AEG Acquires 100% Ownership Over AXS Tickets

AEG has moved from stakeholder to 100% owner of AXS Tickets. The deal comes after fellow co-owners of AXS — Rockbridge Growth Equity and TPG Capital — negotiated the sell-off to AEG, which previously owned 38% of the company. The deal comes ahead of a … Continue Reading

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Live Nation Is Officially Under Investigation by the U.S. Department of Justice

The U.S. Department of Justice (DOJ) has confirmed that it is investigating whether Live Nation has been violating a consent decree that it has been required to follow since merging with Ticketmaster nearly a decade ago. The consent degree forbids Live… Continue Reading

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Tekashi 6ix9ine Testifies Against Gang Members in Federal Court — And Potentially Ends His Career In the Process

  Earlier this week, rapper Tekashi 6ix9ine testified in federal court against alleged members of the Nine Trey Gangsta Bloods gang, which may eventually require him to enter a witness protection program. But if Tekashi 6ix9ine, whose real name is Dani… Continue Reading

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Guild of Music Supervisors President: “We’re Not Paid Enough. I’m Getting Paid Less Now Than I Was In 1999.”

In a wide-ranging interview, Thomas Golubic, president of the Guild of Music Supervisors, talked about the many difficulties facing those who are responsible for supervising music production in motion pictures and television. In the deep-dive with Vari… Continue Reading

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Sony Resoundingly Rejects a Breakup Demand by Activist Investor Third Point

Sony has roundly rejected the break-up proposal, which was initiated by activist investor Daniel Loeb. Just hours ago, Sony Corp. officially rejected a plan to spin off its semiconductor business in a 8-page letter it sent to its shareholders.  The pla… Continue Reading

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Music Publishers Just Doubled the Size of Their Lawsuit Against Peloton to $300MM In Damages

Late last week, a group of music publishers amended their previous lawsuit against Peloton. Peloton is a tech-focused exercise bicycle startup with designs on a $500 million IPO. In the original suit, which was filed in a New York federal court in Marc… Continue Reading

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