Live Nation Entertainment

  1. CTS Eventim Acquires Italy's TicketOne

    May 24, 2010 12:00 AM EDT The German concert promoter and ticket company CTS Eventim has completed its strategic acquisition of TicketOne in Milan, the leader of the Italian ticketing market. It is part of the Munich-based company's European expansion strategy. Last m ...

  2. Axl Rose Slams Irving Azoff In $5 Million Countersuit

    May 18, 2010 12:00 AM EDT Axl Rose says his former manager tried to implement a scheme to force him to reunite with the original Guns N' Roses band members and, as part of the plot, failed to properly promote the "Chinese Democracy" album, lied about a prosp ...

  3. Ticketfly Secures $3 Million In Funding

    May 12, 2010 12:00 AM EDT Fast-growing independent ticketing company Ticketfly has secured $3 million in Series A funding, and is on track to sell 1 million tickets this year, according to the company. Investors include High Peaks Venture Partners, Contour Venture Partners ...

  4. TicketsNow, 360 Deals a Drag for Live Nation

    May 10, 2010 12:00 AM EDT In its first quarter results on Monday, the first since its merger with Ticketmaster, Live Nation pointed to progress with its integration as well as its recent debt refinancing. The most important comments, however, were about its struggling seco ...

  5. U.K. Clears Ticketmaster/Live Nation Merger Again

    May 07, 2010 12:00 AM EDT Britain's Competition Commission cleared the proposed merger of the two U.S.-based live music giants, Live Nation Inc. and Ticketmaster Inc., for the second time on Friday (May 7). The U.K. regulatory body dropped its objections to the deal i ...

  6. American Idol Tour Shifts To Live Nation

    April 28, 2010 12:00 AM EDT After a seven year stint with AEG Live, the American Idol Live tour will be promoted by Live Nation, beginning July 1 at the Palace of Auburn Hills, Mich. This summer's tour will play Live Nation amphitheaters for the first time, along with s ...

  7. CTS Eventim Claims Live Nation Breached Contract

    April 21, 2010 12:00 AM EDT German ticketing company CTS Eventim AG has submitted a request for arbitration with the International Court of Arbitration of the International Chamber of Commerce and claims Live Nation has breached its contract, according to a Live Nation SEC f ...

  8. Business Matters: Trans World, Ning, Universal Music Group, Google and More

    April 16, 2010 12:00 AM EDT -- Entertainment retailer Trans World has received a commitment from Bank of America and other lenders to provide a $100 million revolving credit facility. This new credit agreement amends the previous agreement from January 2006. ( SEC filing ) - ...

  9. Business Matters: SoundExchange, Google, Live Nation and more

    April 09, 2010 12:00 AM EDT -- SoundExchange Q1 2010 payouts topped $52 million – 25% higher than any previous quarter. New registrants, growth in Internet radio and an increase in satellite radio subscriptions were said to be behind the record payout. ( New York Times ) -- ...

  10. Live Nation Cuts 100 Staffers

    April 06, 2010 12:00 AM EDT Live Nation cut about 100 people last week, mostly in "back office" personnel, including accounting, business operations, and other functions, according to a source with knowledge of the situation. The layoffs were part of ongoing effort ...

  11. Live Nation: DOJ Concessions Cost $118 Million In Annual Rev

    March 30, 2010 12:00 AM EDT Concessions to the Department of Justice cost Live Nation about $118 million in annual revenue, according to pro-forma financial statements released by Live Nation. The documents depict the new company as if both companies merged at the beginning ...

  12. Front Line Sues Axl Rose For Nearly $2 Million

    March 26, 2010 12:00 AM EDT Axl Rose is being sued by Front Line Management, which claims the singer owes him nearly $2 million in unpaid commissions. Front Line Management, founded by Irving Azoff, sued Rose in Los Angeles on Thursday (March 25) for nearly $1.9 million in u ...

