Oldham is set to escape a full economic lockdown, the M.E.N.
06.08.2020 - 03:29 / deadline.com
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.
It was the first full COVID-19 quarter and the company was expected to bleed red ink.CEO Michael Rapino can only look ahead. And he did as the company reported financial results for the three months ended in June.
Oldham is set to escape a full economic lockdown, the M.E.N.
Disloyal.”The disbarred lawyer tweeted the news Thursday, though an air date hasn’t been determined, he wrote.“Just agreed to an #ExclusiveInterview with @sethmeyers @LateNightSeth @NBC,” Cohen tweeted. “Date and time to be announced.
With theaters shuttered for nearly the entire second quarter amid the coronavirus pandemic, Cineplex has posted a revenue collapse and swung to a loss on Friday. The Canadian exhibition giant for the three months ending June 30 recorded a loss of CAN$98.9 million ($74.2 million), compared to a year-earlier profit of $19.4 million.
Chris Willman Music WriterWhat if you set up for a big party and no one came? That was the idea — purposefully — at LA Live Wednesday evening, as “One Voice: A Day for Action in Los Angeles” had a coterie of organizations representing unemployed or furloughed live-events workers set up more than 50 banquet tables and almost that many klieg lights in the plaza outside the Microsoft Theater… for strictly sad, symbolic purposes.The empty tables and underutilized lights stood as a backdrop for a
coronavirus pandemic.Tonight (August 11), hundreds of venues across 20 cities and towns in the UK, including London, Edinburgh, Cardiff and Manchester, have turned their lights on red in solidarity with the #WeMakeEvents campaign, symbolising the state of the industry while calling for sustained support from the government.The Royal Festival Hall, Tate Modern, the London Eye, and the National Theatre are a few of the venues that feature thousands of socially distanced volunteers asking the
Also Read: Peacock Gets Late-Night Block With Amber Ruffin and Larry Wilmore-Hosted ShowsMeyers added that part of the reason for her to get her own show is that her material often gets bumped from “Late Night.”“The only reason you don’t see Amber every night is we run out of real estate on the show.
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.
Love Island in 2018, after she was seen at Honey I'm Home in Leigh.
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.
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
Chris Willman Music WriterA second-quarter earnings call with Live Nation execs Wednesday was full of hope, promise and even swagger… for 2021-22.
Hobbled by the lack of live concerts due to the pandemic, Live Nation on Wednesday reported an operating loss of $588.1 million for its second quarter.Revenue for the three months ending June 30 totaled just $74.1 million, a 97% drop from the $3.2 billion in revenue the company recorded during the same quarter last year.Concert revenue was down 95% year-over-year, coming in at $141.8 million, compared to $2.6 billion last year.
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
Brian Steinberg Senior TV EditorDiscovery said second-quarter net income fell 71% after the coronavirus pandemic spurred a pullback in advertising at both its U.S.
Naman Ramachandran Live events production outfit Joe Lewis Company (JLC) and formats distributor Small World IFT have struck a strategic partnership, expanding the reach of both. .JLC, whose events clients include U.S.
Glastonbury Festival founder Michael Eavis has said he is “uncertain” if next year’s festival will go ahead, but that he is “moving heaven and earth” to make it happen.Speaking to ITV News West Country, Eavis has said fans might have to wait until 2022 for the return of the festival, which was due to celebrate its fiftieth anniversary this year with Taylor Swift, Paul McCartney and Kendrick Lamar headlining.Speaking about the difficulty of ensuring social distancing, Eavis said: “500 people is
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.
@DermotKennedy well done @mescal_paul Simply beautiful.’What a day ❤️ pic.twitter.com/4fc4yEcJwu— Dermot Kennedy (@DermotKennedy) July 31, 2020‘Just when I thought I couldn’t love or admire the incredible talent @DermotKennedy anymore …. then he shows song titles as Gaeilge/in Irish during his amazing livestream from London,’ added another.