Live Nation, anyone?
I'm trying to figure out just how many decades out of date Dave is. Didn't Mike and the Jacksons "sell" the Victory Tour to Chuck Sullivan (with Don King) for a guarantee? Stuff like that has happened a fair amount over the years, and now it pretty par for the course among top acts: they have a national promoter/company handling shit. Live Nation with U2, Madona and Jay-Z simply is the biggest, but not the only one.
John
Kind of crazy alright on a lot of levels consider Live Nation and Clear Channel are more important than traditional record labels. Dave should know this on a general business, live event and frankly general knowledge levels. Not only that but on a personal level in interviews he said Springsteen is his favourite artist and his with live nation.