Live Nation has terminated a planned $480 million acquisition of Mexico's largest promoter OCESA Entretenimiento, but a future agreement is still possible, a source tells Billboard. Monday (May 25), Live Nation officials notified Corporación Interamericana de Entretenimiento (CIE)
Live Nation’s Michael Rapino Talks Reopening and Renegotiating the Concert Business
08.05.2020 - 02:53 / variety.com
By Jem Aswad
Senior Music Editor
At the end of Live Nation’s first-quarter earnings call on Thursday, CEO Michael Rapino fielded questions about the company’s finances, but mostly, as expected, about when and how the concert industry might begin to reopen from coronavirus lockdown.
Not surprisingly, the company’s earnings report revealed challenges, even though the lockdown began in the last three weeks of the quarter: Revenues were down 20% year-on-year, concert revenue was down 25% (from
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variety.com
26.05.2020 / 21:21
Family of Nick Eisele, Allegedly Killed by UConn Murder Suspect, Sets up Funeral Fund
By Jem Aswad
billboard.com
25.05.2020 / 13:13
Live Nation Canada, Budweiser Set At-Home Streaming Series With Black Crowes, The Trews
With no physical live music on the horizon due to the COVID-19 pandemic, Live Nation Canada and Budweiser are bringing live music to fans with the weekly virtual concert series, Budweiser Stage At Home.
variety.com
20.05.2020 / 18:41
Laura Marling Sells Out Groundbreaking Geo-Blocked Remote Concert, Adds Second Show
By Jem Aswad
nme.com
19.05.2020 / 05:31
Live Nation to trial socially distanced shows in New Zealand
It will be the first to welcome audiences to live events since the onset of the pandemic
hollywoodreporter.com
16.05.2020 / 17:53
Live Nation Furloughing 20 Percent of Employees
Approximately 20 percent of Live Nation Entertainment employees have been furloughed as part of the company's cost-cutting measures amid the spread of the novel coronavirus, company sources toldThe Hollywood Reporter on Friday. Those furloughs began in late April and affected hundreds of Ticketmaster employees.
nme.com
16.05.2020 / 07:51
Live Nation furloughs 20 per cent of staff in cost-cutting package
2,100 employees forced into involuntary leave
variety.com
14.05.2020 / 22:06
Socially Distanced Travis McCready Concert in Arkansas Applies to Move to Monday
By Jem Aswad
theshaderoom.com
14.05.2020 / 02:11
“Love & Hip Hop: Atlanta” Star Arkansas Mo Arrested For Allegedly Using Small Business Loan To Bankroll His Lifestyle During Pandemic
Chile, “Love & Hip Hop: Atlanta” star Arkansas Mo is behind bars after he allegedly defrauded a loan program meant to help small businesses and allegedly used the funds to keep up appearances in Georgia.
variety.com
13.05.2020 / 22:49
Arkansas Governor Threatens Police Action If Socially-Distanced Concert Goes Ahead
By Jem Aswad
officialcharts.com
11.05.2020 / 14:53
Live Nation aiming to resume concerts at "full scale" in 2021 and discuss plans for drive-in, crowdless gigs
Concert promoter Live Nation has said they are planning to resume concerts at "full scale" in 2021, after the spread of coronavirus stopped live shows across the world.
nme.com
09.05.2020 / 05:45
Live Nation reports 20 per cent revenue loss in first quarter
Due to the global freeze on live music
billboard.com
08.05.2020 / 01:33
Live Nation’s Acquisition of Leading Mexican Promoter OCESA Now on Hold
Live Nation blockbuster $480 million purchase of a controlling interest in Mexican promoter OCESA Entretenimiento has been put on hold because of the COVID-19 crisis, Live Nation chief executive Michael Rapino announced Thursday (May 7) on its first quarter earnings call.
