Hey, remember Social@Ross, the
$15,000-a-ticket concert series that allowed Hamptons types to sit on ottomans and suck down top-shelf cocktails while they listened to live shows by Prince, James Taylor, Tom Petty, Dave Matthews, and Billy Joel? You may be surprised to hear it, but tickets aren't selling very well—even though only 1,000 were going to be made available! At least that's what we're guessing from this e-mail that went out to the Dave Matthews Band's fan club and made its way to
Bob Lefsetz's inbox. It's hawking tickets to this Saturday night's show for the Crazy-Eddie-low price of $250 a pop. (For those of you who don't feel like doing the math, that's a 92% discount—
and you still get free parking!)
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Idolator
The ultra-spendy Hamptons concert series Social@Ross—which featured shows by the likes of Billy Joel, Tom Petty, Prince, Dave Matthews, and James Taylor, as well as a $3,000/show pricetag for those people not famous enough to get in on their name recognition alone—will, alas, not see a second year. Which isn't all that surprising, given that Warner Music Group's purchase of Social@Ross promoter Bulldog Music resulted in 
No doubt you remember the Social@Ross series of concerts from this summer, which featured big-name chefs, ottoman seating, Tom Petty, Billy Joel, James Taylor, Dave Matthews, and Prince—and a $15,000 price tag. Well, according to Pali Research analyst Rich Greenfield, Warner Music Group may remember those concerts quite well! Why? Because the beleaguered record company apparently shelled out about $16 million to acquire the shows' promoter, the Bulldog Entertainment Group, and has since lost a total of around $30 million as the result of the acquisition.
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