Nobody said coronavirus was a walk in the park. Though it looks like Grammy-winning music producer Andrew Watt is the music industry’s first bonafide survivor. Universal Music Group CEO Lucian Grainge was the first music industry figure to be dia… Continue Reading
Shares of Live Nation continued their downward descent on Monday as broader live event cancellations now seem inevitable. Live Nation, which has already been forced to mass-cancel the entire month of March, now seems likely to broaden its blackout peri… Continue Reading
Universal Music boss Lucian Grainge has tested positive for coronavirus, according to multiple reports surfacing this weekend. Lucian Grainge, who recently celebrated his 60th birthday, is reportedly being treated at UCLA Medical Center for coronavirus… Continue Reading
Shares of Live Nation continued nosediving on Thursday, with coronavirus complications causing a valuation loss of more than $8.3 billion. The plunge is part of a very bad week on Wall Street, based on continued fallout from the worldwide coronavirus p… Continue Reading
California Department of Public Health (CDPH) officials have recommended that events involving more than 250 people—that is, the vast majority of sporting outings, concerts, and music festivals—be postponed until the coronavirus (COVID-19) pandemic’s s… Continue Reading
MUSEXPO 2020 Creative Summit has been indefinitely postponed following the World Health Organization’s pandemic declaration and broader travel bans. As a result of the World Health Organization’s officially declaring the coronavirus (COVID-… Continue Reading
Frustration mounts as SXSW ticketholders are denied refunds for Austin Airbnb stays. Airbnb previously expanded its “Extenuating Circumstances” refund policy to cover renters who had planned to stay in (or who live in) countries and areas that have bee… Continue Reading
Shares of Live Nation (LYV) took a nosedive on Wednesday as global coronavirus fears cripple concert touring and attendance. Just ten days ago, Live Nation CEO Michael Rapino downplayed coronavirus concerns, while pointing to a temporary disruption. &#… Continue Reading
Last night, sources pointed to a postponement of both Coachella and Stagecoach festivals. Now, both moves are official. The following announcement was emailed to Digital Music News shortly after 4 pm PT. Official Goldenvoice statement: At the directi… Continue Reading
Led Zeppelin has officially beaten the rap on a long-running copyright infringement lawsuit surrounding ‘Stairway to Heaven’. The copyright infringement lawsuit against Led Zeppelin was first filed years ago by now-obscure classic rock back… Continue Reading
