News at Smith

Consolidation in the Music Industry

May 18, 2009
World Class Faculty & Research

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Broadcast Dates: 
Thursday, May 28, 7:30 p.m.
Sunday, May 31, 7:30 a.m.
Monday, June 1, 4:30 a.m.

In January, Live Nation ended its contract with Ticketmaster and launched its own ticketing service, threatening to deplete Ticketmaster’s revenue by at least 15 percent, and leading the two companies to extreme competition to win ticketing contacts. Just weeks later, the two companies proposed a merger. If permitted, this single firm would have dominant power over ticket sales and concert promotion in the United States. The music industry is currently in a heated debate as to whether or not this merger will benefit the industry.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Dr. Curt Grimm talks about consolidation and the impact on the music industry and consumers.

Grimm, the Dean’s Chair Professor of Supply Chain and Strategy, has conducted extensive research in both supply chain and strategic management. His research has focused on the interface of business and public policy with strategic management, with a particular emphasis on competition, competition policy, deregulation and microeconomic reform both in the U.S. and overseas. This research has resulted in four books and more than 80 published articles.

Smith Business Close-Up is co-produced by the Robert H. Smith School of Business and Maryland Public Television. The television segment focuses on the latest thinking in business management, and features in-depth interviews with Smith School faculty and other members of the school’s community of business leaders.

Where to watch
Smith Business Close-Up can be seen bi-weekly on Maryland Public Television's Your Business and Money. The program airs at 7:30 p.m. on Thursdays and is repeated the following Sunday at 7:30 a.m. and Monday at 4:30 a.m. on public television stations throughout Maryland and the Washington, D.C., metropolitan region, including:

 WMPB-TV (Ch. 67), Baltimore 
 WMPT-TV (Ch. 22), DC metro/Annapolis 
 WCPB-TV (Ch. 28), Salisbury 
 WFPT-TV (Ch. 62), Frederick 
 WWPB-TV (Ch. 31), Hagerstown 
 WGPT-TV (Ch. 36), Oakland

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About the University of Maryland's Robert H. Smith School of Business

The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, specialty master's, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

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