VAN HALEN To Tour In 2010?
September 9, 2009According to Pollstar.com, Ticketmaster Entertainment CEO Irving Azoff announced during the 2009 Bank of America Merrill Lynch Media, Communications and Entertainment Conference earlier today (Wednesday, September 9) that VAN HALEN will hit the road in 2010. No further details were made available.
The Wall Street Journal recently reported that VAN HALEN made an extra one million dollars in the fall of 2007 when as many as 500 of the best seats at around 20 concerts on the band's reunion tour were pulled from Ticketmaster and sold through scalpers. The scalpers reportedly kept about 30 percent of the jacked-up ticket prices for themselves, while the remaining 70 percent was divided between the band, their representatives and Ticketmaster itself.
The scam was part of a Ticketmaster initiative, codenamed "Project Showtime," which was designed to get a piece of the action from the scalpers, who often re-sell tickets for hundreds or thousands of dollars more than their face value. The move was part of plan to compete with a new ticketing business started by Live Nation, by offering to share profits from the scalpers with the artists and promoters.
VAN HALEN's 2007-2008 tour, the first with David Lee Roth on the mic in nearly a quarter century, grossed more than $90 million.
At each of the 20 shows, the best seats were taken directly out of the Ticketmaster system and passed directly to private dealers and scalpers.
The project eventually fell apart, according to the Journal, because of distrust among the participants, although a number of VAN HALEN tickets were sold through the scalpers.
The scam was said to be the brainchild of VAN HALEN manager Irving Azoff, who also now serves as Ticketmaster's CEO. Azoff is also behind the scheme to merge Ticketmaster with Live Nation, which is under review by the Justice Department. Critics and members of Congress have said that the proposed merger would create a monopoly over almost all aspects of the music business.
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