Live Nation Latest Celebrity News & Gossip

insiders told Paula Froelich of NewsNation.During the pandemic, Live Nation changed its policy, so now, if a tour is canceled because of “poor ticket sales, the artist will receive 25% of the guarantee,” according to a memo obtained by Rolling Stone — so if the pop star’s advance was $10 million, she would get to take home a whopping $2.5 million.However, a source close to Lopez told Froelich that the songstress didn’t keep the cash.“The tour was in progress; people needed to be paid,” the source told NewsNation. “Unraveling a tour is not easy (or cheap).“People were already on salary.

Barclays on Friday suspended its sponsorship of all Live Nation music festivals in 2024 after various acts dropped out in protest over the bank’s links to defense companies that work with Israel.The suspension includes upcoming Live Nation festivals across the UK this summer, including Latitude, Download and the Isle of Wight.“The protesters’ agenda is to have Barclays debank defense companies which is a sector we remain committed to as an essential part of keeping this country and our allies safe,” the bank’s spokesperson told Reuters.The suspension comes after several artists, including country singer CMAT, metal band Ithaca and comedian Joanne McNally, pulled out of the events.Last month, Barclay’s annual shareholders’ meeting was disrupted by activists protesting against its alleged indirect links to violence in Gaza.

concert tickets.Nor can artists like Bad Bunny, The Black Keys, Justin Timberlake and Pink, according to reports.Even Coachella was reportedly more lackluster than in previous years.Yet, Taylor Swift is holding the most profitable concert tour in music history. And Beyoncé kills it whenever she’s on the road.While not all artists’ issues are the same, there do seem to be some universal themes impacting the music business.There are a lot of concerts going on in a post-pandemic world, ticket prices are climbing and it’s not easy to obtain tickets.

a report from The Mirror on Feb. 2 that MGM had teamed up with Live Nation to offer more than $800,000 a show.

concert ticket prices and hurt artists.“It is time to break up Live Nation,” said US Attorney General Merrick Garland.Concert fans and politicians for years have been calling for a re-examination of Live Nation’s purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor Swift’s first concert tour in years, sending fans into hours-long online queues, charging prices that customers said were too high and drawing charges of poor service.Thursday’s legal action underscores the aggressive approach President Biden’s antitrust enforcers have adopted as they seek to create more competition in a wide range of industries, from Big Tech to healthcare to groceries.“Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” Garland said, adding that as a result fans pay more in fees, artists have fewer opportunities to perform and smaller promoters get squeezed out.Shares of Live Nation were trading down 5%.Live Nation called the suit a possible “PR win for the DOJ in the short term,” but said the entertainment company would prevail in court. The lawsuit “won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows.”“There is more competition than ever in the live events market,” it added.The suit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.

antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday, citing people familiar with the matter.Live Nation’s subsidiary Ticketmaster, which for decades has been condemned for hardball tactics and high prices, was also widely criticized in 2022 after botched ticket sales for Taylor Swift’s “Eras” tour, feeding demands that the two companies be investigated for harming consumers.The lawsuit would allege that Live Nation had leveraged its dominance in a way that undermined competition for ticketing live events, the WSJ report said.The DOJ and Live Nation did not respond to Reuters’ request for comment.Shares of the Ticketmaster-parent dropped about 6% in extended trading.Last year, Live Nation was issued a subpoena by a US Senate panel for documents pertaining to ticket pricing, fees and secondary sales.

14-year-old Astroworld concert victim John Hilgert have quietly reached a settlement with rapper Travis Scott, Live Nation, ScoreMore and other festival organizers, Rolling Stone reported. The family is said to have withdrawn a $1 million lawsuit back in February, settling for an undisclosed amount.High school freshman Hilgert was the second youngest of 10 victims to die after chaos broke out causing a crush at the opening night of the music festival in Houston Nov.

Politico reported on Friday, citing three people with knowledge of the matter.Shares of Live Nation dropped 5% in extended trading on Friday.Earlier this year, senators slammed Live Nation’s lack of transparency and inability to block bot purchases of tickets following a major fiasco involving ticket sales for Taylor Swift’s long-awaited concert tour.The potential lawsuit could claim that the entertainment giant is abusing its power over the live music industry, Politico reported, adding that the timing of the case was not firm and the DOJ could decide to drop it.Live Nation and the DOJ did not immediately respond to Reuters requests for comment.

