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THE LEFSETZ LETTER: Clueless Stones


http://www.youtube.com/watch?v=lLRD1R8GNgY

Utterly LAUGHABLE!


And this is the OFFICIAL CHANNEL!


Is someone brain dead there? It's almost impossible to watch this video and have a desire to go, talk about revealing the clueless men behind the curtain.


This is the Stones. A band that can't even play "The Last Time" as well as you did in middle school.


In case you've been buried in a hole, the Stones got rid of all those high-priced seats by blowing them out for $85. Four digits worth.


Doubt me?


Just read these tweets from Wes Brodsky (@WesBrodsky):


@Lefsetz how right you were… Look at the $85 ticket line at Staples for Rolling Stones. Slashed everything last min http://t.co/x9Lh0q45OC


@Lefsetz btw that line wraps around 3 times. Must be 2-3k tickets that got released at the $85 price point


Click through to that pic. You'll be stunned.


Then again, that's how it used to be, back when concert tickets cost 3, 4 and 5 dollars. Before greed turned everybody into a bottom-fisher.


In other words, these people would have gone for a reasonable price, they wanted to attend, but not for $600.


Meanwhile, they couldn't even bake in the fees?


I mean even the Eagles, who broke the triple digit ducat figure, don't have the chutzpah to charge extra, they include the fees in the ticket price.


Bob Lefsetz, Santa Monica-based industry legend, is the author of the e-mail newsletter, "The Lefsetz Letter". Famous for being beholden to no one, and speaking the truth, Lefsetz addresses the issues that are at the core of the music business: downloading, copy protection, pricing and the music itself.

His intense brilliance captivates readers from Steven Tyler to Rick Nielsen to Bryan Adams to Quincy Jones to music business honchos like Michael Rapino, Randy Phillips, Don Ienner, Cliff Burnstein, Irving Azoff and Tom Freston.

Never boring, always entertaining, Mr. Lefsetz's insights are fueled by his stint as an entertainment business attorney, majordomo of Sanctuary Music's American division and consultancies to major labels.

Bob has been a weekly contributor to CelebrityAccess and Encore since 2001, and we plan many more years of partnership with him. While we here at CelebrityAccess and Encore do not necessarily agree with all of Bob's opinions, we are proud to help share them with you.

But the dirty little secret is the twenty seven to forty bucks in fees are promoter profit.


In other words, the Stones are not part of the solution, but part of the PROBLEM!


And is anybody really gonna pay $600 for a ticket after this? Or are they just gonna wait for the bargain? This is how Ron Johnson lost his job running J.C. Penney, by trying to turn a second-rate brand based on discounts into his previous employer, Apple.


But even Apple doesn't insult you with prices this high.


Yup, you can see the Stones or buy an iPad, which will give you years of functionality, well, at least until the Cupertino company supersedes the model you've got, unlike the Stones, who've been playing the same old songs for decades.


And I got this interesting e-mail from a scalper:


"From: Brad Coombs
Re: Stones Tickets


Bob:


A few observations from my brother-in-law at Circle City Tickets, in Indianapolis.


Brad,


He's right on everything about how the markets work and that eventually people just say screw it I'm not going.


With social media if people are thinking that way it only takes a short time to get a "tipping point" where virtually no one new is going and the sales just stop. You'll always have the die-hards that will find a way to go no matter what but after that a lot of people only go so as not to be out of the loop socially.


Thanks for forwarding.


Mike


Mike Peduto
Circle City Tickets"


Yup, resellers know the game better than the Stones!

But come on, if the above video isn't taken down by time you read this, I'd be stunned.


There's no energy. The crowd looks like a parody of the seventies. The band is so thin they make Gwen Stefani look fat, and she looks like she stepped onto the set of "Cocoon," and she sucks besides…well, she adds nothing. Why didn't the band get someone their own age? It's not like the audience cares about Stefani, maybe only the press. Where was Bonnie Raitt, Buddy Guy? Fergie worked on the Rock and Roll Hall of Fame special because that was made for everybody, for HBO, not fans.


So if anybody who was at this show says it was great, they're lying. Because we have evidence. This horrible video.


The Stones shouldn't have gone out at all.


They're a laughingstock.


Video may have killed the radio star, but social media and the Internet put a stake in the heart of the Rolling Stones, who should have quit while they were ahead, kept their money and stayed home.


They're an insult to history.


They rehearsed?


Paul McCartney is better in his SLEEP!