Live Nation Reports $588 Million Loss for Q2 With Absence of Live Concerts

Matthew Perry bought a house on the beach in 2011 and now he’s putting the home back on the market.

Luisa Bradshaw-White has played Tina Carter in hit BBC soap EastEnders since she joined the soap in 2013. She took on the role as Mick Carter's aunt starring alongside Danny Dyer and Linda Henry who plays Shirley Carter – her onscreen sister.The actress has been on the soap for five years now and recently revealed that the role was made especially for her.

Prince Harry and Meghan Markle have had a tumultuous year adjusting to life after their controversial royal exit, but they're doing better than ever now.In a new interview with OK! magazine, Omid Scobie, one of the authors of the new royal biography Finding Freedom: Harry, Meghan and the Making of a Modern Royal Family, explained how the couple worked together to make the life-changing decision. "I think once Meghan is committed to something, there is no turning back," Scobie explained.

Netflix has another rom-com coming our way.

News of Meghan Markle and Prince Harry's secret move from Los Angeles to Santa Barbara just became public last week. Today, People has new intel from two sources about what the Duke and Duchess of Sussex's life with their one-year-old son Archie is like on their Montecito estate.

Corinne Olympios “was a little upset” about the way she was portrayed on Nick Viall‘s season of The Bachelor, which aired in 2017.“I acted like a psychopath,” Olympios, 28, said during a conversation with the former Bachelor, 39, on his “Nick V Talks Trash TV: A Bachelor and His Exes Tell All” series. “I was a completely different human at the time.

the coronavirus era.About 2,500 people watched Sam Fender perform from 500 individual VIP-like platforms and pens in one of the UK’s first properly social-distanced concerts.The outdoor show on August 11 was held at the Virgin Money Unity Arena, in Gosforth Park, Newcastle, where the private platforms and pens were all spaced about 6 feet apart.

Patrick Frater Asia Bureau ChiefChina Literature, which is both China’s leading online bookstore and owner of one of the country’s top TV producers, swung from profits of $55 million a year ago to net losses of $465 million in the six months to June.

coronavirus pandemic has forced festivals around the world to cancel their 2020 editions, with fears over their futures if they can’t safely return in 2021.Writing in a memo shared with the promotion company’s investors, Michael Rapino said there were positive signs for next year’s summer events already. “Importantly, we remain confident that fans will return to live events when it is safe to do so,” he wrote.

Michael Rapino calls the stat “our strongest indicator of demand” — while other promoters, including AEG, have reported similar numbers for its tours. But what does the number 86% number really tell us? What data is included in the calculation, and what is being left out? Below, Billboard attempts to answer some of the questions posed to our touring desk about this oft-cited stat.How is the 86% number calculated?It’s a fairly straightforward equation.

tracking the company via Yahoo Finance forecasted the media and entertainment company to report earnings of 2 cents per share, and reported revenue of $767.4 million.

coronavirus devastated the live music sector.According to financial results for the quarter ending June 30, 2020, the touring giant posted a net revenue of $74.1 million – which is 98% lower than the $3.16 billion a year earlier – and an adjusted operating loss of $431.9 million.The company also held just 24 concerts in North America, compared to 7,213 in last year’s second quarter.In Europe, there was a total of just 131 concerts, down from 3,309 last year, attended by 41,000 fans.Live Nation

Jill Goldsmith Co-Business EditorLet’s get this over with. Live Nation, which makes a living on live events, saw revenue plunge 98% last quarter to $74 million and swung to a loss of $588 million from a profit of $176 million the year before.

Chris Willman Music WriterA second-quarter earnings call with Live Nation execs Wednesday was full of hope, promise and even swagger… for 2021-22.

The coronavirus pandemic has shut down concerts across the world, amounting to hundreds of millions of dollars in losses for promoter Live Nation last quarter. The touring giant posted an adjusted operating loss of $431.9 million on net revenue of $74.1 million in the second quarter of 2020 -- the first full reporting period of the pandemic. The concerts division’s $141.8

Live Nation has secured financial breathing room by securing favorable changes to its debt covenants ahead of its second-quarter earnings release on Aug. 5.