coronavirus pandemic. The Mexican Academy of Cinema Arts and Sciences announced the fund Thursday.
27.05.2020 - 02:03 / billboard.com
After the deal was put on hold earlier this month, the parties were were unable to agree to new terms.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) and Grupo Televisa that Live Nation was terminating a stock purchase agreement to acquire a controlling interest
coronavirus pandemic. The Mexican Academy of Cinema Arts and Sciences announced the fund Thursday.
Jesse & Joy initiated Pride Month by dropping a new song called “Love” on their official Instagram page.
Mexican comic Héctor Suárez, whose decades-long career celebrated the common man and satirized the rich, corrupt and arrogant, has died at 81. His son Héctor Suárez Gomís posted a statement Tuesday confirming his father’s death, though he did not specify the cause.
MEXICO CITY -- Mexican comic Héctor Suárez, whose decades-long career celebrated the common man and satirized the rich, corrupt and arrogant, has died at 81.
By Pat Saperstein
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.
Meghan Markle made sure her and Prince Harry's second wedding anniversary was one to remember.
By Jill Goldsmith
It will be the first to welcome audiences to live events since the onset of the pandemic
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.
2,100 employees forced into involuntary leave
Live Nation has furloughed approximately 2,100 of its 10,5000 employees across multiple divisions at the company Billboard has learned.The staff reductions are part of an effort that began in April to reduce costs by $600 million as the publicly traded concert promoters prepares to weather an extended shutdown due to the COVID-19 crisis.This is a developing story...
Live Nation is raising $1.2 billion in a note sale that closes May 20, giving the promoter and ticketing company roughly $3 billion of liquidity going into a near-empty summer concert season. The 6.5% senior secured notes will be used for general corporate purposes and will be due in 2027.The addition of these new notes would bring long-term debt to $4.85 billion and add to interest payments that totaled $157.5 million in 2019.
Banda MS and Snoop Dogg dropped “Que Maldición” on May 1, proving that regional Mexican and hip-hop music are a perfect union between two cultures.Proposed by Sergio Lizárraga, founder of Banda MS, the bilingual collaboration meshes banda and rap music with chill rhythms. In “Que Maldición,” Snoop expresses his feelings in a web of Spanglish verses.“Que Maldición” debuted at No.