Best quotes by Michael Rapino on Business
Checkout quotes by Michael Rapino on Business
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‟ The touring business is obviously critical to selling records, building fan bases, selling T-shirts, fulfilling sponsorship commitments.
- Michael Rapino
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‟ It's a very competitive market. AEG has a ticketing platform, Stubhub has grown their marketshare, Vivid has come out of nowhere. It's not like venues don't have options. If you're a venue you can pick any ticket platform you want, and we have to provide a better product and win that business fair and square.
- Michael Rapino
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‟ In early days of Live Nation, we really believed it was important to be a direct-to-consumer business, which the labels aren't and no promoter was at the time. By merging with Ticketmaster, we could we give the artist a direct relationship with the fan.
- Michael Rapino
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‟ To be the music company of the future, you have to figure out a way to be a great business and distribution partner of younger bands, midsized bands, and ones that break out, like Arcade Fire.
- Michael Rapino
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‟ We do a big business with our midsized-venue model. We don't need bands to be on the top-ten charts to make money.
- Michael Rapino
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‟ The biggest cost of my business is competition - promoters bidding against each other to get a tour.
- Michael Rapino
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‟ A promoter needs to be in the e-commerce ticketing business. In a fundamental sense the promoter's job is to buy a show and go and market and sell the tickets.
- Michael Rapino
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‟ In my business, the cheaper the ticket price the better. I'd love for more consumers to walk into an amphitheater, park, have a beer and eat a hot dog. There's no advantage to me to have anything but sold-out shows.
- Michael Rapino
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‟ We believe that the Internet is the live concert promoters best friend although it might have crippled the record label business.
- Michael Rapino
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‟ In our business we don't mind if a price of a ticket goes down; our job is to get as many bums in seats as possible.
- Michael Rapino
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‟ As an industry, YouTube and digital content have a huge upside to creation and virally reach fans, and there's a multi-billion dollar business of advertising attached to that.
- Michael Rapino
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‟ We believe being in long-term, deeper relationships with artists is a great strategy, we will be 100% pursuing it. There has never been a debate with Michael Cohl as to whether we should be in the Madonna business or be in long-term relationships, or be in more rights with artists.
- Michael Rapino
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‟ We have not had a ton of innovation and marketing in the concert industry, much like the record industry. We have been a fairly old-school business compared to Coca-Cola and the big packaging/marketing companies.
- Michael Rapino
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‟ Our business model rises or falls on our ability to serve the artists. If others can do it better, the artists will go elsewhere.
- Michael Rapino