While our regular readers ask me that question all the time, another group of people is just as curious about the answer — Wall Street.
Clem Chambers from the investment website ADVFN offers a guest commentary in Forbes Magazine about his ideas for the real winners and losers in the entertainment industry shakeout. While he’s not sure how the big players like record labels and movie studios will fare in a world where file sharing runs rampant, he loves the prospects for event production companies like Live Nation and hardware manufacturers like Sony.
After all, audiences still love to see bands perform live, even if they’re swapping files on their new VAIOs.
Technorati Tags: music+business, live+nation
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[…] company formed from the ashes of Clear Channel, the shell of SFX, and the brain of MusicToday. Clem Chambers called it months ago: by leveraging the footprint of the most desirable concert venues in the country with the prowess […]