Live Nation's CD Bust
A couple of years ago, I wrote about an emerging trend that would have CDs of live concerts burned and ready for distribution just as the last notes were ringing from the stage. Three companies were vying to get this concept off the ground–a couple of indies and Clear Channel.
Today, Clear Channel is out of the concert business. Its entertainment holdings, ranging from Ozzfest to Jason Giambi's supermarket-opening appearances, are now part of Live Nation, a publicly-traded spin-off venture. It also inherited Clear Channel's CD-burning venture, Instant Live, which has been used on a slew of shows in the last year, including Hall and Oates, O.A.R., Black Crowes, Big Head Todd and the Monsters and The Cult.
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