We Are on to Something Here
Two industry deals get worked out, but maybe not in the way planned …
The music industry has always had an ambiguous relationship with Clear Channel — you may have disliked their practices, but no one could deny their influence and ubiquity. The live sound community especially has had an intense link with what had once been the 600-pound gorilla of the concert production business. When Clear Channel tired of some of its entertainment holdings and spun off the concert production business in December 2005 in the form of Live Nation, a couple of interesting strings remained connected. One of those strings just got resolved — sort of — and it really underscores just how important the live music industry has become to the entertainment sector overall.
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