Marc Geiger: Last News

Perry Farrell has revealed that Rick Rubin wanted to buy Lollapalooza following the cancelled 2004 revival.Lolla: The Story of Lollapalooza is a three-part docu-series directed by Michael John Warren that gives insight into the creation of Farrell‘s (Jane’s Addiction) music festival and its 30-year run going from a touring punk event to the annual music bash in Chicago’s Grant Park and beyond.In a new clip shared by Rolling Stone, Farrell and Lollapalooza co-founder Marc Geiger open up about the failed 2004 revival of the fest.“We made some bad mistakes trying to revive something that shouldn’t have been revived,” Geiger said in the clip. “It fell on its face…We’d been through so much and the ups and downs, and trying to stay on edge where there just isn’t an edge anymore.”Farrell then went on to reveal that American record producer Rick Rubin offered to buy the Lollapalooza name shortly after.

Jem Aswad Senior Music EditorSaveLive, the platform launched in 2020 by former WME music execs Marc Geiger and John Fogelman to “bail out” concert venues that were struggling during the pandemic, has announced its first round of partners, some 20 mid-size venues across the country, many in the South.The company has also completed its first round of financing, raising $135 million dollars to invest into the independent live music community. Investors include Breyer Capital, Deep Field Asset Management, Raptor Group, and Shamrock Capital.At the time of the company’s launch in October of 2020, Geiger, who was a cofounder of the Lollapalooza festival, said the plan was to invest in small clubs and build an indie touring network by acquiring a 51% ownership stake in the venues in question.

Todd Spangler NY Digital EditorThe NFT train keeps steaming along:  Universal Music Group is the first major music company to ink a partnership with Curio, a nonfungible token platform focused on entertainment brands.Under the deal, Curio will serve as a dedicated global outlet for future officially licensed NFT projects from UMG’s record labels, operating companies and recording artists worldwide. The first project under the partnership will be with British singer-songwriter Calum Scott, a Capitol Music Group artist, which is slated to launch this spring.NFTs provide a way to verify ownership of a piece of digital content, and entertainment companies have flocked to the technology as a way to monetize their intellectual property and boost fan loyalty.

Richard Bienstock “I’m often asked, did I think it was going to be what it became?,” Perry Farrell says before adding with a laugh, “I mean, that’s ridiculous. Of course not! How could I, you know?”The Jane’s Addiction cofounder is of course speaking about his other main creative offspring, the granddaddy of all U.S.

Shirley Halperin Executive Editor, MusicWME’s music business, like that of its fellow agencies, withstood tremendous blows for much of 2020 and into 2021 as the coronavirus pandemic brought touring to a halt.

Jem Aswad Senior Music EditorIn the Q&A session at the end of the Live Nation third quarter earnings report on Thursday, the company’s CEO Michael Rapino had some strong words for former WME music chief Marc Geiger’s recently announced “SaveLive” plan to bail out struggling independent concert venues via a joint-venture that would see Geiger and investors taking 51% equity in the venues.Rapino called the plan, for which Geiger has amassed $75 million from investors, a “fire sale” for venues and says he does not see it as being attractive to venues, even if they are struggling.Asked what impact, “if any,” the plan can have on the industry, Rapino audibly sighed and said, “Probably the same one he had at William Morris,” before continuing.

The Bob Lefsetz Podcast is not a soundbite show.Bob Lefsetz, the veteran industry commentator and podcast host, is known for his long-form interviews with compelling music industry guests and right now there are few guests more compelling than former WME co-head of music Marc Geiger.Since he left WME in June, the music business has been clamoring for details, but dishing on the palace intrigue at his agency -- or any other agency -- has never been Geiger's style.

the ongoing pandemic ultimately canceled. And you may have hoped, really hoped, that the venue would reschedule the event sometime this year.Well, according to a Lollapalooza co-founder, don’t hold your breath.Making an appearance on Bob Lefsetz’s podcast this week, Marc Geiger is asked when live music will return.“In my humble opinion, it’s going to be 2022,” he said.He went on to say, “It’s going to take that long before what I call ‘the germaphobic economy’ is slowly killed off and replaced by the claustrophobia economy — that’s when people want to get out and go to dinner and have their lives, go to festivals and shows.”“It’s my instinct that’s going to take awhile because super-spreader events — sports, shows festivals, etc.

Marc Geiger is sharing his thoughts on the state of the music industry amid the pandemic.

DEALSWye Oak’s Jenn Wasner has signed her Flock Of Dimes solo project to Sub Pop. Available right at this very moment is new EP ‘Like So Much Desire’.APPOINTMENTSFormer MD of Warner Chappell UK, Mike Smith, has been named Global President of Downtown Music Publishing. He replaces, well, no one.