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They will also buy the corpses of their smaller ticketing competitors for the purpose of total destruction thereby locking more vulnerable venues into long term TicketMaster agreements due to lack of choice or just buy the medium-sized venues outright which they already have a portfolio of. Once this all blows over the music industry will be even further consolidated. Only LYV and AEG will remain and the consumer will continue to Precio I May Live Away But I Will Always Call Brooklyn Home Shirt to blame TicketMaster when in reality LN is the only operator in the game.

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If they have access to $2.4B for 12 months and essentially negative revenue (from ticket returns, no new bookings), they’re going to bleed. But how do you suppose they’ll burn through that much cash? It seems like overhead for most of their corporate arms is low when shutdown (via furloughs and contractors). Am I missing something? I just don’t think their expenses add up to Precio I May Live Away But I Will Always Call Brooklyn Home Shirt $2.4B in the next 12m. Also, all of this guess work is assuming they don’t find a way to capitalize on the digital live entertainment sector which they very well might.

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