Live Nation

  1. Live Nation, Ticketmaster Chiefs Talk Strategy

    September 10, 2009 12:00 AM EDT At Wednesday’s Bank of America Merrill Lynch Media, Communications and Entertainment Conference, Ticketmaster CEO Irving Azoff and Live Nation President and CEO Michael Rapino talked about the future of their businesses and the need for their comp ...

  2. Analysis: Music Biz Earnings Recap

    August 25, 2009 12:00 AM EDT The latest round of earnings releases by music and music-related entertainment companies was a collection of troubled performances and requests for cautious optimism. As has been the case for many quarters, these companies emphasized the positives ...

  3. Ticketmaster Q2 Profit Slumps

    August 13, 2009 12:00 AM EDT Ticketmaster Entertainment Inc posted a 70% slump in second-quarter profit, hurt by lower ticketing revenue, especially in the concerts category. The company, which is in a protracted merger with world's largest concert promoter Live Nation I ...

  4. Ticketmaster Names Ex-EMI Head As International CEO

    August 10, 2009 12:00 AM EDT Ticketmaster Entertainment, the world's leading ticketing company, said on Monday it has appointed veteran EMI Music and Warner Music executive Roger Ames as its new chief executive of international operations. Ames, who most recently ran EMI ...

  5. Notes On Live Nation, Warner Music Group Earnings Call

    August 07, 2009 12:00 AM EDT Live Nation reported its Q2 2009 earnings on Thursday afternoon while Warner Music Group started the day with its fiscal Q3 2009 earnings call. Both companies posted net losses as they scale back acquisitions and capital expenditures, manage costs ...

  6. Live Nation 2Q Loss Widens As Revenue Falls

    August 06, 2009 12:00 AM EDT Concert promoter Live Nation Inc. said Thursday its loss widened in the second quarter as revenue dipped and it logged costs related to its proposed merger with ticket seller TicketMaster Entertainment Inc. Los Angeles-based Live Nation, which is ...

  7. Lawmakers Want Ticketmaster/Live Nation Probe

    July 28, 2009 12:00 AM EDT The proposed merger of ticketing giant Ticketmaster and Live Nation, the world's largest concert promoter, should be closely scrutinized by the Justice Department, according to the chair of a Senate antitrust subcommittee and 50 members of th ...

  8. Live Nation, Fuse Partner For Promotional Contest

    July 20, 2009 12:00 AM EDT Concert promoter Live Nation and music TV network Fuse have teamed up for a promotional partnership that will give music fans a chance to win tickets to concerts at select Live Nation-operated venues during the 2010 season. The "Rock Star for ...

  9. Briefs: Live Nation-Ticketmaster, Anti-Piracy In Sweden

    July 14, 2009 12:00 AM EDT -- The UK Competition Commission, an independent public body that investigates mergers and regulated industries, announced yesterday it is looking into the Live Nation-Ticketmaster merger. “If the inquiry group considers that the merger may be exp ...

  10. Michael Rapino: 'Strong Summer' For Live Nation

    July 14, 2009 12:00 AM EDT In a rare television interview this morning with CSNBC's Julia Boorstin, Live Nation CEO Michael Rapino says LN is having a "strong summer" and hopes the proposed merger with Ticketmaster will be consummated by the end of the year. ...

  11. Briefs: House of Blues, Joel Tenenbaum, Live Nation

    July 06, 2009 12:00 AM EDT -- Turns out Live Nation doesn’t need to merge with Ticketmaster to offer new and creative bundles to increase attendance at concerts, one of the stated benefits of a merged company. Today the concert promoter announced the “first ever” one-price ...

  12. SEC Filing Outlines A Merged Ticketmaster-Live Nation

    July 03, 2009 12:00 AM EDT Ticketmaster and Live Nation filed a Form S-4 joint proxy statement/prospectus with the SEC on Wednesday. The document is not complete but offers many details on the proposed merger of the two companies. - Michael Rapino is expected to serve as pr ...

  13. Live Nation, Microsoft Enter Into Sponsorship Deal

    June 30, 2009 12:00 AM EDT Microsoft's recently launched Web browser Internet Explorer 8 will be the official sponsor of the upcoming Nickelback tour and the Live Nation-produced Bamboozle Music Festival. As part of a sponsorship deal between Live Nation and Microsoft, ...

  14. Live Nation Expands Into South Africa

    June 24, 2009 12:00 AM EDT Live Nation has entered into a strategic alliance with South Africa's BIG Concerts. As part of the alliance, BIG Concerts will serve as the exclusive promotion partner for all Live Nation tours in South Africa. BIG Concerts sells more than 40 ...

  15. Briefs: Piracy, Live Nation, Millennium Music

    June 24, 2009 12:00 AM EDT -- Feargal Sharkey, chief executive of UK Music , wrote an op-ed for the Guardian that addresses criticism of trade groups' estimates of damages from digital piracy. The short version: it wasn't our estimates, we get a lot of competition ...

  16. Springsteen, Ticketmaster War Escalates

    June 22, 2009 12:00 AM EDT The war of words between Ticketmaster and the Bruce Springsteen camp continues to heat up. In a letter posted on Springsteen's Web site today, Springsteen manager Jon Landau calls to task the Newark Star Ledger and Ticketmaster Chairman Barry ...

  17. Concert Promoter Seth Hurwitz Sues Live Nation

    June 12, 2009 12:00 AM EDT Independent concert promoter Seth Hurwitz and the Maryland-based companies he co-owns, It's My Party (I.M.P.) and It's My Amphitheatre (IMA), have taken legal action against Live Nation. In an 11-count lawsuit filed shortly after Live Na ...

  18. Tickmaster/Live Nation Merger Under U.K. Scrutiny

    June 10, 2009 12:00 AM EDT The U.K. OFT (Office of Fair Trading) has referred the proposed merger between Ticketmaster Entertainment Inc and Live Nation Inc to the Competition Commission. Prior to the proposed merger, Live Nation made a deal with Europe's largest ticke ...

  19. Analysis: Recent Earnings Spotlight Ongoing Trends

    June 03, 2009 12:00 AM EDT The importance of ancillary revenue streams and continued consolidation - either within a company or between two companies - were some of the ongoing trends spotlighted in the most recent round of earnings reports. As companies manage the transiti ...

  20. Live Nation To Rollout 'No Service Fee' Promotion

    June 01, 2009 12:00 AM EDT Live Nation will eliminate service fees on more than five million lawn tickets and hundreds of concerts for its amphitheaters in a one-day promotion June 3. The 24-hour sales event is being billed as the biggest ticket promotion ever, which would ...

  21. Analysis: Ticketmaster Surviving Without Live Nation But Other Issues Remain

    May 14, 2009 12:00 AM EDT Ticketmaster’s Q1 2009 earnings release on Tuesday saw the company being impacted by the loss of Live Nation ticketing volume, the Bruce Springsteen ticketing fiasco in New Jersey and the proposed merger with Live Nation. Like many other companies ...

  22. Ticketmaster: Lenders Approve Live Nation Deal

    May 12, 2009 12:00 AM EDT Ticketmaster Entertainment Inc said on Tuesday it has received the required approval from its lenders for its proposed merger with Live Nation Inc, the world's largest concert promoter. The leading ticketing company said more than 50 percent ...

  23. Ticketmaster 1Q Profit Falls On Lower Ticket Sales

    May 12, 2009 12:00 AM EDT Ticketmaster Entertainment Inc. reported a 78 percent drop in first-quarter profit Tuesday as ticketing sales fell and a distribution agreement with merger partner Live Nation ended. The company also incurred costs related to the upcoming merger. ...

  24. Analysis: Live Nation’s Strategy Taking Time To Develop

    May 08, 2009 12:00 AM EDT Live Nation CEO Michael Rapino is very sure of the company's strategy. In the company's Q1 2009 earnings call, the concert promoter's long-term plan to sustainable profits was on display. Per-head spending was better, just as Rapino ...

  25. Live Nation CEO Confident About Summer Touring Season

    May 07, 2009 12:00 AM EDT Despite Live Nation's first-quarter loss of $102.7 million , due in part because of fewer music fans attending concerts in the North American market, the company's CEO Michael Rapino has assured investors that business will pick up this ...

  26. Live Nation 1Q Loss Widens As Attendance Drops

    May 07, 2009 12:00 AM EDT Live Nation, the largest U.S. operator of concert venues, said Thursday that its first-quarter loss widened in part because fewer people attended concerts in its core North America market. Live Nation Inc., which is planning to merge with Ticketma ...

  27. Business Briefs: Live Nation-Ticketmaster, Passalong, WMG

    April 15, 2009 12:00 AM EDT -- The proposed Live Nation-Ticketmaster merger was sharply criticized in a report by the American Antitrust Institute, a not-for-profit advocacy group. The report was written by a retiree of the Federal Trade Commission. An excerpt: "If the ...

  28. Live Nation, Comcast Sign Naming Deal For Hartford Shed

    April 15, 2009 12:00 AM EDT Live Nation and Comcast have entered into a seven-year agreement that gives the latter naming rights to the former New England Dodge Music Center in Hartford, Conn. The 25,000-capacity amphitheater will be renamed the Comcast Theatre, effective im ...

  29. Business Briefs: Live Nation-Ticketmaster Merger, StubHub, TrueAnthem and More

    April 07, 2009 12:00 AM EDT -- NPD Group found that 87% of U.S. digital music buyers used iTunes in 2008 versus 16% who used Amazon.com's MP3 store . Those figures do not indicate volume of purchases, just the percent of consumers who have purchased music at each store. ...

  30. TicketsNow Required To Turn Over Client Info

    April 03, 2009 12:00 AM EDT In the wake of the ongoing governmental scrutiny of the proposed Ticketmaster-Live Nation merger, and in particular snafus regarding the on-sales of Bruce Springsteen shows in New Jersey and linking from Ticketmaster to the TM secondary site Ticke ...

  31. Sean Moriarty Resigns From Ticketmaster Entertainment

    March 30, 2009 12:00 AM EDT Nearly two months after Ticketmaster Entertainment and Live Nation announced plans to merge, the fate of Sean Moriarty, president and CEO of the Ticketmaster division, has been revealed. The company has announced that Moriarty resigned on March 24 ...

  32. MySpace, Live Nation In Spain Concert Pact

    March 26, 2009 12:00 AM EDT MySpace and Live Nation have entered a marketing partnership for a series of concerts in Spain. The shows, called “MySpace Music Live Presents,” begin April 3 with a Franz Ferdinand concert at Madrid’s Palacio de los Deportes. More shows were expe ...

  33. Experts: Live Nation-Ticketmaster Deal Has A Chance

    March 26, 2009 12:00 AM EDT When the world's biggest concert promoter and largest ticket seller announced they would merge last month, it seemed unlikely that antitrust enforcers would approve the creation of such an entertainment giant. But some competition experts, se ...

  34. Ticketmaster Gets Credit Rating Downgraded

    March 25, 2009 12:00 AM EDT After last week's disappointing Q4 earnings release, Standard & Poor's Rating Service lowered by one level the credit rating of Ticketmaster Entertainment . From BusinessWeek.com: "The downgrade reflects Ticketmaster's weak ...

  35. Analysis: Ticketmaster Q4, Fiscal Year Financial Results

    March 25, 2009 12:00 AM EDT While Ticketmaster Entertainment's earnings release last week drew some media attention, most reports missed important details revealing the company's broader market value, revenue streams and an unusual appearance by chairman of the boa ...

  36. Regulator Looks Closer At Ticketmaster-Live Nation

    March 20, 2009 12:00 AM EDT The Department of Justice has asked Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc. for more information about their proposed merger, the companies said Friday. It is the second request from the DOJ, indicating that it is scr ...

  37. Ticketmaster Posts $1 Billion Loss In Q4

    March 19, 2009 12:00 AM EDT Ticketmaster Entertainment, which in February announced plans to merge with Live Nation, has reported a net loss of $1.07 billion for the fourth quarter ended Dec. 31, 2008. The loss is a result from the ticketing company taking an impairment char ...

  38. Nine Inch Nails' Reznor: Bands Often Scalp Tickets

    March 16, 2009 12:00 AM EDT Performers often scalp tickets to their own performances, using TicketsNow.com and StubHub.com as outlets, says Nine Inch Nails founder Trent Reznor in a blog posting . With the face value of tickets for the best seats so much less than what high ...

  39. U.K. Study Claims Live Beats Recorded Music Revenue

    March 16, 2009 12:00 AM EDT This year's ILMC (International Live Music Conference), the annual confab for international promoters, agent and venue owners, kicked off with a positive outlook despite the global recession. The event, which took place March 13-15 at the Roy ...

  40. Live Nation's Mojo Finalizes Amsterdam Venue

    March 13, 2009 12:00 AM EDT Mojo Concerts, the Dutch branch of Live Nation, has revealed that its new arena venue will be called the Ziggo Dome. It is named after the Dutch cable company that will be provide sponsorship. Mojo Concerts stages major acts in the Netherlands eit ...

  41. CTS/Live Nation Pact Would Survive Ticketmaster Deal

    March 06, 2009 12:00 AM EST The proposed merger of Live Nation and Ticketmaster will have no detrimental impact on the existing 10-year partnership agreement between Live Nation and leading European promoter/ticketing operation CTS Eventim, says the German company. Bremen-ba ...

  42. AEG CEO Slams LN-TM Merger During Billboard Keynote

    March 05, 2009 12:00 AM EST The proposed merger between Live Nation and Ticketmaster is clearly not in the best interest of the music business or the consumer, according Anschutz Entertainment Group president/CEO Tim Leiweke. The proposed merger "troubles us," Leiw ...

  43. Live Nation Posts Q4 Net Loss

    March 02, 2009 12:00 AM EST Live Nation, which last month announced plans to merge with Ticketmaster Entertainment, has reported a fourth-quarter net loss of $337.5 million or $4.33 per share, compared to a loss of $18.4 million or 25 center per share, during the same period ...

  44. Live Nation-Ticketmaster Merger Would Transform Resale Market

    February 27, 2009 12:00 AM EST Anxiety is running high among ticket resellers over the proposed merger between Live Nation and Ticketmaster Entertainment. Most secondary ticketing companies believe that the combination of the two live entertainment behemoths would give the newl ...

  45. Opinion: Ticketmaster-LN Hearing Was Great Internet TV

    February 26, 2009 12:00 AM EST Rife with grandstanding, posturing, a stunning lack of understanding of the industry on the part of politicians, humor, compelling characters and no small amount of drama, the subcommittee on antitrust, competition policy and consumer rights heari ...

  46. Ticketmaster: AEG May Cancel If Merger Succeeds

    February 26, 2009 12:00 AM EST Ticketmaster's chief executive sought Thursday to allay antitrust fears over the ticket seller's planned merger with concert promoter Live Nation by revealing that a major venue operator has threatened to cancel its contract if the merge ...

  47. Live Nation-Ticketmaster Merger Grilled On Capitol Hill

    February 24, 2009 12:00 AM EST The chief executive officers from Live Nation and Ticketmaster Entertainment were grilled today (Feb. 24) in Washington, D.C., by the U.S. Senate Judiciary's antitrust subcommittee and independent concert promoters, who questioned the motives ...

  48. Senate Spotlight On Live Nation, Ticketmaster

    February 23, 2009 12:00 AM EST The Senate Judiciary Committee’s first hearing on the proposed merger between live entertainment giants Live Nation and Ticketmaster Entertainment is set for Tuesday (Feb. 24). The subcommittee on antitrust, competition policy and consumer rights ...

  49. Ticketmaster To Change Online Sales Practices

    February 23, 2009 12:00 AM EST Nearly a month after a controversial ticket on-sale for Bruce Springsteen's upcoming North American tour, Ticketmaster Entertainment has reached a national settlement with the New Jersey Attorney General in which the ticketing company has agr ...

  50. Ticketmaster Shareholders Sue Company

    February 19, 2009 12:00 AM EST A group of Ticketmaster Entertainment shareholders have filled a class action lawsuit against the ticketing company, claiming its sale price to Live Nation was "grossly inadequate," according to the claim, which was filed last week in Lo ...

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