5 ms·

Who wants to build a competitor?

s5300 4y ago
The entity you’re trying to compete against has enough money & reach to have your body dissolved in acid & dumped in the Mariana Trench within a few hours if they so feel. The incentive to do so as well. If you’re not already part of the family, your chances of successfully competing against is nil
latchkey 4y ago
Competitor to what, Live Nation? It is a wide range of different businesses. There is nothing to compete with since you're competing with everything. Any time something infringes on one of their areas, they just buy it or put it out of business. Them being a global company makes it impossible to even get started. Case in point, check out Insomniac... Insomniac produces some of the most innovative, immersive music festivals and events in the world. Enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations, theatrical performers and next generation special effects, our events captivate the senses and inspire a unique level of fan interaction. The quality of the Headliner experience is our top priority. Insomniac produces 10,000 concerts, club nights and festivals for seven million attendees annually across the globe. Since its inception, Insomniac's events have taken place in 13 countries across five continents. The company's premiere annual event, Electric Daisy Carnival Las Vegas, is the world’s largest dance music festival and attracts more than 525,000 fans over three days. The company was founded by Pasquale Rotella and has been based in Los Angeles since it was formed in 1993. Little do they tell you... "In 2013, Insomniac entered into a creative partnership with Live Nation." https://en.wikipedia.org/wiki/Insomniac_(promoter) https://en.wikipedia.org/wiki/Insomniac_(promoter) Such a close creative partnership that LN hosts the jobs page for Insomniac... for example... https://livenation.wd1.myworkdayjobs.com/InsomniacExternalSite/job/Calabasas-CA-USA/Insomniac---Software-Engineer_JR-42798-3 https://livenation.wd1.myworkdayjobs.com/InsomniacExternalSi... If your record label isn't in cahoots with these guys, you aren't playing anywhere public. There is nothing that YouTube and TikTok can do to help you there...
- ericwaller 4y ago
  For anyone who wants to take a crack at building a competitor on the ticketing side: https://seatgeek.com/jobs https://seatgeek.com/jobs
  - latchkey 4y ago
    How does SeatGeek get around not owning the venue?
    - ericwaller 4y ago
      Almost as a rule, in the US at least, large multi-purpose venues sign exclusive contracts with their ticketing provider. That means that all events, including any concerts that come through the building, are ticketed by the venue's chosen ticketing provider. While we're probably better known as a consumer app for buying tickets, SeatGeek also builds the full set of software you need to run a major venue. Everything from issuing and managing season tickets for the resident pro sports team, to working with promoters in selling tickets to their national tours and hosting the big, high-demand concert on-sales that accompany them. A big component of our path into the market is that it's often the resident pro sports team that operates the venue and makes the ticketing decision. They tend to be very focused on the fan experience, particularly for season ticket holders, and that's our strong suit.
      - latchkey 4y ago
        Thanks Eric. I'm pretty intimately familiar with the whole industry. I once owned a small (~2k person) club / live music / multiuse venue in San Francisco as well as built a ticketing SaSS for USCF (us cycling federation) sanctioned events. From the club days, I got subtly screwed by Clear Channel on an event once and it really left a bad taste in my mouth. From the cycling ticket stuff, I got to deal with another type of promoter and that was horrible in a lot of ways too. Both businesses eventually failed from external factors. I don't envy your sales team at all.
        4y ago
smt88 4y ago
Lots of people have tried and failed. Live Nation is an abusive monopoly.

The entity you’re trying to compete against has enough money & reach to have your body dissolved in acid & dumped in the Mariana Trench within a few hours if they so feel. The incentive to do so as well. If you’re not already part of the family, your chances of successfully competing against is nil

latchkey 4y ago

Competitor to what, Live Nation? It is a wide range of different businesses. There is nothing to compete with since you're competing with everything. Any time something infringes on one of their areas, they just buy it or put it out of business. Them being a global company makes it impossible to even get started. Case in point, check out Insomniac... Insomniac produces some of the most innovative, immersive music festivals and events in the world. Enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations, theatrical performers and next generation special effects, our events captivate the senses and inspire a unique level of fan interaction. The quality of the Headliner experience is our top priority. Insomniac produces 10,000 concerts, club nights and festivals for seven million attendees annually across the globe. Since its inception, Insomniac's events have taken place in 13 countries across five continents. The company's premiere annual event, Electric Daisy Carnival Las Vegas, is the world’s largest dance music festival and attracts more than 525,000 fans over three days. The company was founded by Pasquale Rotella and has been based in Los Angeles since it was formed in 1993. Little do they tell you... "In 2013, Insomniac entered into a creative partnership with Live Nation." https://en.wikipedia.org/wiki/Insomniac_(promoter) https://en.wikipedia.org/wiki/Insomniac_(promoter) Such a close creative partnership that LN hosts the jobs page for Insomniac... for example... https://livenation.wd1.myworkdayjobs.com/InsomniacExternalSite/job/Calabasas-CA-USA/Insomniac---Software-Engineer_JR-42798-3 https://livenation.wd1.myworkdayjobs.com/InsomniacExternalSi... If your record label isn't in cahoots with these guys, you aren't playing anywhere public. There is nothing that YouTube and TikTok can do to help you there...

ericwaller 4y ago
For anyone who wants to take a crack at building a competitor on the ticketing side: https://seatgeek.com/jobs https://seatgeek.com/jobs
- latchkey 4y ago
  How does SeatGeek get around not owning the venue?
  - ericwaller 4y ago
    Almost as a rule, in the US at least, large multi-purpose venues sign exclusive contracts with their ticketing provider. That means that all events, including any concerts that come through the building, are ticketed by the venue's chosen ticketing provider. While we're probably better known as a consumer app for buying tickets, SeatGeek also builds the full set of software you need to run a major venue. Everything from issuing and managing season tickets for the resident pro sports team, to working with promoters in selling tickets to their national tours and hosting the big, high-demand concert on-sales that accompany them. A big component of our path into the market is that it's often the resident pro sports team that operates the venue and makes the ticketing decision. They tend to be very focused on the fan experience, particularly for season ticket holders, and that's our strong suit.
    - latchkey 4y ago
      Thanks Eric. I'm pretty intimately familiar with the whole industry. I once owned a small (~2k person) club / live music / multiuse venue in San Francisco as well as built a ticketing SaSS for USCF (us cycling federation) sanctioned events. From the club days, I got subtly screwed by Clear Channel on an event once and it really left a bad taste in my mouth. From the cycling ticket stuff, I got to deal with another type of promoter and that was horrible in a lot of ways too. Both businesses eventually failed from external factors. I don't envy your sales team at all.
      - 4y ago

smt88 4y ago

Lots of people have tried and failed. Live Nation is an abusive monopoly.