Live Nation monopolizes music profits via venues, parking, and ticketing fees
Stephen Starr · STARR Restaurants: Stephen Starr. How a Non-Foodie Built Thriving Restaurants on Gut Instinct · Jun 22, 2026 · at 27:50
Restaurateur and former concert promoter Stephen Starr explains how the economics of concert promotion shifted from ticket margins in the 1980s to Live Nation's modern ancillary model.
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“Nowadays, the act gets everything, and then the promoter, which is really basically one promoter, Live Nation now, they own a lot of the venues, they get the parking, and they, because they own Ticketmaster, they get that ticket charges.”
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