  13. Billboard.biz Q&A: Comcast-Spectator President

    March 09, 2010 12:00 AM EST On the heels of the just completed acquisition by Comcast-Spectator of ticketing software company Paciolan , Comcast-Spectator president Peter Luukko spoke with Billboard.biz about the steps that led to the merger, how the company intends to compe ...

  14. Done Deal: Comcast-Spectacor Buys Live Nation's Paciolan

    March 09, 2010 12:00 AM EST Comcast-Spectacor, the Philadelphia-based sports and entertainment firm, has completed its acquisition of ticketing software provider Paciolan from Live Nation Entertainment. Terms were not disclosed. As a result of the acquisition, Comcast-Specta ...

  15. Ticketmaster's Multi-tiered Experiment

    March 01, 2010 12:00 AM EST Ticketmaster, the ticketing arm of Live Nation Entertainment, is experimenting with a form of multi-tiered pricing for the Eagles’ concert at Sacramento’s Arco Arena. At Ticketmaster.com, buyers use a new interactive seat map to choose a seat base ...

  16. Live Nation Entertainment: New Tactics, No Income Gains In 2010

    February 25, 2010 12:00 AM EST The public got a closer look at the recently merged Live Nation Entertainment on Thursday when the company reported its fourth quarter and full-year results . Analysts heard no income gains would be visible in 2010. Competitors heard about new tic ...

  17. Live Nation Merger Effect: Ticketfly Signs Largest Deal To Date

    February 18, 2010 12:00 AM EST Merriweather Post Pavilion in Columbia, Md., has inked an online ticketing and marketing deal with Ticketfly. The deal marks the largest venue contract to date for the upstart ticketing company, which also handles ticketing for 9:30 Club in Washin ...

  18. Report: Ticketmaster, FTC To Announce Settlement

    February 17, 2010 12:00 AM EST Ticketmaster, now part of Live Nation Entertainment, and regulators will announce a settlement on Thursday over complaints about the company's handling of ticket sales for a Bruce Springsteen concert, according to people familiar with the mat ...

  19. LN, Ticketmaster Merger Investigation Re-opened

    February 11, 2010 12:00 AM EST In another twist to the proposed merger of Live Nation and Ticketmaster, the U.K.'s Competition Commission (CC) has re-opened its investigation into the tie-up. The CC confirmed today (Feb. 11) that the original Dec. 22 decision, which cleare ...

  20. Op-Ed: One Cheer For Antitrust

    February 08, 2010 12:00 AM EST On Jan. 25, after 11 months of waiting, Ticketmaster and Live Nation received the approval of the U.S. Department of Justice to consummate their merger to form Live Nation Entertainment. At first blush it looked like a merger that the DOJ would bl ...

  21. Business Matters: Live Nation Ent., AEG, David Pakman

    February 04, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn . -- In the wake of the Live Nation-Ticketmaster merger AEG ...

  22. Merger Payday: Live Nation Shells Out Millions In Bonuses

    January 29, 2010 12:00 AM EST Live Nation Entertainment paid out $6.5 million in merger bonuses, according to a Friday SEC filing . In connection with the merger, president and CEO Michael Rapino received $3 million in cash and executive chairman Irving Azoff received $2 milli ...

  23. DOJ Draws Criticism Over Ticketmaster-Live Nation Merger

    January 29, 2010 12:00 AM EST The newly formed Live Nation Entertainment has industry watchers asking this: Why would the government allow a vertical merger that could possibly limit competition? Promoters are upset a competitor will have their ticketing data. And most everybo ...

  24. Business Matters: Ticketmaster-Live Nation Criticism, Apple Sales Predicitons

    January 28, 2010 12:00 AM EST -- Criticism of the Ticketmaster-Live Nation merger and the concessions accepted by the Department of Justice is compiled at the Wall Street Journal. Chicago concert promoter Jerry Mickelson makes a good point: there's more to a ticket price ...

  25. Analysis: The Potential In Live Nation Entertainment

    January 27, 2010 12:00 AM EST Here's the Live Nation-Ticketmaster merger in a nutshell: a company with nearly a 40% gross margin percentage and a slight but positive net profit (Ticketmaster) is going to build a live events powerhouse with a company with a 20% gross margi ...

