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Battle Of The Bands Stocks

Two giants in the music world are poised to duke it out over the ticket selling business. Although Ticketmaster (IACI) has dominated the concert business for years, it’s apparently hit a wrong note with Live Nation (LYV), a concert promoter. Now they want to start a rival operation. So what’s the trade?

CNBC Media Correspondent Julia Boorstin joins the panel for this conversation.

Here are the major points that she made.

Battle of the Band Stocks

- The two companies are fighting over who should sell the tickets and get the commission. Last year 17% of Ticketmaster's revenue was generated by Live Nation. Consequently, Live Nation wants to sell more of those tickets themselves.

- The concert promoting business is a low margin business and that is likely why Live Nation wants to get into the ticket business.

- Another issue at stake is the relationship with customers. That information is valuable to marketers.

- The live music business is much healthier than the CD business. Also a lot of baby boomers have money to spend on tickets.

- The current contract between the two companies expires at the end of 2008.

*Note Ticketmaster is owned by IAC Interactive.

Battle Of The Bands Stocks

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Trader disclosure: On Aug 23 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money; Macke Owns (DIS), (ATVI), (HAS); Najarian Owns (GS) Puts; Najarian Owns S&P Puts; Oppenheimer & Co. Inc. Is A Market Maker In (MRVL)