Live Nation, Oak View Group Partner on New Arena in Brazil
Live Nation Entertainment, Oak View Group, and GL events are partnering to develop a new 20,000 seat arena in the city of São Paulo, Brazil, which is expected to break ground next year and open in 2024. The development will be located in the city’s ANHEMBI entertainment district, which... Read more
Ticketmaster Targeted by Conservative Ad Campaign Over “Woke” Politics
Ticketmaster has been targeted by attack ads paid for by a conservative group, alleging that the company is attempting to “distract attention from their corporate failures by playing woke politics.” Major League Baseball is also a target of the campaign, which is paid for by Consumers’ Research as part... Read more
Endeavor Execs Resign from Live Nation Board After DOJ Anti-Trust Scrutiny
A pair of executives from Endeavor abruptly resigned from the Live Nation Entertainment Board of Directors last week amid anti-trust concerns. Endeavor Chief Executive Officer Ariel Emanuel and President Mark Shapiro resigned their positions after the Department of Justice “expressed concerns that their positions on the Live Nation Board... Read more
ASM Global, Ticketmaster Extend Deal on Strength of Data Harvesting
ASM Global and Ticketmaster announced an extension of their partnership Tuesday. The agreement will keep the Live Nation Entertainment-owned ticketing giant as the vendor serving a number of ASM’s North American properties, which include stadiums, arenas and convention centers. “With amazing content in all of our venues as a... Read more
Live Nation Brings in Pepsico, Tito’s Vet as Chief Brand Officer
Live Nation Entertainment announced the hiring of Nicole Portwood as Chief Brand Officer, a new position at the company. Portwood joins the entertainment giant having recently served as VP of Marketing at PepsiCo in charge of Mountain Dew and other flavored soft drinks. Prior to that, Portwood was VP... Read more
Live Nation’s CEO Paid Millions In 2020 After “Giving Up” Salary
The Live Nation public relations engine was able to secure substantial coverage last year for what appeared on its face to be a very magnanimous act by its CEO: Michael Rapino forgoing his entire salary for 2020 once the COVID pandemic bore down on the industry and hit his... Read more
Masonic Cleveland Sues Live Nation, Claims $90 Million in Damages
The ownership of Cleveland venue has filed a lawsuit against Live Nation Entertainment, claiming nearly $100 million in damages after a brief business relationship went south in 2019. TempleLive, which owns and operates the Masonic Cleveland space, alleges that the promotional and ticketing behemoth is in violation of both... Read more
Live Nation Manager Says Company Has Laid Off 96 Percent of Staff
Live Nation Entertainment has laid off more than 96 percent of its staff amid the ongoing COVID pandemic, according to a letter from a regional manager in Connecticut. The manager, Michael Andrews, referenced the cuts in a letter to a Connecticut utility commission asking for forgiveness in over $1,000... Read more
Houston Dave Chappelle Shows to Require Negative COVID-19 Test
Fans hoping to attend a set of performances by comic Dave Chappelle this weekend in Houston will need to add a COVID-19 test to their plans. The standup is requiring a negative COVID-19 test result for admission to the performances, which take place at House of Blues in the... Read more
Live Nation Revenue Down 95 Percent in Q3 Earnings Report
Continued revenue struggles and cash burn continued for Live Nation over the third quarter of 2020, according to earnings figures released this week. The company showed revenue down by 95 percent compared to the same time period last year, which was expected amid the continued shutdown of much of... Read more