  26. Live Nation's Newest Challenges

    January 26, 2010 12:00 AM EST Live Nation and Ticketmaster may have breathed a deep sigh of relief when the Department of Justice finally approved its merger on Monday, but in accepting a number of significant mandates from the DOJ, Live Nation Entertainment is expected to fac ...

  27. Reaction To Live Nation-Ticketmaster Merger

    January 25, 2010 12:00 AM EST Anschutz Entertainment Group CEO Tim Leiweke said the concessions attached to the DOJ approval of the merger will "enhance our ability to compete effectively in the ticketing, venue operation and live event promotion businesses,” in a prepare ...

  28. Ticketmaster-Live Nation Merger Approved

    January 25, 2010 12:00 AM EST The Department of Justice announced today that it will approve the Live Nation/Ticketmaster merger after nearly a year of investigation and due diligence. The new company, to be called Live Nation Entertainment, has agreed to divest its Paciolan t ...

  29. CTS Eventim Challenges Live Nation-Ticketmaster U.K. Ruling

    January 24, 2010 12:00 AM EST German ticketing company CTS Eventim AG is challenging the Competition Commission's (CC) approval of the proposed merger between Live Nation and Ticketmaster in the United Kingdom. Eventim is arguing that the antitrust authorities didn't ...

  30. Business Matters: Live Nation, AEG, Online 'Spectators' Vs. 'Conversationalists'

    January 21, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn . -- Live Nation has signaled to competitor AEG it is willi ...

  31. Analysis: 5 Reasons Why 2010 Will Be Revolutionary For The Music Biz

    January 12, 2010 12:00 AM EST This year will host numerous events that could well change the course of the music industry. From the future of music giant EMI to the impact of the Performance Rights Act, many events that will occur in 2010 could have deep, long-term consequence ...

  32. Live Nation, Ticketmaster Shareholders Approve Merger

    January 08, 2010 12:00 AM EST Live Nation and Ticketmaster Entertainment shareholders have overwhelmingly approved the proposed merger of the two companies, according to separate news releases from the live entertainment giants. The $2.5 billion deal, which was announced last ...

  33. Veteran Touring Exec Steve Finkel Dies

    January 07, 2010 12:00 AM EST Steve Finkel, GM of Live Nation's Verizon Wireless Music Center and Blossom Music Center in Cuyahoga Falls, Ohio, died Jan. 4 after a long battle with bladder cancer. He was 54. Finkel was in the concert industry for more than 30 years and sp ...

  34. Analysis: Events To Watch In Early 2010

    December 31, 2009 12:00 AM EST The year will get off to a fast start as early 2010 will contain important events for numerous segments of the music industry. In retail, the holiday performance of Trans World will show whether or not the company has started to turn a corner. In ...

  35. Proposed Ticketmaster-Live Nation Merger: What To Expect Next

    December 22, 2009 12:00 AM EST When the $2.5 billion Ticketmaster-Live Nation merger received the green light from the U.K. Competition Commission on Tuesday (Dec. 22), that left all eyes turned toward U.S. and Canadian regulators who are reviewing the proposed combined company ...

  36. U.K. Regulator's U-Turn On Ticketmaster, Live Nation

    December 22, 2009 12:00 AM EST In its ruling today (Dec. 22), the Competition Commission (CC) completely changed its position on the proposed merger of Live Nation and Ticketmaster in the U.K. Such an about-turn for the U.K. regulator is "unusual" according to Simon B ...

  37. U.K. Body Approves Ticketmaster, Live Nation Merger

    December 22, 2009 12:00 AM EST Ticketmaster and Live Nation have welcomed the Competition Commission's (CC) decision to clear the proposed merger of the companies in the U.K. The CC has concluded today (Dec. 22) that the merger will not result in a substantial lessening of ...

