No, I'd say Mike is "do as I do." The things he produces that have no marginal cost (techdirt) are given away for free. This is then used to sell other things, such as company analysis and guidance as well as time that he spends as a speaker.
To apply this to music, as you did, would be to give the music away and charge for the t-shirts and concerts.
@: Everyone who says "Band X isn't on Rhapsody so therefore it is not unlimited.
Suppose you went to an "All-you-can-eat" buffet. When you get up to the buffet counter you notice they don't have spaghetti, and that's what you wanted. Does that make them NOT "All-you-can-eat". That's ridiculous. The unlimited services are unlimited in how much of their stuff you can download with your paid subscription.
I wasn't going to be as harsh as Luci here, but I do wonder what an artist should do if they don't want their shows to be "exclusive" events catering only to the top 5% (by income) of their fans. Your solution for ridding the world of scalpers is basically to remove a secondary market by pricing the item at a price that will still sell out, but which only a select group can afford. This limits an artists outreach severely.