Live Nation and Ticketmaster reported an 11% year-over-year increase in ticket sales, controlling 70–80% of major US concert venue ticketing.
Snapshot · The Prof G Pod with Scott Galloway
Live Nation and Ticketmaster reported an 11% year-over-year increase in ticket sales, controlling 70–80% of major US concert venue ticketing.
Where this was said
At 8:50 · chapter starts 7:50
Galloway marshals a barrage of data to establish that out-of-home entertainment is genuinely booming. Axios media correspondent Sarah Fischer told him directly: streaming is plateauing, bundling and price hikes are symptomatic, and the real growth is in live experiences. The 2026 domestic box office bears this out — on pace for $10 billion, the highest since the pandemic, with attendance (up 7%) outpacing price increases (up 3%). Two Hollywood horror films directed by YouTubers, Backrooms and Obsession, illustrate how democratized content creation is feeding the theatrical machine. Fandango reports that Zoomers and millennials averaged 7 theater visits in 2025 and that for young people the social experience outweighs the movie itself. The live concert business tells a similar but darker story: Live Nation and Ticketmaster reported 11% ticket growth but control 70–80% of major venue ticketing [1] — George Hahn "Live Nation and Ticketmaster control 70–80% of major US concert venue ticketing — and a jury found them guilty of antitrust violations in A…" 08:47 , and were found guilty of antitrust violations in April. A 2025 Goldman Sachs report confirms demand will grow 7% annually to 2030 — but a 76% rise in ticket revenue since 2019, fueled by 50% price inflation, is already pricing out fans at the low end of the market.
The 2026 domestic box office is on pace to earn $10 billion, the highest total since the pandemic and only 10% off the pre-pandemic peak.
Live Nation and Ticketmaster control 70–80% of major US concert venue ticketing — and a jury found them guilty of antitrust violations in April. Meanwhile, average concert ticket prices rose 50% between 2019 and 2024, pricing out fans at the low end.
A 2025 Goldman Sachs report projected demand for live music to grow 7% annually until 2030, though ticket prices have already risen 50% since 2019.
Bloomberg Intelligence estimates the 2026 World Cup will generate $9 billion for FIFA and $80 billion in global economic activity. With 6 billion viewers, it's the most-watched and economically impactful tournament in history.
An estimated 6 billion people are watching the 2026 World Cup in some form, making it FIFA's most popular tournament to date.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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