Live Nation continues to struggle as revenue and operating income dip
Concert promotions giant Live Nation reported a 6 percent drop in revenues for the quarter ended June 30, 2009, compared to the same period in 2008, and the company’s operating…
Industry
Live Nation to give away golden concert ticket
Live Nation, continuing its summer of promotions and giveaways, is running a contest through Twitter to give away a “golden” concert ticket that will allow the winner to attend any…
Live Nation sued by Philadelphia festival promoter for alleged strong-arm tactics
It’s David versus Goliath as a small, Philadelphia-based concert festival, fights against Live Nation and two of its executives in a lawsuit over alleged breach of contract, tortuous interference, and…
Economy not deterring world’s sports fans
With the World Cup in South Africa and the Winter Olympics in Vancouver both set for 2010, sports fans would be wise to obtain tickets now, according to the New…
Live Nation’s online traffic increases in June
“NIELSEN RANKS LIVENATION.COM #7 MOST-VISITED MUSIC SITE” LOS ANGELES, CA (Live Nation) August 5, 2009 – Live Nation (NYSE: LYV), the world’s largest live music company, today announced that www.LiveNation.com…
Former Broadway producers sentenced in fraud case
Garth Drabinsky and his business partner Myron Gottlieb, the principals behind the bankrupt Broadway production company Livent, were both sentenced to several years in prison for their roles in a…
NBA owners concerned over economy’s impact on sport
It may be a collective bargaining ploy, but National Basketball Association owners are reportedly painting a dire picture of the league’s financial status as it prepares to enter into contract…
Bargain prices, fan enthusiasm drive strong concert ticket sales in 2009
The current economic crisis isn’t having a great an impact on concert ticket resale, according to a recent study by StubHub of activity on its site for 2009. Overall, StubHub…
Dallas Cowboys, U2 tickets return Dallas Cowboys Stadium to top of weekly venues rankings
Dallas Cowboys Stadium in Arlington, TX took charge once again in TicketNews’s exclusive venues rankings for the week ending Sunday, August 2. Helping the venue bounce back to number one…
New York Yankees gain ground in the top event rankings
TicketNews has released its exclusive Top Events rankings for the week ending August 2, and while Wicked is still the top selling event overall with a 5.80 power score, the…