Written by S. Monteban    Friday, 23 July 2010 19:26   
Live Nation Entertainment CEO Snipes at Secondary Ticket Market, Investors and Pollstar

altLive Nation Entertainment's (LYV) Irving Azoff seems to have had it up to here with the secondary ticket business. In a recent CNN interview Azoff let it fly:  "There's always going to be ticket brokers, secondary ticket business," he said. "But they have no skin in the game, they're not the guys putting tens of millions in."


The brash CEO has seen heavily declining ticket sales and the company's 2009 revenue was way  below expectations at $365 million from $450 million the year before.

In the interview he also slammed investors who have been bailing out and driving the price down 20 per cent as "short-sighted" and also pegged the press for scaring artists into rethinking their marketing strategy.

Not yet finished... he also went after Pollstar attacking the company's methodology for concert stastics, claiming it was based on simply "calling up tour managers."
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