Live Nation Entertainment revealed this week that it has officially pulled out of an agreed acquisition deal for a majority stake in the leading Latin American music promoter, OCESA. Now, the Mexico-based company is considering legal action. Originally, Live Nation was set to acquire a 51% stake in OCESA... Read more
CTS EVENTIM, one of the leading international providers of ticketing services and live entertainment, had a strong start to the 2020 financial year, but is now faced in March 2020 with severe impacts on revenue and earnings. The reason for this is the ongoing COVID-19 pandemic and the various... Read more
Promoter giant Live Nation entertainment announced that it would look into utilizing amphitheater parking lots for drive-in concert tours this summer. The concert industry is ultimately halted for the moment amid the ongoing coronavirus pandemic, and while artists have been hosting livestream events and sharing old concert footage, music... Read more
The bright lights of the Las Vegas Strip have been dimmed amid the current pandemic. But when local officials declare that the Entertainment Capital of the World can reopen, major Las Vegas player Caesars Entertainment will be ready having already devised a plan for a phased reopening. The gaming... Read more
StubHub has been hit with a class action lawsuit for refusing to refund fans for events that have been, or will be cancelled due to the ongoing coronavirus pandemic. The suit was brought on by the firm Koskie Minsky, on behalf of all Canadian residents who purchased tickets via... Read more
Australian ticket seller INTIX has developed a new contact tracing add-on to its platform aimed at keeping citizens safe while helping venues and live events cautiously return to business amid the coronavirus pandemic. The add-on will assist the Australian government track cases of COVID-19 by providing details on potentially... Read more
As much of the world navigates the coronavirus pandemic, Sweden took an unconventional approach in tackling COVID-19. The country never officially entered lockdown and has allowed schools, restaurants and most businesses to stay open as usual. Even crowded places like nightclubs have kept operations going with the extent of... Read more
People within the entertainment industry had the chance to join Backstage Productions’ second Live Entertainment Town Hall meeting on Monday. According to Pollstar, the event brought together a variety of industry executives to discuss where the industry is headed going forward, including several re-openings and drive-in movie theater shows... Read more
A ruling by a California federal judge dealt a substantial blow to a lawsuit brought by a former competitor of StubHub, which alleged the secondary ticketing site illegally used proprietary code after hiring employees from that competitor. U.S. District Judge Stephen V. Wilson granted partial summary judgement to StubHub... Read more
While states begin to reopen across the country, music fans can look forward to concerts slowly popping-up once again. However, when shows do return, they won’t be the same. Concerts are usually a freeing experience, allowing music fans to dance and sing among one another, crowd surfing, moshing, and... Read more
