Yeah, I suppose that’s true, but also Major Band is up against the same near-monopoly because there aren’t many promoters bidding for their shows. When you get

Yeah, I suppose that’s true, but also Major Band is up against the same near-monopoly because there aren’t many promoters bidding for their shows. When you get to the level where you can sell out 20,000 seats, over 2/3 of the promotion is exclusively LiveNation. I guess that’s technically a near -monopsony. Bands would probably argue they’d make more if promotion was itself a functioning market.