As if redundant and limited play lists of crappy bands on the radio isn't bad enuf, catch this, music lovers:
Equally as worrisome is the Live Nation/Clear Channel merger/acquisition and Live/Nation's purchase of MusicToday/Red Light Management in late 2006. In essence, this giant, in many towns (DC included and exacerbated IF they get their HardRock Hotel permits for DC) will own:
Control of the talent (Mangement of bands thru Red Light)
Touring (thru LittleBigMan and xray touring)
Ticketing - thru facility/booking with Live Nation
CDs and Music downloads (digital music/MusicToday)
Radio play (Clear Channel's tv/media-PR/radio ownership)
on-line ticketing (both LiveNations and MusicToday)
merchandising (order fulfillment/MusicToday/venue concession %)
In essence, Live Nation will decide which bands play DC; what the ticket price is; and what bands will succeed due to media exposure/radio/tv play time.
Independent club owners won't get a shot at booking Live Nation bands if Live Nation has their "own" facility in that town; and if they do, they have to pay a premium fee and/or larger % of the night's proceeds and merch sales. Where's the Dept. of Justice/FCC/ and FTC NOW? Thoughts or more info?
Check out Wikipedia for Clear Channel/Live Nation:
"Top executives
* Lowry Mays - company founder, chairman; also Director of Live Nation
* Mark Mays - son of Lowry Mays, chief executive officer, president and chief operating officer; named CEO after serving as interim CEO since his father underwent surgery to treat a blood clot and bleeding in his brain; also Vice Chairman of Live Nation.
* Randall Mays - son of Lowry Mays, executive vice president and chief financial officer; also Chairman of Live Nation.
* John Hogan - president and chief operating officer, Clear Channel Radio
* Tom Hicks, Clear Channel's former vice-chairman, is a past donor to Bush's political campaigning. The two were at the centre of a scandal when Mr. Bush was governor and when Mr. Hicks chaired a University of Texas investment board that awarded large investment-management contracts to several companies close to the Bush family - including the Carlyle Group, on whose payroll Mr. Bush had been until weeks previously.
LittleBigMan.com
Musictoday.com
Redlightmanagement.com
http://phx.corporate-ir.net/phoenix.zhtml?c=194146&p=irol-irhome http://www.musictoday.com/about/artistServices.asp