In a thought-provoking piece published on Pollstar, Jonathan Shank, the CEO of Terrapin Station Entertainment, delved into the profound impact of The Grateful Dead’s legacy on the modern entertainment industry. As the former manager of Mickey Hart, Shank’s insight shed light on the band’s enduring influence that continues to shape the future of music, touring practices and popular culture.

Shank commenced his article by emphasizing how The Grateful Dead’s influence continues to redefine marketing for the modern entertainment company. Notably, he highlights the revolutionary “direct-to-consumer” (D2C) ticketing model, which has become and remained a common practice. He went on to further explore how of Deadheads have shaped common social media practices.

“Deadheads, via their tape trading practices, were at the forefront of what would become the seeds of social media. Is it a coincidence that The Grateful Dead’s physical origins are just mere blocks from where social media platforms would be created and popularized?” Shank wrote. “The show was always the centerpiece, but there was so much more woven into the layers of community and the band’s real-time relationship with its ever-growing fanbase.”

The article also highlights the profound impact the Grateful Dead has had on birthing new artists, bands, and industry executives. Countless music acts have emerged from the traditions cultivated by the band. Shank identified some notable examples, including Phish, Dead & Company, Goose, Billy Strings, Dave Matthews Band, Widespread Panic, The Disco Biscuits, among others. It also details the creation and legacy of gatherings like Bonnaroo and 2015’s Fare Thee Well that, “took the scene by storm and elevated the band’s legacy once again.”

The Grateful Dead’s cultural reach is another aspect explored by Shank throughout the article. He points out that Grateful Dead imagery and lyric references have permeated societies around the world. He furthered his point by writing, “The inspiration continues to move many brightly and led some of most dedicated to name their children, pets and companies (like Terrapin Station Ent.) after their favorite song or band member.”

Shank’s captivating analysis of why the Grateful Dead’s legacy matters not only pays homage to the band but also brings attention to the ongoing influence they wield over the music industry, popular culture and the positive effect on the spirit of innovation, connectivity, along with artistic freedom which continues to inspire musicians and fans, alike – worldwide. Read Shank’s piece with Pollstar in full here.