For the international contemporary live music industry
LiveUK

World News

Recent World News

Ticketmaster merges top team

September 11, 2020

Live Nation Entertainment ticketing division Ticketmaster has restructured its head office, combining North America and International into one operation. Former president Jared Smith becomes chairman of the combined entity while Mark Yovich, formerly president of International, is now president of global business. Amy Howe, president of North America, becomes global…

Read more

Yucaipa paid ‘a substantial sum’ for K2

September 3, 2020

Following the acquisition of John Jackson’s UK-based K2 Agency by The Yucaipa Companies (TYC), which also owns US operation Artist Group International (AGI, see 18 August news), AGI head Dennis Arfa reveals how the Coronavirus pandemic delayed the deal by several months. The two companies will remain independent under the…

Read more

Festivals and promoters next for state help

August 31, 2020

Live music festivals and promoters can apply for €80 million ($93.7m) of grant aid from the federal government from Monday 7 September, via its Initiative Musik arm, which supports the country’s musicians and music sector at home and abroad. A further €30m ($35m) of investment funding is available to clubs,…

Read more

Safety messaging helps TMW to go ahead

August 21, 2020

Organisers of Tallinn Music Week (TMW) are confident of the event breaking-even, as they expect to welcome only slightly fewer delegates and music fans to the 60-venue conference and music festival. The event is set for 27-30 August. With no deaths from Covid-19 reported in the country since early June,…

Read more

Rob Hallett and Live Nation part company

August 20, 2020

Robomagic, the company formed by veteran agent, talent developer and former president of international touring at AEG Live in Europe Rob Hallett, is parting company with Live Nation Entertainment. The companies joined forces three years ago. Hallett helped develop artistes including Dexy’s Midnight Runners, UB40, Adam Ant and Duran Duran…

Read more

Safe concerts are the first step

August 18, 2020

PROMOTERS ARE aiming to demonstrate the safety of indoor concerts and trying out different audience formats following the lifting of some restrictions three weeks ago. The moves follow the government’s decision to allow seated-only indoor concerts with capacites of between 1,000 and 5,000, provided that venues are no more than…

Read more

Live Nation puts positive spin on Q2 figures

August 8, 2020

Live Nation Entertainment (LNE) was able to extract some positives from its second quarter (Q2) financial report, which was otherwise as devastating as for just about everyone else in live entertainment, but on a larger scale. Its survey of fan intentions found that 86 per cent were happy to retain their tickets…

Read more

Barracuda gets full CTS support in banking scandal

August 4, 2020

GERMAN PAN-Europeticketing and promotion giant CTS Eventim has stepped in to support the country’s largest promoter Barracuda Groupo after a bank which holds €34 million ($40.6m) of its deposits was ordered to stop operating in July. Austria’s Financial Market Authority instructed Commerzialbank Mattersburg (CM) to cease trading, including all withdrawals,…

Read more

Drones enable distanced live music in San Juan

August 4, 2020

A PRODUCT launch featuring drones by telecoms giant AT&T made the country’s first drive-in concert by Latin Grammy-winner Pedro Capó viable for co-promoters Move Concerts and No Limit Entertainment (NLE, part of Live Nation Entertainment). Staged in the car park of Hiram Bithorn Stadium (cap. 18,300) in San Juan, the event…

Read more

WiZink prepares to host concerts

July 14, 2020

ONE OF the country’s biggest arenas, Madrid’s WiZink Center (cap. 17,452) is reopening for concerts. The venue’s operator Impulsa Eventos e Instalaciones (IEI) has partnered with naming rights sponsor WiZink bank and telecoms company Telefónica to host paid-for live streamed concerts. The concerts will be performed in front of a small…

Read more

Amazon makes arena climate pledge

July 14, 2020

ONLINE RETAIL giant Amazon has secured a naming rights deal with venue management company Oak View Group (OVG), to rebrand the 18,100-capacity KeyArena in Seattle as Climate Pledge Arena. Amazon CEO Jeff Bezos says the name is “a regular reminder of the urgent need for climate action”, and the venue…

Read more

Restart package for live sector

July 14, 2020

VENUE ASSOCIATION LiveKomm has launched a funding programme to support 215 grassroots venues across the country. The initiative will support venues with a grant of €200 per concert, covering 6,900 events at a cost of €1.4 million ($1.133m). The Live 100 scheme will see €100 ($132) given to the venue…

Read more

Watchdog escalates probe into Viagogo-StubHub merger

July 11, 2020

A PHASE 2 in-depth investigation into the $4.05 billion merger of the two biggest secondary ticketing operators, Viagogo and StubHub, is to be underyaken by the Competition and Markets Authority (CMA). It launched an initial Phase 1 investigation last December and announced its findings in early June. It said the…

Read more

UK’s Dickins takes global role at WME

June 26, 2020

UK-BASED agent Lucy Dickins has been appointed co-head of WME’s worldwide music division following the departure in the US of WME partner and worldwide head of music Mark Geiger.

Read more

Promoters remain frustrated as event restrictions subside

June 26, 2020

COVID-19 event restrictions are being loosened worldwide but promoters do not expect business to return to anything like normal until the next year. New Zealand went into lockdown on 25 March, but all limits on gatherings were removed on 8 June and social distancing is no longer required. Showcase Entertainment…

Read more

Saudi influence ‘will help boost regional business’

June 4, 2020

VETERAN REGIONAL figure Thomas Oversen, now working with Saudi Arabian government-owned Diriyah Gate Development Authority (DGDA), believes the county’s growing interest in live entertainment will help the wider region, once the Covid-19 crisis has passed. He says the acquisition of a 5.7 per cent stake in Live Nation Entertainment (LNE)…

Read more

CTS Eventim suffers dramatic Q1 hit

June 4, 2020

PAN-EUROPE ticketing giant and promoter CTS Eventim reports a 34.7 per cent fall in first quarter (Q1) 2020 group revenue to €184.6 million ($203.2m), as a result of the Covid-19 pandemic. It says the “virtual standstill” in live entertainment in March, the last month of the quarter, also contributed to…

Read more

Concerts return to Italy and Spain

May 31, 2020

THE ITALIAN government has announced that concerts will be allowed to take place from 15 June for the first time since the country went into lockdown on 9 March. Outdoor concerts with up to 1,000 attendees and indoor shows with an audience of up to 200 will be allowed. While…

Read more

Live Nation’s debt climbs as Q1 revenue falls 20 per cent

May 21, 2020

IN AN effort to weather the Covid-19 storm, Live Nation Entertainment (LNE) increased the value of its bonds sale to $1.2 billion, days after stating it would be worth $800 million. In its latest bout of fund-raising (see below) and follows last month’s announcement of a $500m cost-cutting exercise. The…

Read more

Inglewood Forum sold

May 19, 2020

THE FORUM (cap. 17,505) in Inglewood, Los Angeles, has been sold by the Madison Square Garden Entertainment Corp (MSGE) to Steve Ballmer, owner of the Los Angeles Clippers basketball team. The $400 million deal will see the arena operated by the newly formed Forum Entertainment, with its existing leadership team of…

Read more