When a fan buys a ticket, we learn an enormous amount about them: What bands they like, where they live, how much they are willing to spend. Someday, a fan will be sitting in a bar and his cellphone will text message 'Sonic Youth are playing tonight. Do you want to go?' He'll buy his ticket over the phone and walk to the concert.

Part of calling ourselves Live Nation was about starting to shift the way we think, to be first and foremost fan-focused.

The touring business is obviously critical to selling records, building fan bases, selling T-shirts, fulfilling sponsorship commitments.

We can't say to a Ticketmaster venue that says they want to use a different ticketing platform, 'If you do that, we won't put shows in your building.'

In my early days, I sang rock stuff, but the career didn't kick until '67.

And I mean, I'm established. So I'm not worried about having a hit at this point in my career.

My father, Aparesh Lahiri, was a musician too, and at a very young age, I was geared up for a career in music.

There are a lot of actors that I really love to watch, actors who I have fun watching - I think Johnny Depp is phenomenal. But I wouldn't want that career as much as I'd like a career like Tom Hanks - he kind of represents the everyman.