As Price Falls, Live Nation CEO Rapino Buys $1 Million Worth of Shares

Live Nation has established a new charitable fund to help support concert crews around the world, it was announced Tuesday. The Crew Nation fund will provide monetary relief for concert crew members impacted by the coronavirus pandemic, which has widely canceled concerts, festivals and other live events since it began spreading across the U.S.

As anyone who’s ever attended a concert can deduce, musicians aren’t the only ones suffering from the impact of the coronavirus pandemic on the live-entertainment industry: An entire economy of roadies, technicians, security and many more have been deeply impacted by the postponement of virtually every concert tour in the world.

Live Nation has established a new charitable fund to help support concert crews around the world, it was announced Tuesday (March 31). The Crew Nation fund will provide monetary relief for concert crew members impacted by the coronavirus pandemic, which has widely canceled concerts, festivals and other live events since it began spreading across the U.S.

Mattias Behrer will become the new CEO of Live Nation Sweden effective Aug. 10. Behrer was most recently the CEO of Dentsu Aegis, one of the leading agency groups in media and marketing consulting.

Mattias Behrer will become the new CEO of Live Nation Sweden effective Aug. 10.

Investors’ optimism that a federal stimulus package gets passed gave the Dow stock index its best single-day point increase in its 135-year history. Beleaguered investors and retirement account holders received good news Tuesday (March 24) as President Donald Trump and leaders in Congress made progress on an aid bill, leading stocks higher even though the legislation isn’t expected to get the President’s signature before Thursday.

The organisations cover a wide range of venues across the UK and beyond, including the O2 Academies

Few imaginable things could impact the live-entertainment business as much as a global pandemic, and not surprisingly, Live Nation, the world’s largest concert promoter, has taken a beating on the stock market over the past two weeks. On a particularly rough Wednesday, its share price dropped 33% at one point in the afternoon — down more than 61% from its year-over-year high last month — before recovering after President Trump’s aid package to U.S.

By Jill Goldsmith

Endeavor, Live Nation Entertainment and Sinclair Broadcast Group are among the prominent industry firms facing new financial pressure because of their high debt loads and vulnerability from the widespread shutdown of sports leagues, concerts and other live events.

By Mike Fleming Jr, Jill Goldsmith

Another day, another decimation on Wall Street. Live Nation shares fell as much as 33% by midday Wednesday (March 18) as municipalities around the

Live Nation chief executive Michael Rapino has purchased $1 million worth of stock in the company he has built since 2005, according to a recent filing with the Securities and Exchange Commission on Thursday (March 12).The stock purchase comes on a brutal day for the stock market, with the Dow Jones Industrial Average dropping nearly 10% or about 2,352 points -- the biggest one-day drop in 33 years.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Live Nation is the latest company to cancel upcoming events in the wake of the coronavirus pandemic. The concert promoters have postponed all domestic and international arena tours until further notice, according to a statement obtained by Fox News.

Amid the coronavirus (COVID-19) outbreak, Live Nation Entertainment is planning to cut short all of its tours through at least the end of March, according to a statement from the company. AEG Presents is also suspending its tours, according to The New York Times.

AEG is joining competitor Live Nation in recommending concerts be postponed through the end of the month. Earlier Thursday (March 12), Live Nation officials told employees they were pausing arena tours through the end of the month. "At this time, we collectively recommend large scale events through the end of March be postponed," the statement

As coronavirus concerns continue to rise, Live Nation announced on Thursday morning (March 12) it is recognizing large gatherings around the world are being canceled and the company will be postponing current touring arena shows through the end of the month.