Why Doesn't Netflix Film Live Concerts?

Concert
Photo credit Photo Credit: Helen Comer/The Tennessean via USA TODAY NETWORK

I'm not one for giving out million dollar ideas but I think Netflix should start getting into the concert game.

Every big concert has those people filming but where does that footage go?! Apparently, due to licensing and other legal mumbo jumbo, most of that footage will never be released.

Netflix should start a concert series including music festivals and big-name acts. They've got the capital and the clout and I believe this would add a ton of revenue for the service. You're welcome, Netflix.