News
Live-music titans building China strategies
There’s nothing like 1.3 billion potential ticket buyers to attract the attention of the live entertainment business. With the world’s largest population and an exploding economy, China may represent the future for international touring artists. That’s why the three biggest players in the U.S. live entertainment business — Live Nation, Anschutz Entertainment Group (AEG) and Ticketmaster — have all staked claims in China. It’s virgin territory. “In China you have a huge potential market, a clean slate and opportunities you don’t see in more mature markets,” Ticketmaster CEO Sean Moriarty said. “There is no established way of doing business yet,… Read more »