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AEG, Live Nation, Broadway, More Sign Letter Requesting Federal Aid For Concerts and Events - www.billboard.com
billboard.com
28.04.2020 / 21:09

AEG, Live Nation, Broadway, More Sign Letter Requesting Federal Aid For Concerts and Events

A coalition of the top concert promoters, venue managers and show producers have joined forces to request federal aid for the live entertainment industry as it faces an existential crisis from the COVID-19 pandemic.Billboard obtained a copy of the memo, which calls on Congress to expand the Paycheck Protection Act to entertainment companies with 500 or fewer employees, as well as an expansion of loans to mid-sized businesses under the CARES Act and the Federal Reserve’s Main Street Lending

What Does Live Nation Stock Purchase Say About Saudis' Approach to Entertainment? - www.billboard.com - Saudi Arabia - Turkey - city Istanbul
billboard.com
28.04.2020 / 04:07

What Does Live Nation Stock Purchase Say About Saudis' Approach to Entertainment?

Saudi Arabian Public Investment Fund (PIF)'s $500 million purchase of a 5.7% stake in Live Nation on the open market Monday (April 27) could indicate a more passive play for the entertainment business since the country has been largely shunned over the murder of journalist Jamal Khashoggi at the Saudi consulate in Istanbul last October.The gruesome murder was allegedly ordered by Saudi prince Mohammed bin Salman, according to reports by U.S.

Saudi Arabia Purchases $500 Million Stake in Live Nation - www.billboard.com - Saudi Arabia
billboard.com
27.04.2020 / 18:29

Saudi Arabia Purchases $500 Million Stake in Live Nation

The government of Saudi Arabia's sovereign wealth fund has acquired a 5.7 percent stake in Live Nation, the parent company of Ticketmaster.The Saudi Public Investment Fund disclosed the stake, comprising 12,337,569, shares in a filing with the Securities and Exchange Commission on Monday morning.Based on Live Nation’s share prices as of this writing, the investment is valued at just shy of $500 million.

Saudi Arabia’s Public Investment Fund Acquires $500 Million Stake in Live Nation - variety.com - Saudi Arabia
variety.com
27.04.2020 / 18:21

Saudi Arabia’s Public Investment Fund Acquires $500 Million Stake in Live Nation

The Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, recently purchased a large stake in Live Nation Entertainment, the world’s largest live-entertainment company, according to SEC filings released Monday.

Live Nation change their refund plan to include postponed shows awaiting new dates - www.nme.com
nme.com
26.04.2020 / 14:17

Live Nation change their refund plan to include postponed shows awaiting new dates

The promotion giant previously said that refunds wouldn't be available until a new date was announced for postponed gigs

Live Nation Details Ticket Refund Plan for Canceled, Rescheduled Shows - www.billboard.com
billboard.com
25.04.2020 / 00:31

Live Nation Details Ticket Refund Plan for Canceled, Rescheduled Shows

Fans who purchased tickets to a canceled Live Nation show at one of the company's venues will have a chance to get a full refund or accept a 150% credit toward a new ticket for a future date and part of a newly-announced ticket relief program.

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