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Viagogo-StubHub merger blocked in UK

February 4, 2021

UNITED KINGDOM CONSUMER WATCHDOG the Competition and Markets Authority (CMA) has ruled that controversial ticket resale website Viagogo must sell its StubHub business outside North America, concluding a 14-month enquiry. The investigation took evidence from live music promoters and venue operators, fans, competitors and artiste managers. The CMA decided the…

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Glastonbury cancelled for second year

January 27, 2021

UNITED KINGDON TICKET-BUYERS who placed a £50 deposit on a ticket to Glastonbury Festival (cap. 147,500) in October 2019 have been offered the chance to roll it over for another year as the event announced it was cancelled a second time due to the coronavirus pandemic. In a statement, father…

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Live Nation focused on future as revenue collapses

WORLD
December 22, 2020

Despite a dramatic, but expected third quarter (Q3) decline in revenue, Live Nation Entertainment (LNE) CEO Michael Rapino says he expects the company to bounce back strongly next year. He says 80 per cent of LNE’s shows have been rescheduled rather than cancelled, 8 per cent of fans globally are…

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AEG to manage new London venue

UNITED KINGDOM
December 22, 2020

AEG PRESENTS, the promoting division of venue owner AEG,  is to operate a new 4,400-capacity live music venue at Olympia London, part of a £1.3 billion ($1.7bn) regeneration of the exhibition, events and conference complex, Olympia London has hosted show by acts including Rod Stewart, Pink Floyd and, most recently,…

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