It Don’t Mean A Thing If It Ain’t Got That Green
Update: It appears many concert venues aren’t doing very well at the gate.
Next thing you know, Al Gore will claim to have invented snake oil, along with the Internet. Apparently he and a partner are merging the two.
Tim Blair takes on Live Earth – take a look Tim is always worth the read h/t Instapundit Also at the risk of taking all the bubbles out of the no carbon-nation … take a look at this below, as well. Kevin Wall, Al Gore’s new-found partner producer of Live Earth previously founded Network Live to make money, not save the poor. It did neither.
It failed as a business and as an effort to fight poverty. Next he saw Al Gore’s film and, lo and behold, Control Room was born. It’s partners? MSN, DirectTV, Qualcom, etc…. It don’t mean a thing, if it don’t bring the green – and I don’t mean as regards the environment. Same opportunist, different snake oil. zzzzzzzzzzz
As Tim addresses, the people in and behind this will be flying and riding in limos – fine. But at least be honest about it. This is business for them, not politics. I wonder how much of AlGore’s hedge fund cash got into the mix? Or maybe it’s too risky, as compared to the carbon offset business. Oh wait, this helps make Gore’s off-shore enterprise even more viable. Now there’s a business model.
Kevin’s extensive experience in music promotion and production, live television, the Internet, and venture capital investments … He is a co-founder of Shelter Capital Partners, a $175 million VC fund, currently invested in 12 companies in the semiconductor, software and convergence sectors.
The Sudden Demise of Network Live
Sunday October 1, 2006 3:02PM
One of my very favorite companies folded this past week Network Live. Network Live was started by Kevin Wall, who had been executive producer of both Live Aid in 1985 and Live 8 in 2005 with Bob Geldof. Network Live was a phenomenal concept where a ‘live’ concert would be re-distributed across multiple platforms in real time (or delayed); and with heavyweight partners like AOL, XM Radio, AEG, Cingular, and DirecTV it seemed destined for success. As someone who’s passionate about models around “Concerts of the Future”, I was confident this was well-positioned. However, all good things must come to an end. It seems that the company may not have pulled in sufficient revenues quickly enough to satisfy its investors; and as its initial one-year contracts with the partners referenced above came to an end, they began to pull out. Another challenge was surely the knotty issues of dealing with A-list artists, their labels, publishers, management, and everyone in their respective entourages who would have needed to fully cooperate.
That said, I believe in this model overall — and I remain confident that real-time, multi-platform deployment is a notion whose time has come. Sadly, this initial experiment has ended — but it has morphed into a venture called Control Room which will attempt to do something very related in partnership this time with MSN at the outset. The launch of Control Room is tomorrow, October 2nd. Stay tuned…….it’s sure to be worth checking out (I’m a big believer in Kevin Wall).
Wall spotted a cause below alright – one he is now leveraging to promote the very types of businesses his VC firm is tied into.
via Tim Blair: The seed was planted less than two years ago at the Beverly Hills Hotel in California, when Wall, a veteran concert producer, attended a slide show about global warming presented by Gore, as featured in the Oscar-winning documentary An Inconvenient Truth
‘Over the course of the 90 minutes my wife and I were very emotionally moved by the climate crisis,’ said Wall, 54, a father of three. ‘We understood for the first time it was about us, our children and our children’s children. This is not just a movie – it’s happening.’
Wall met the former US vice-president and discussed taking the message to as many people as possible: ‘After Live8 I said never again, but I got the call from Al Gore, the global rock star on this issue. What I can do on the day is deliver 2 billion pairs of eyeballs.