Live Nation: Last News

sued three months ago to break up Live Nation, arguing the concert promoter and Ticketmaster illegally inflated concert ticket prices and hurt artists like Taylor Swift.Some states had sought damages under state law in the original lawsuit. By adding claims under the federal anti-monopoly law, states can seek three times the monetary damages.On Monday, 10 states joined the lawsuit filed in Manhattan federal court, and 26 states and the District of Columbia added claims for treble damages on behalf of their residents.New York Attorney General Letitia James said in a statement that her office is seeking damages for what state residents were overcharged by Live Nation and Ticketmaster.“It’s time for a new era where fans, venues, and artists are not taken advantage of by big corporations that run the world of live events,” she said.Indiana, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New Mexico, South Dakota, Utah and Vermont joined the lawsuit, boosting the total to 39 states and the District of Columbia.The lawsuit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.

insiders told Paula Froelich of NewsNation.During the pandemic, Live Nation changed its policy, so now, if a tour is canceled because of “poor ticket sales, the artist will receive 25% of the guarantee,” according to a memo obtained by Rolling Stone — so if the pop star’s advance was $10 million, she would get to take home a whopping $2.5 million.However, a source close to Lopez told Froelich that the songstress didn’t keep the cash.“The tour was in progress; people needed to be paid,” the source told NewsNation. “Unraveling a tour is not easy (or cheap).“People were already on salary.

Barclays on Friday suspended its sponsorship of all Live Nation music festivals in 2024 after various acts dropped out in protest over the bank’s links to defense companies that work with Israel.The suspension includes upcoming Live Nation festivals across the UK this summer, including Latitude, Download and the Isle of Wight.“The protesters’ agenda is to have Barclays debank defense companies which is a sector we remain committed to as an essential part of keeping this country and our allies safe,” the bank’s spokesperson told Reuters.The suspension comes after several artists, including country singer CMAT, metal band Ithaca and comedian Joanne McNally, pulled out of the events.Last month, Barclay’s annual shareholders’ meeting was disrupted by activists protesting against its alleged indirect links to violence in Gaza.

concert tickets.Nor can artists like Bad Bunny, The Black Keys, Justin Timberlake and Pink, according to reports.Even Coachella was reportedly more lackluster than in previous years.Yet, Taylor Swift is holding the most profitable concert tour in music history. And Beyoncé kills it whenever she’s on the road.While not all artists’ issues are the same, there do seem to be some universal themes impacting the music business.There are a lot of concerts going on in a post-pandemic world, ticket prices are climbing and it’s not easy to obtain tickets.

a report from The Mirror on Feb. 2 that MGM had teamed up with Live Nation to offer more than $800,000 a show.

concert ticket prices and hurt artists.“It is time to break up Live Nation,” said US Attorney General Merrick Garland.Concert fans and politicians for years have been calling for a re-examination of Live Nation’s purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor Swift’s first concert tour in years, sending fans into hours-long online queues, charging prices that customers said were too high and drawing charges of poor service.Thursday’s legal action underscores the aggressive approach President Biden’s antitrust enforcers have adopted as they seek to create more competition in a wide range of industries, from Big Tech to healthcare to groceries.“Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” Garland said, adding that as a result fans pay more in fees, artists have fewer opportunities to perform and smaller promoters get squeezed out.Shares of Live Nation were trading down 5%.Live Nation called the suit a possible “PR win for the DOJ in the short term,” but said the entertainment company would prevail in court. The lawsuit “won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows.”“There is more competition than ever in the live events market,” it added.The suit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues.

antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday, citing people familiar with the matter.Live Nation’s subsidiary Ticketmaster, which for decades has been condemned for hardball tactics and high prices, was also widely criticized in 2022 after botched ticket sales for Taylor Swift’s “Eras” tour, feeding demands that the two companies be investigated for harming consumers.The lawsuit would allege that Live Nation had leveraged its dominance in a way that undermined competition for ticketing live events, the WSJ report said.The DOJ and Live Nation did not respond to Reuters’ request for comment.Shares of the Ticketmaster-parent dropped about 6% in extended trading.Last year, Live Nation was issued a subpoena by a US Senate panel for documents pertaining to ticket pricing, fees and secondary sales.

14-year-old Astroworld concert victim John Hilgert have quietly reached a settlement with rapper Travis Scott, Live Nation, ScoreMore and other festival organizers, Rolling Stone reported. The family is said to have withdrawn a $1 million lawsuit back in February, settling for an undisclosed amount.High school freshman Hilgert was the second youngest of 10 victims to die after chaos broke out causing a crush at the opening night of the music festival in Houston Nov.

Travis Scott will return to festival stages this winter with three performances at Primavera Sound in South America, Pitchfork reports. The first show will take place in São Paulo, Brazil on November 6, with shows in Buenos Aires, Argentina (November 12) and Santiago, Chile (November 13) to follow.

Travis Scott has been accused in court of violating a gag order preventing him from discussing the Astroworld 2021 tragedy, the Associated Press reports. Bob Hilliard, an attorney representing some of the families of those injured and killed at the festival, made the accusation in court on Monday. Earlier this month, Scott announced Project HEAL, a philanthropic initiative that promises investment in "a tech-driven device" to boost safety at large events.

Spring is arriving, COVID cases are dropping and there's renewed optimism that things are getting back to normal. No, it's not March 2020, but the headspace from that time is where we find ourselves once more as omicron subsides.

descended on Rockefeller Center for the MTV Video Music Awards in 2006.The When We Were Young festival is going down with some of the most iconic acts in emo and pop-punk music of the last two decades, including My Chemical Romance, Paramore, Dashboard Confessional, Jimmy Eat World, Bright Eyes, Taking Back Sunday, The Used, Alkaline Trio and AFI, to name a few expected to appear at the one-day-only showcase at the Las Vegas Festival Grounds in Nevada on Saturday, Oct. 22.The presale for entry begins Jan.

The band 311 celebrates its 30th anniversary in 2020, but the band’s formation is an annual celebration even on non-milestone years. This March 11 was no different, with the band seeing a 23% uptick in radio play (compared to the previous week) in the alternative and active rock formats, according to Mediabase.