Live Nation announce cuts to artist fees as gigs return; artists called them out and now they’re backtracking

Live Nation felt the anger of artists earlier this month after announcing they’d cut their fees whilst expecting them to perform as usual. It’s going to be a difficult transition as we return to some…

Apple acquires virtual reality startup NextVR

Apple have bought live sport, music and entertainment VR events host NextVR. It is unknown how much this cost Apple, but reports estimate around $100 million. NextVR work with companies such as Live Nation and…

Is Saudi Arabia looking to buy Warner Music Group?

Interesting reports have been circulating about one of the world’s biggest labels but are these simply rumours? Last week The Hollywood Reporter published an article suggesting that Saudi Arabia had made an offer on Warner…

Live Nation and Ticketmaster face a lawsuit for ‘monopoly’ over the live events industry

Ticketmaster are once again in bad press and with Live Nation in tow they’re looking at a class-action lawsuit. Citing the fact that Ticketmaster’s market share exceeds “70% of primary ticketing services for major concert…

Ticketmaster listens to disgruntled fans, allows refunds on postponed shows

Ticketmaster have reversed on their policy regarding COVID cancellations after meeting the ire of hundreds-of-thousands of customers. The live events industry has been hit hard by the current situation, with all concerts, shows, and performances…

iHeartMedia looks to cut $250 million to counteract COVID losses

Coronavirus has caused much of the world to come to a standstill and companies are having to cut costs big time. This week we heard how Live Nation are having to cut out $500 million…

Live Nation’s boss gives up his $3m salary to help the company cut costs

Not all bosses and big earners are bad, as Live Nation’s CEO & President has proved as the company aims to slash $500m in costs for the year. Live Nation, as a purveyor of live…

Live Nation sees shares crash after Glastonbury and other cancellations

With festivals and events cancelling around the world, COVID19 is having a drastic effect on the stock market. Coronavirus is effecting industries around the world, especially music. Musicians and performing artists around the world are…

Ticketmaster purchase Australia’s Moshtix

Ticketmaster have expanded their grip on ticket sales around the world with the purchase of one of Australia’s biggest ticketers. Australian ticketing firm Moshtix is now owned by Live Nation and their subsidiary, ticketing giants…

Ticketmaster could replace tickets with face scanning

Forgetting and losing your ticket might be a thing of the past soon, assuming you don’t lose your face on the way to a gig. Paper tickets are already becoming rarer and rarer, most events…