainment as a commodity.
November 13, 2024 | 1:30 am
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Live Nation's CEO Michael Rapino emphasized the scarcity of live entertainment, which could suggest strong demand and potential revenue growth. Discussions on ticket pricing and scalping may impact future pricing strategies.
The CEO's emphasis on the scarcity of live entertainment suggests a strong demand, which is positive for revenue growth. Discussions on ticket pricing and scalping indicate potential changes in pricing strategies, which could further enhance profitability.
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