EDM Global Producers, Djs & Artists
Live Nation CEO Michael Rapino predicts live music will bounce back in 2022. The entertainment company’s share price just reached an all-time high, peaking at $91.18. This is approximately $15 higher than pre-pandemic shares and reflects the demand for live events to return. Reading Festival and Creamfields are cited as proof of this demand, as both have …
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Live Nation has sold nearly 200,000 tickets to UK festivals this week since the government set out the roadmap out of the country’s coronavirus lockdown. While this year’s Glastonbury, set for late June, has already been cancelled, and May’s The Great Escape is going online instead, a number of festivals taking place later in summer …
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by: Farrell Sweeney Feb 4, 2021 Live Nation is suing their insurance company, Factory Mutual, for refusing to cover hundreds of millions of losses caused by the coronavirus pandemic. The lawsuit was filed in California federal court on January 29 as a result of the insurer refusing to honor their premium insurance policy, which specifically …
by: Sami Weisband Nov 11, 2020 Stocks for live music companies such as Live Nation immediately increased following Pfizer and BioNTech’s November 9 announcement that their co-developed COVID-19 vaccine was more than 90 percent effective in preventing COVID-19 in patients without prior SARS-CoV-2 infection. Specifically, Live Nation’s stock rose by 20.8% ($67.73); Madison Square Garden …
Live Nation is optimistic that live music will return next summer in full force. Despite the mass cancellation of shows, tours and festivals due to the coronavirus (COVID-19) pandemic, Live Nation CEO Michael Rapino expects a “robust outdoor summer season.” He says fans can look forward to “shows at scale next summer.” Rapino continues, “From venue sanitation …
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by: Jessica Mao Nov 6, 2020 With the events scene approaching eight full months of limited activity, the absence of live music has been felt pervasively. Released November 5, Live Nation‘s latest earning report reflects the landscape accordingly, with the major player reporting a 95 percent drop in the third quarter of 2020 compared with …
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With persisting restrictions on large gatherings and events worldwide, concert giant Live Nation reported another quarter of earnings that didn’t exactly excite investors. The top line number included a 95% drop in year-over-year revenue compared to Q3 2019, leading to an operating loss of $504 million for the quarter. Despite the unsightly financial results, Live Nation’s …
Continue reading “Live Nation Sees Path to Resuming Live Shows at Scale By Summer 2021”
Live Nation Entertainment is facing a renewed lawsuit filed by the family of Katie Dix, a young woman who died following a fatal drug overdose at the 2015 edition of HARD Summer. In a new ruling, Superior Court of Los Angeles County Judge Dan Thomas Oki said a company like Live Nation that plans and operates …
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Live Nation has launched the Black Tour Directory — a new online resource that connects tour organizers with black workers and black-owned businesses. From tour managers to sound engineers, production equipment to security, and lighting to merchandising, the site is a go-to for planning gigs and entire tours. It’s a move to help promote diversity …
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by: Dancing Astronaut Staff Oct 14, 2020 Live Nation has launched the Black Tour Directory, a register to create work opportunities for black workers and black-owned companies in the music industry’s live sector. The initiative shows Live Nation taking an admirable step in fulfilling its recent commitment to highlighting the music industry’s diversity. The sprawling …
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