Category archives: Live Nation

As desperate US venues consider Marc Geiger’s 51% takeover plan, their UK counterparts get millions in government aid

Legendary jazz club Ronnie Scott’s is being paid $1.7m by the UK government
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Live Nation has already lost out on $7bn of revenue due to COVID-19 – and will slash costs by $900m across course of 2020

“We estimate the lost revenue impact from the global COVID-19 pandemic in the third quarter and first nine months of 2020 to be approximately $3.7 billion and $7.0 billion, respectively.”
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Here’s what Spotify, Live Nation, Sony, Warner and other music companies are paying women compared to men in the UK

Sony, Warner, Spotify and Live Nation’s numbers have been revealed
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Live Nation pulls out of $400m-plus majority acquisition of Latin America’s biggest promoter

“Live Nation anticipates that CIE will defend these arbitration proceedings and that both CIE and TV may pursue any legal remedies available to them.”
The post Live Nation pulls out of $400m-plus majority acquisition of Latin America’s biggest pr…

Live Nation raises $1.2bn, which will provide ‘extra cushion to withstand any scenario well into 2021.’

‘This added liquidity will help bolster our already strong balance sheet.’
The post Live Nation raises $1.2bn, which will provide ‘extra cushion to withstand any scenario well into 2021.’ appeared first on Music Business Worldwide.