Leiweke: Our Industry Needs A Wake-Up Call

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Leiweke: Our Industry Needs A Wake-Up Call

August 30, 2016

Dave Brooks

Within the next few months, Tim Leiweke will begin unveiling more information about the Oak View Group and announce the 24 arenas who have opted into his Arena Alliance.

“I think our industry needs a wake-up call,” he said, describing his intentions to becoming a “positive, disruptive force.” The former AEG CEO laid out his vision last Thursday to a couple dozen entertainment professionals gathered at the Long Beach Convention Center. In an hour-long speech, Leiweke hinted his new venture with Irving Azoff would touch upon booking, sponsorships, security and secondary tickets and return power to the venues.

“StubHub has done a hell of a job selling used tickets. We don’t want to kill them, we want to replace them. That money should be yours,” he said. “You own the manifest, they don’t. Ticketmaster doesn’t own the manifest, they just rent it. And the agent, manager, promoter and artist? They come in and lease it for the night.”