Opinion and analysis of the day's music news.


The Future of EMI
-- After Terra Firma’s loss to Citigroup in a New York courtroom, the prognosticators started thinking about EMI’s future. Here’s a sample:
• “…the court case certainly means that the days of EMI remaining an independent company have been reduced dramatically,” says the Telegraph.
• “If Terra Firma does not invest more equity in EMI, it will have to frantically look for a buyer, or hand it over to Citigroup, which financed the deal,” says the Economist.
• “If (Terra Firma’s Guy Hands) fails to make good those covenants, which could be breached as early as March, Citigroup will take control of EMI and sell it to a rival music group such as Warner Music of the US, which has long coveted the British label,” predicts the Guardian.


Here's How Competing Entertainment Is Pricing Tickets
-- New York Mets have dropped tickets prices an average 14%. Season ticket holders and group buyers will get an additional 10% off. “The economy is a major factor,” said a team official. “You know, we looked at the market, the secondary market and we saw where many of these tickets were selling in the secondary market.” In all, 62% of Citi Field’s seats will have reduced ticket prices.

In addition, the Mets are putting greater emphasis on added value. Renewing Mets season ticket holders have a chance to win the kind of experiences and special access to the team that many touring artists offer to their VIP ticket buyers. These fans will be entered into a drawing for things like announcing the starting lineup and personal fielding lessons from a player.

Why mention the pricing decisions of a professional sports team with a disappointing record? Live music competes with many other forms of entertainment – sports being just one of them – for consumer spending. In a tough economy, consumers are going to be more sensitive to price. To win them, businesses may need to drop some prices and/or deliver extra value. (USA Today)


Clues On Pricing From The Secondary Market
-- Here’s a related tidbit from the Billboard Touring Conference and Awards: StubHub president Chris Tsakalakis said the site’s ticket prices dropped 16% in 2009 and “continue to come down” in 2010 (he did not specific the year-over-year decrease). As the Mets discovered, changes in the secondary market, where prices are more fluid than the primary market, can offer clues on how well supply and been matched to demand.


Officials Go After 'Share' User
-- A man has been arrested in Japan for violating copyright law by distributing online the images of four comic books using software called Share, a closed-source P2P application that is known to hide the identity of its users. The man is suspected of illegally distributing around 550 other copyrighted items. A police official says police have been unable to catch other violators “because of the sheer volume of such violations.” (Mainichi Daily News)

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