Live Nation is offering $25 concert tickets to celebrate National Concert Week. The entertainment company is sharing this promotion with fans from May 4-10. This year’s rate is up $5 from the last time the deal was held. According to Live Nation, the $25 ticket includes all fees.The promotion gives fans the opportunity to attend over 3,700 concerts in North America, the company shared. The concerts will cover a wide variety of genres, including country, hip-hop, Latin, metal, rock, pop, and even comedy shows.There are several artists that are participating in this deal.

Travis Scott will return to festival stages this winter with three performances at Primavera Sound in South America, Pitchfork reports. The first show will take place in São Paulo, Brazil on November 6, with shows in Buenos Aires, Argentina (November 12) and Santiago, Chile (November 13) to follow.

Travis Scott has been accused in court of violating a gag order preventing him from discussing the Astroworld 2021 tragedy, the Associated Press reports. Bob Hilliard, an attorney representing some of the families of those injured and killed at the festival, made the accusation in court on Monday. Earlier this month, Scott announced Project HEAL, a philanthropic initiative that promises investment in "a tech-driven device" to boost safety at large events.

Spring is arriving, COVID cases are dropping and there's renewed optimism that things are getting back to normal. No, it's not March 2020, but the headspace from that time is where we find ourselves once more as omicron subsides.

Live Nation, one of the largest live entertainment companies in North America, will require all artists, members of their crew, and attendees to show a proof of COVID-19 vaccination or a negative test, according to a Rolling Stone report. Live Nation employees will be required to receive a full vaccination.

Rolling Stone said.

A Star is Born” starring Bradley Cooper and Lady Gaga — is facing tough cuts as the coronavirus ravages the film industry, sources told The Post.One source close to the situation said Live Nation Productions is in danger of “dissolving,” after it laid off Matthew Stein, the company’s head of scripted development and production, two weeks ago.Live Nation Productions also cut roughly 14 employees that had previously been furloughed.

As anyone who’s ever attended a concert can deduce, musicians aren’t the only ones suffering from the impact of the coronavirus pandemic on the live-entertainment industry: An entire economy of roadies, technicians, security and many more have been deeply impacted by the postponement of virtually every concert tour in the world.

Few imaginable things could impact the live-entertainment business as much as a global pandemic, and not surprisingly, Live Nation, the world’s largest concert promoter, has taken a beating on the stock market over the past two weeks. On a particularly rough Wednesday, its share price dropped 33% at one point in the afternoon — down more than 61% from its year-over-year high last month — before recovering after President Trump’s aid package to U.S.

The band 311 celebrates its 30th anniversary in 2020, but the band’s formation is an annual celebration even on non-milestone years. This March 11 was no different, with the band seeing a 23% uptick in radio play (compared to the previous week) in the alternative and active rock formats, according to Mediabase.

Due to concerns over the spread of the coronavirus, Live Nation is telling its touring shows — both domestic and international — to return home, according to Billboard.

As concern over the spread of coronavirus spread rapidly this week, the world’s two largest live-entertainment companies, AEG and Live Nation, and several major agencies have announced that they are suspending tours for the rest of March.

In a rare show of unity among usually fierce competitors, live-entertainment agencies and promoters including AEG, CAA, ICM, Live Nation, Paradigm and UTA have formed a task force to strategize and coordinate a unified response to the spread of coronavirus and its growing impact on the touring business, according to multiple sources and media reports.

The Dow Jones Industrial Average dropped over 1,600 points on Wednesday afternoon, nearly 20% below its record high set in February. Stocks for entertainment conglomerate Live Nation were caught up in that drop, slipping 15.6% and erasing $1.7 in market cap valuation for the company, as Music Business Worldwide points out.

Veteran artist manager Kevin “Chief” Zaruk and business investor Simon Tikhman have announced the formation of The Core Entertainment with Live Nation invested in the firm as its strategic partner.

Janet Jackson, fresh from a residency in Las Vegas last year, today announced North American dates for her “Black Diamond” world tour this summer. The outing is an all-new production featuring new music from her forthcoming album “Black Diamond,” which is set for release later this year, along with songs from her 12 albums, including a special performance of “Rhythm Nation 1814,” which recently marked its 30th Anniversary.