Live Nation gets close enough to look Dolans in the eye
Live Nation, the Los Angeles-based concert promoter that’s moving into everything from recordings to merchandise, has signed up its latest ticketing partner, the Roseland Ballroom in New York City.
Live Nation’s first big ticketing deal last month was a massive national deal with SMG with potential of up to 10 million ticket sales. But the deal with Roseland is still worthy of note.
Firstly, it’s a key mid-size music venue in New York and has hosted the likes of Madonna, Dave Matthews Band and Coldplay in the last few years and was previously serviced by Ticketmaster, Live Nation’s soon-to-be-ex ticketing partner.
Secondly, this deal means Live Nation execs are getting closer to Cablevision’s New York City empire of live venues like Madison Square Gardens and Radio City Music Hall.
At an investor conference last month, Cablevision CEO Jim Dolan at first suggested he would consider dumpling Ticketmaster for Live Nation’s new ticketing service. But he was forced to clarify his statement later that day, saying Cablevision and Ticketmaster enjoyed a long and mutually beneficial relationship.