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Trading One Risk for Another

The Fed is proposing new rules to allow big banks to hold billions less in capital. The reason? To keep lending from migrating to private credit. Interesting timing. Private credit is having a moment. Blue Owl halted redemptions. Western Alliance is suing Jefferies. Investors are nervous. So…the plan is to make banks safer by…letting them […]

Must Be Nice Not to Know: Michael Rapino’s Testimony in NYC

Michael Rapino took the stand in Manhattan today. The Live Nation CEO had a simple answer for a lot of questions: I don’t know. The 2016 email where he admitted fees were too high? “I don’t remember that.” The Slack messages where employees joke about robbing fans blind? “I only learned about them last week.” The service […]

The Broker Debate: Three Voices…More Than One Truth?

This started on Tuesday. Randy Nichols drew a comparison between bootleggers and ticket brokers. (As the grandson of a famous Georgia bootlegger, I took no offense.) “The carry inventory, risk, need to deal with forecasting,” he wrote. “But at the end of the day, they aren’t a partner. They’re stealing.” Josh Ludwig jumped on that […]

Even if the States Win, Will It Be Enough?

Thirty-six states and DC returned to the courtroom Monday. They rejected the DOJ’s settlement. They hired a rock star of antitrust. They are presenting evidence. And the evidence is brutal. Bob Roux, Live Nation’s president of US concerts, took the stand on Monday. He claimed “more competition than ever.” He denied blocking artists from non-Ticketmaster […]

THE STRATEGY STACK: STRATEGIC HEALTH SCORECARD

Hi. I’ve shared two frameworks with you:’ Today, I want to give you a gift to start putting these ideas to work in your business. The Strategy Stack: Strategic Health Scorecard. How Healthy Is Your Strategy? Have you ever had the feeling? Something isn’t right. Revenue is steady. But it is harder to meet your […]

How I’d Like to Help You This Year

I deliver original, insightful content every week. Once a quarter, I do a self-serving update about how I can help you. 5 Ways I Deliver Value There are 5 ways you find me. In no particular order: Here’s what each looks like in practice. Strategic Advisory I work with leaders who feel Strategic Drift. Revenue […]

Why I Keep Writing About Live Nation

What Talking Tickets is about for readers, old and new. Why Live Nation? Why Now? I’ve been writing a lot about Live Nation over the last few days. The trial. The secret settlement. The unsealed documents. The David Marcus reply on LinkedIn. It’s a lot. Especially since I don’t really ever write about or think […]