Robert Levine

I don't know what that is, so I couldn't possibly endorse it.

You've never had today explained in your life.

I can't say that I have.

It's called Follow the Money.

And it's basically about the music business and often the economics of the music business.

All the dull stuff that doesn't involve celebrities.

Sure.

What's interesting is all the writing, all the talk about the concert business focuses on the money that's going in.

Hardly anyone thinks about the money going out.

Just as always, they have crew, they have musicians, they have expenses.

The most expensive part is getting it all around.

So imagine if you could minimize that expense and make the same amount of money.

Well, look, I mean, I haven't talked to Harry Styles, so I'm just making an educated guess, but yes, I think so.

And

And, you know, there's the sort of capital R residency that he's doing.

He's declaring this a residency, and he's making an event of it.

But if you look at the concert business in general, you are seeing a trend, and sometimes people don't notice it.

So we're playing more shows at fewer venues.

The same kinds of economic forces...

are changing the nature of what we might call regular tours.