Live Nation rocks the music industry

Michael Rapino, CEO of Live Nation, is turning the music business on its head. The new company, a spin-off from Clear Channel Communications, plans to generate revenues from all aspects of an artist’s career. Rapino recently acquired Signatures Network and is planning to fire Ticketmaster, then build a network to sell tickets direct to fans.

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One comment

  1. Radiohead head says:

    It's high time someone started a revolt against the mega-big ticket aka TicketMobster ! Where is Live Nation going to get the bands though – they mostly deal with mid-tier bands, not like the tons of small bands on myspace and playing right next door : http://gruvr.com/

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