talis1115

Is Live Nation's Music Strategy Too Risky?

I feel Live Nation are heading in the wrong direction. Stars like Jay Z and Madonna may look like safe bets but in the music industry things can change so quickly. I see in Daniel F comments that he said Madonna has sold close to 2million copies of her album world wide which is not entirely true. Close to 2 million have been sent to retailers by Warner Brothers but sales are still under 1 million world wide with the USA accounting for only 480k and it has now dropped out of top 30. Her tour is selling well but it is 30% slower then the last tour she went on. I do not feel that investing in an artist like that is a wise deal. Jay Z is yet to do anything of late to say he is worth it either. We will have to wait and see.