Answer:
Here is a simplified explanation of how Live Nation preserves its share of the market:
1. Live Nation partners with artists, venues, and promoters to secure exclusive deals.
2. They use innovative technologies like virtual reality and mobile apps to enhance the concert experience.
3. By owning a variety of venues and festivals, they can cater to different audience preferences.
4. Live Nation offers customer loyalty programs and exclusive pre-sale offers to retain existing customers and attract new ones.
5. Through marketing campaigns and social media engagement, Live Nation stays visible and attracts new audiences.
Explanation:
