DEAG Deutsche Entertainment (DEAG) has successfully completed the placement of its Corporate Bond, with an issue volume of €50m (£43m/$55m). The issue was oversubscribed and the offering was terminated earlier yesterday (Monday). The annual fixed interest rate was set at 8% during the book building process. DEAG announced the issuance of the Corporate Bond earlier …
Organisations collaborate to amplify voices of Black disabled creators and professionals in music
Charity Attitude is Everything and Black Lives in Music (BLIM) have revealed their first major collaboration, the ‘Unseen Unheard’ report and podcast. The disability-led and Black-led charities have joined forces to amplify the voices of Black disabled creators and professionals working across the UK’s music industry. Based on survey findings taken from BLIM’s October 2021 …
Vivenu opens new US headquarters in Tampa, Florida
Primary ticketing and experience technology company, Vivenu, has opened a new US headquarters in Tampa, Florida. The new office will help to further expand Vivenu’s operations in the US and build its regional customer base. Over the coming months, Vivenu will look to hire individuals to work across sales, customer experience and marketing. Simon Hennes, …
Industry bodies react to scrapping of business energy price cap
Industry organisations have reacted to the plans set out by the UK Government to help businesses deal with the inflated energy costs. The government is scrapping the energy price cap for businesses from April 2023 and is instead replacing it with a discount. The new plans will see eligible businesses in the UK receive a …
NTIA survey reveals impact of spiralling costs on night time economy
The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that gives an indication of the current impact of rising costs on the night time economy and hospitality businesses in the UK. The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that …
Victoria Government to provide training grant for live music industry
Live music industry body CrewCare will receive a A$190,000 (£108,000/€126,000) grant from the Victoria Government to train and deliver more job-ready music crew. As Australian music fans return to gigs, concerts and festivals, the Andrews Labor Government is looking to invest in the behind-the-scenes workers that keep the live music industry running smoothly. The funding …