Comments on: Live Nation’s Loss Is U2′s Gain http://www.atu2blog.com/live-nations-loss-is-u2s-gain/1127/ Sat, 04 Feb 2012 19:54:35 +0000 hourly 1 By: Silvrlvr http://www.atu2blog.com/live-nations-loss-is-u2s-gain/1127/comment-page-1/#comment-139331 Silvrlvr Thu, 18 Dec 2008 23:26:39 +0000 http://www.atu2blog.com/?p=1127#comment-139331 But will Live Nation be in business in 2009 so that U2 can tour? That's the real question. I wondered why they hooked up with them, and clearly the chance for a free $25 million must be the answer. But will Live Nation be in business in 2009 so that U2 can tour? That’s the real question. I wondered why they hooked up with them, and clearly the chance for a free $25 million must be the answer.

]]> By: bostonguy http://www.atu2blog.com/live-nations-loss-is-u2s-gain/1127/comment-page-1/#comment-139220 bostonguy Thu, 18 Dec 2008 18:38:21 +0000 http://www.atu2blog.com/?p=1127#comment-139220 Paul McGuinness is very much in the business of giving Live Nation the business:-) He's certainly earning his 20%. Reminds me of the scene from Goodfellas (narrated by Ray Liotta as Henry Hill): "Now the guy's got Paulie as a partner. Any problems, he goes to Paulie. Trouble with the bill? He can go to Paulie. Trouble with the cops, deliveries, Tommy, he can call Paulie. But now the guy's gotta come up with Paulie's money every week no matter what. Business bad? F you, pay me. Oh, you had a fire? F you, pay me. Place got hit by lightning huh? F you, pay me." Paul McGuinness is very much in the business of giving Live Nation the business:-) He’s certainly earning his 20%.

Reminds me of the scene from Goodfellas (narrated by Ray Liotta as Henry Hill):

“Now the guy’s got Paulie as a partner. Any problems, he goes to Paulie. Trouble with the bill? He can go to Paulie. Trouble with the cops, deliveries, Tommy, he can call Paulie. But now the guy’s gotta come up with Paulie’s money every week no matter what. Business bad? F you, pay me. Oh, you had a fire? F you, pay me. Place got hit by lightning huh? F you, pay me.”

]]> By: hibricc http://www.atu2blog.com/live-nations-loss-is-u2s-gain/1127/comment-page-1/#comment-139212 hibricc Thu, 18 Dec 2008 17:59:47 +0000 http://www.atu2blog.com/?p=1127#comment-139212 Wow... That certainly is cold-hearted, but a very shrewd business move by the band. Can you imagine getting that phone call/email/letter? "Good morning, Paul here... We believe your stock will never regain its original value - even after we release our album and launch our tour - so we're cashing in all our shares for the agreed-upon $25million. Oh, and by the way, we're still 'tweaking' the record, sorry for the delay...." OUCH! Wow… That certainly is cold-hearted, but a very shrewd business move by the band. Can you imagine getting that phone call/email/letter? “Good morning, Paul here… We believe your stock will never regain its original value – even after we release our album and launch our tour – so we’re cashing in all our shares for the agreed-upon $25million. Oh, and by the way, we’re still ‘tweaking’ the record, sorry for the delay….” OUCH!

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