Clear Channel Revamps Its Concert Strategy.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      CLEAR Channel Communications Inc. 069456655 CCU; SFX Entertainment Inc. SFX
    • Subject Terms:
      MAYS, Mark, 1963-; SILLERMAN, Robert F. X., 1948-2019; GABRIEL, Peter, 1950-
    • Abstract:
      Reports that Clear Channel Entertainment, a unit of Clear Channel Communications Inc., has made changes in the way it prices concert tickets in order to make concerts more accessible to music fans. Efforts of Clear Channel to lower the prices of tickets to a Peter Gabriel concert; Goals of the company, including paying smaller upfront fees, lowering ticket prices, and selling out shows; Acquisition of SFX Entertainment Inc. by Clear Channel from Robert F.X. Sillerman; Efforts of Clear Channel to change the concert industry; View of Clear Channel president Mark Mays that the entertainment division has been operating in a difficult environment.