Live Nation Entertainment has reported a record third quarter, powered by a busy summer with concerts from the likes of The Weeknd, Red Hot Chili Peppers and Bad Bunny. Reported revenue for the third quarter amounted to $6.2bn (£5.52bn/€6.33bn) made up of $5.3bn for concerts; $531m for ticketing; $343m for sponsorship and advertising and a …
Two Astroworld lawsuits reportedly settled
Two lawsuits have reportedly been settled by families of victims of the Astroworld tragedy. A number of reports have surfaced surrounding a settlement agreement being reached with the family of Alex Acosta, a 21-year-old that was killed during last year’s festival. The Houston Chronicle has also reported that a settlement has been agreed for the …
When We Were Young festival cancels Saturday date due to high winds
Music festival When We Were Young, which is presented by live entertainment giant Live Nation, was forced to cancel its Saturday performances due to severe weather. The announcement was made by organisers just one hour before doors were scheduled to open at the Las Vegas Festival Grounds. In an announcement on Twitter, organisers said: “When …
Backstage: Blink-182 and more… – TheTicketingBusiness News
A round-up of the latest live music news… American rock band Blink-182 is set to return with Mark Hoppus, Tom DeLonge and Travis Barker (all pictured) for the first time in almost 10 years. The worldwide tour will be produced by Live Nation and will include the band’s first ever performances in Latin America. There …
3Arena expects to return to profit in 2022
Dublin concert venue 3Arena, which is operated by Live Nation-owned Amphitheatre Theatre, is expecting to return to profit this year following two COVID-impacted years. Over the next few weeks, singers Robbie Williams, Bob Dylan, Sigrid and rapper Kendrick Lamar are set to perform at 3Arena as part of its jam-packed 2022 schedule. According to a …
Bono embarks on 14-city arena book tour
U2 singer Bono is heading out on a 14-city book tour in support of his forthcoming memoir. The tour has been organised by Live Nation and Penguin Random House and will feature dates in North America and Europe. Kicking off at the Beacon Theatre in New York City on Wednesday, November 2, ‘Stories of Surrender’ …
Live Nation launches Club Pass
Live Nation has launched its Club Pass, a pass that lets music fans enjoy concerts at more than 50 participating venues across the US. Live entertainment company Live Nation has launched its Club Pass, a pass that lets music fans enjoy concerts at more than 50 participating venues across the US. Fans will be able …
Live Nation introduces artist discovery platform in Singapore
Live entertainment company Live Nation is launching its ‘Ones to Watch’ global artist discovery platform in Singapore. The initiative has already been implemented across the Asia-Pacific (APAC) region including Australia, New Zealand, China and most recently, Hong Kong. The new Ones to Watch Singapore program will help to showcase the talent of Southeast Asian emerging …
Pascrell hammers Live Nation’s Springsteen ticket prices
New Jersey congressman Bill Pascrell has asked Live Nation Entertainment to explain what he has described as the company’s “exorbitant” prices for musician Bruce Springsteen’s 2023 tour. In a letter to LNE president and CEO Michael Rapino, Pascrell, a prominent Democratic Representative, also called on the promoter to explain the “frustratingly opaque process” that leads …
Boomtown Fair co-founder explains stake sell-off
Boomtown Fair co-founder Lak Mitchell has described the sale of a minority stake in the UK music festival as the “hardest thing we have ever done” but admitted that the strains of the pandemic meant that finding new investment was the “only option”. Last month, Boomtown confirmed it had sold off a 45% stake, with …