  38. New Site Launched Against Ticketmaster-Live Nation Merger

    December 16, 2009 12:00 AM EST Members of Congress, public interest advocates and ticket brokers have teamed up to launch a new Web site that aims to inform the public about the possible impact of the proposed merger between Ticketmaster and Live Nation. The site, ticketdisaste ...

  39. Live Nation Outlines 'Legal Flaws' On U.K. Merger Ruling

    December 07, 2009 12:00 AM EST Live Nation has submitted a document detailing what it describes as "key legal flaws" in the provisional Competition Commission (CC) ruling that the proposed Live Nation and Ticketmaster merger will hinder competition in the market for l ...

  40. TMG/AEG Live President Messina Clarifies Ticketmaster Stance

    November 19, 2009 12:00 AM EST An ongoing investigative report on ticketing practices from Nashville's NewsChannel 5 has created a stir, and promoter Louis Messina, president of TMG/AEG Live wants to clarify comments he made in a segment that aired last night regarding Tic ...

  41. Business Matters: EMI, Comcast, John Taylor, Wolfgang's Vault

    November 17, 2009 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- More on EMI 's debt with Citi : The Financial Times reports Terra Firma has written down its investment in EMI by 90%. "Mr Hands want ...

  42. Live Nation-Ticketmaster Deal Vote Set For Jan. 8

    November 06, 2009 12:00 AM EST In a tacit acknowledgment of a delay in their plan to combine, Live Nation Inc. and Ticketmaster Entertainment Inc. said in filings Friday that a shareholders meeting to approve the deal is set for Jan. 8. The companies had previously said they ex ...

  43. Live Nation/Ticketmaster U.K. Merger Inquiry Extended

    November 06, 2009 12:00 AM EST The inquiry by the Competition Commission (CC) in the U.K. into the merger of Live Nation and Ticketmaster has been extended by eight weeks, and will now report by Jan. 19, 2010. It follows a provisional CC ruling on Oct. 8 that the merger will hi ...

  44. Live Nation And Ticketmaster U.K. Merger Review Extended

    November 05, 2009 12:00 AM EST Britain's Competition Commission extended on Thursday its inquiry into the proposed merger between Live Nation Inc and Ticketmaster Inc, the two most powerful companies in the live music business. The inquiry has been extended by eight weeks, ...

  45. Heated Panel Debates Ticketing Strategies

    November 04, 2009 12:00 AM EST Michael Marion, the GM of North Little Rock, Ark.'s, Verizon Arena (formerly Alltel Arena) drew applause during a morning panel today at the sixth annual Billboard Touring Conference and Awards after sharing his thoughts on a polarizing subje ...

  46. Business Matters: '60 Minutes,' Live Nation, AEG, Lala

    November 02, 2009 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- Last night, CBS gave content creators a major public relations lift. Television show "60 Minutes" had a feature on movie piracy which ...

  47. Live Nation In Partnership With Scene

    October 27, 2009 12:00 AM EDT The entertainment rewards program created by Canadian bank Scotiabank and movie giant Cineplex Entertainment today announced a strategic partnership with concert producer Live Nation. The program, called Scene, will allow members to redeem loyalty ...

  48. Business Matters: Ticketmaster, Vevo, Robbie Williams

    October 19, 2009 12:00 AM EDT Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- Ticketmaster CEO Irving Azoff said he "remains highly confident" the company's proposed merger with Live Nation "will happe ...

  49. U.S. Likely To Follow U.K. Objections On Ticketmaster

    October 09, 2009 12:00 AM EDT Regulators in the U.K. and U.S. appear likely to impose conditions on the merger of concert promoter Live Nation Inc. and ticket-selling giant Ticketmaster Entertainment Inc. now that British authorities came out against the deal Thursday. The U.K ...

  50. LN/Ticketmaster Facing U.K. Competition Hurdle

    October 09, 2009 12:00 AM EDT While the provisional report from the U.K. Competition Commission has dealt a blow to the Live Nation and Ticketmaster Entertainment merger, it appears to be a uniquely British problem according to a competition lawyer. On Oct. 8, the U.K.'s ...

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