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How Does Change Come? Gradually, Then Suddenly

Back in April, I made some predictions about changes coming to college sports. (Even if you don’t care about college sports, I think there’s something in this for you, so don’t click "back" just yet.) It’s about how change happens, the way it feels impossible, and then very rapidly becomes inevitable. The gist of this issue is that the NCAA (National Collegiate Athletic Association) has overreached, using its supposed moral authority to maintain a standard of amateurism in college sports...

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Pricing

What Happens When Prices Plummet?

Prince is on a tear. He’s dropped his lawsuit against about 20 of his fans who he accused of selling bootlegged recordings, and now he’s talking about doing shows for $10 a ticket. He’s still a major draw, though it would appear his hit-making days are behind him. He’s richer than astronauts and first-name famous. Not only that, but he’s got artistic and popular cred in abundance. That means Prince does whatever he does because he feels like it, because it meets...

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News

Should Ticketmaster Be Suing Scalpers?

This article details a lawsuit that Ticketmaster has filed against a secondary ticket broker who does business mostly in Massachusetts. The suit is complex, but it seems that the thrust of it is that Higs Tickets uses bots to buy tickets to events and then resells them. I don’t know the details of the case, and I don’t like to speculate about this kind of thing, but my overall observation in this area is this: Traditionally, the relationship between ticketers...

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Pricing

Consider Pricing Simplicity to Avoid Lost Sales

Live Nation wins a lawsuit that was, frankly, a little nutty to begin with. The plaintiff’s claim is that, as a monopolist, Live Nation charged service fees that caused him damages and, therefore, LN should be forced to have an ‘all-in’ pricing model. The judge said, rightly, that the claim of a monopoly was irrelevant, and that whether the fees are added or part of the ‘all-in’ price, the plaintiff would be paying the same and, therefore, there were...

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News

Who’s to Blame? AEG Wanted MJ Healthy, Happy

The basics of this are that MJ’s family sued AEG for hiring the doctor who was convicted of involuntary manslaughter in Michael’s death because the family considered AEG negligent for hiring a doctor they should have known was trouble. AEG had said that Jackson chose Murray, but the jury disagreed: They decided that AEG had in fact hired the doctor, but that AEG wasn’t negligent in doing so. If you recall, the tour that would have been sold faster than...

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