The Lord of the Dance Strikes Back
Michael Flatley is starting a company, Cygnus, to disintermediate TicketMaster in Vegas.
"'I think we can have 20% of the Las Vegas market in the next two years, and that's a $500 million market in terms of annual revenues,' he says".
Let me take a moment here to apologise to Michael for all the times I laughed at him so hard that I thought my stomach would turn into the singularity at the end of the universe. He actually has a decent strategy to challenge one of the most insidious monopolies doing business today. Let's face it, someone needs to kill TicketMaster.
Hitting them in their strategic center ought to at least wake them up.
Just goes to show how innovation happens completely out of the blue sometimes.