Archive | live nation

Live Nation to require proof of vaccination or negative COVID-19 test result at all venues, events by October

Live Nation will now require all attendees to present proof of vaccination or a negative test result at its venues and associated events by October 4. The move finds Live Nation following in the footsteps of Lollapalooza, which successfully hosted its 2021 iteration with the same policies in place. “12% of fans said Lolla was […]

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Live Nation issues ‘best practices’ document, allowing artists to dictate COVID-19 event protocol

In the wake of a somewhat turbulent return to live music as COVID-19 variants spread, entertainment giant, Live Nation has divulged that it will now allow artists to assert whether or not they will require negative COVID-19 tests or vaccinations at their shows in a recently issued “best practices” document. Already implementing the new strategy […]

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The Black Music Action Coalition published its first annual report

Last June, millions of people began to protest in support of Black Lives Matter catalyzed by the death of George Floyd at the hands of a police officer. The music industry, undoubtedly built on the success of black artists, saw record labels promising to promote change and racial diversity. Now, a year later, and the […]

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NYC charts Central Park mega concert in celebration of city’s reopening

Clubs are reopening. Festival lineups are dropping. Nature is healing. As cities across the US continue loosening COVID-19 restrictions, public attention is fixed on nightlife hotspots in anticipation of what industry insiders believe could be an unprecedented boom in the arts and entertainment spaces. In short, all eyes are on New York, and the city […]

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Live Nation has booked twice as many shows for 2022 as it did in 2019

Live Nation, the world’s largest live event and ticketing company, has reported that concert and festival ticket demand has upsurged and is selling out at a historic record pace with COVID-19 vaccines becoming more available across the globe. On a conference call with investors on May 6, President and CEO of Live Nation, Michael Rapino, […]

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Live Nation has booked twice as many shows for 2022 as it did in 2019

Live Nation, the world’s largest live event and ticketing company, has reported that concert and festival ticket demand has upsurged and is selling out at a historic record pace with COVID-19 vaccines becoming more available across the globe. On a conference call with investors on May 6, President and CEO of Live Nation, Michael Rapino, […]

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Live Nation, Veeps aim to standardize post-pandemic livestream concerts with 60 newly equipped venues

Just as corporate America learned that remote employment would endure beyond the pandemic, the music industry recognizes that livestreamed concerts are here to stay too. Now, emerging livestream platform Veeps, founded by former pop-punk rockers Joel and Benji Madden of Good Charlotte, has partnered with Live Nation to retrofit over 60 venues for this purpose. […]

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Live Nation outlines plans for triumphant return to live music

On February 25, Live Nation CEO Michael Rapino gave an optimistic update on the future of live music in 2021. The primary focus will be receiving government approval to operate live events at over 50% capacity. After obtaining the necessary legal permissions, Rapino estimates approximately three months are needed to rehire staff and rescale the […]

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Live Nation outlines plans for triumphant return to live music

On February 25, Live Nation CEO Michael Rapino gave an optimistic update on the future of live music in 2021. The primary focus will be receiving government approval to operate live events at over 50% capacity. After obtaining the necessary legal permissions, Rapino estimates approximately three months are needed to rehire staff and rescale the […]

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Live Nation sues insurance company amidst company’s refusal to cover COVID-19 claims

Live Nation is suing their insurance company, Factory Mutual, for refusing to cover hundreds of millions of losses caused by the coronavirus pandemic. The lawsuit was filed in California federal court on January 29 as a result of the insurer refusing to honor their premium insurance policy, which specifically designates “communicable diseases” as a covered […]

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Live Nation sues insurance company amidst company’s refusal to cover COVID-19 claims

Live Nation is suing their insurance company, Factory Mutual, for refusing to cover hundreds of millions of losses caused by the coronavirus pandemic. The lawsuit was filed in California federal court on January 29 as a result of the insurer refusing to honor their premium insurance policy, which specifically designates “communicable diseases” as a covered […]

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Live Nation sues insurance company amidst company’s refusal to cover COVID-19 claims

Live Nation is suing their insurance company, Factory Mutual, for refusing to cover hundreds of millions of losses caused by the coronavirus pandemic. The lawsuit was filed in California federal court on January 29 as a result of the insurer refusing to honor their premium insurance policy, which specifically designates “communicable diseases” as a covered […]

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Ticketmaster to pay $10 million criminal penalty after hacking rival ticket seller

Ticketmaster and parent company Live Nation have admitted to hiring a former employee from rival ticket seller CrowdSurge, which merged with Songkick, and using his knowledge including old usernames and passwords to “cut the company off at its knees.” Under the terms of the settlement, Ticketmaster has agreed to pay a criminal penalty of $10 […]

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Ticketmaster to pay $10 million criminal penalty after hacking rival ticket seller

Ticketmaster and parent company Live Nation have admitted to hiring a former employee from rival ticket seller CrowdSurge, which merged with Songkick, and using his knowledge including old usernames and passwords to “cut the company off at its knees.” Under the terms of the settlement, Ticketmaster has agreed to pay a criminal penalty of $10 […]

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Ticketmaster to pay $10 million criminal penalty after hacking rival ticket seller

Ticketmaster and parent company Live Nation have admitted to hiring a former employee from rival ticket seller CrowdSurge, which merged with Songkick, and using his knowledge including old usernames and passwords to “cut the company off at its knees.” Under the terms of the settlement, Ticketmaster has agreed to pay a criminal penalty of $10 […]

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Live Nation president feels ‘very good’ about live events returning in 2021

What a tumultuous year for live music. As the COVID-19 pandemic swept across the globe this year, we were forced to examine just how fragile the live events industry actually is, and by association, how unsure the lives of live events professionals can be. Events the world over were forced to cancel, international touring came […]

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Live Nation faces $47 million lawsuit over Times Square property

Live Nation is facing a $47 million property lawsuit in Manhattan. A lawsuit filed in New York the week of November 23 alleges that the ticketing and events company owes back rent and demolition fees for a four-story space in Times Square‘s 106-year-old Candler Tower, leased to McDonalds in 2003. Live Nation held a 20-year […]

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Ticketmaster to require negative COVID-19 test or vaccination to attend future events

Recently Live Nation‘s CEO Michael Rapino confirmed that the company is planning a return to full-scale shows by summer 2021. The projection was followed by an immediate stock jump after an efficacy report on Pfizer and BioNTech’s co-developed COVID-19 vaccine, in which it was said to be more than 90 percent effective in preventing COVID-19 in […]

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Ticketmaster to require negative COVID-19 test or vaccination to attend future events

Recently Live Nation‘s CEO Michael Rapino confirmed that the company is planning a return to full-scale shows by summer 2021. The projection was followed by an immediate stock jump after an efficacy report on Pfizer and BioNTech’s co-developed COVID-19 vaccine, in which it was said to be more than 90 percent effective in preventing COVID-19 in […]

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Efficacy report on COVID-19 vaccine candidate catalyzes stock jumps for Live Nation, other live music companies

Stocks for live music companies such as Live Nation immediately increased following Pfizer and BioNTech’s November 9 announcement that their co-developed COVID-19 vaccine was more than 90 percent effective in preventing COVID-19 in patients without prior SARS-CoV-2 infection. Specifically, Live Nation’s stock rose by 20.8% ($67.73); Madison Square Garden Entertainment’s, by 21.44% ($84.44); and CTS […]

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