LIVE NATION EYES IRELAND
-- Live Nation has plans to take its UK model to Ireland, according to Denis Desmond of Gaiety Investments. “In England, we’ve got Live Nation/Gaiety, which works great, and the plan is to recreate that in Ireland. We are talking; we are nearly there.” Live Nation and Gaiety jointly control Hamsard 2786 Limited, an investment vehicle that has made some aggressive moves in the U.K. Hamsard acquired Mean Fiddler in 2005 and acquired 56% of Academy Music Holdings Group in 2007. Academy owns and operates venues such as Caroling Brixton Academy and Shepherd’s Bush Empire in London. (Irish Times)
MUSIC DOWNLOADS CONTINUE TO SLIP FOR VERIZON
-- Verizon Wireless customers completed over 25 million music and video downloads in the second quarter. In the first quarter that number was 29 million. In the fourth quarter of 2009, customers completed over 38 million music and video downloads. The company reported 50 million music and video downloads in the fourth quarter of 2008, the highest number since it began breaking out music and video downloads in the earnings release for the second quarter of 2007.
(Q2 earnings release)
HULLABALOU FEST: A LOOK AT THE NUMBERS
-- The inaugural HullabaLOU festival is going on at Churchill Downs in Louisville, Kentucky this week. Some stats: 50,000 tickets had been sold as of two weeks ago, over 60% of attendees are from outside of Louisville and tickets have been sold to people from 47 states. A three-day pass to the festival, which features headliners Kenny Chesney, Bon Jovi and Dave Matthews Band, cost $200 for general admission. (Knoxville News Sentinel)
TENENBAUM APPEAL FILED
-- Labels have filed a notice of appeal to a court’s recent decision to reduce file sharer Joel Tenenbaum’s penalty by 90%. (Copyrights & Campaigns)
'RISE OF THE MEGA-REGION'
-- Richard Florida’s research shows the rise of the mega-region, or “integrated systems and cities and their suburbs.” The world’s 40 largest mega-regions account for 67% of the world’s economic output, he says. And, as he finds in a Pitchfork interview with the band The Walkman, mega-cities are important to music, too. “Half the band live in New York, half live in Philadelphia. They maintain recording space in both places, and recorded their upcoming album from BOTH studios.” Clap Your Hands Say Yeah and the Roots share time in Philadelphia and New York, too. (The Atlantic)
-- The touring economics of the band Oh, Sleeper explain why the “give away your music and perform live all around the country” is not always a practical business model. (Daily Swarm)
-- Vivendi has arranged for early refinancing of a €1 billion credit line. (Vivendi.com)
LIVE NATION EYES IRELAND