Michael Rapino: Last News

27 confirmed deaths have been reported and over 20 people have been reported missing.Now, in a bid to help those impacted from across the music community, the Crew Nation Global Relief Fund will be donating the money to help assist performing musicians, live music crew, and live music industry workers.Crew Nation was established by Live Nation Entertainment back in 2020 – back when live music was put on hold during the pandemic – and has spent the last five years delivering aid to those in the music world who are undergoing unforeseen hardships. Already, over 16,000 crew members have been supported by the efforts, and $10million (£8.13m) has been contributed by Live Nation, as has $8million from artists, fans, and industry partners.The latest efforts for those affected by the wildfires mean that financial grants have been organised.

Ethan Shanfeld Henry Winkler, Sexyy Red, Ty Dolla $ign and Ski Mask the Slump God have joined “Rolling Loud,” an R-rated hip-hop comedy starring Owen Wilson and Matt Rife. Named after the world’s largest hip-hop festival, “Rolling Loud” is inspired by the true story of an overprotective father (Wilson) who, in an effort to be a cool and favorable Dad, sneaks his 13-year-old son (Convery) into a music fest, setting off a chaotic adventure with his reckless co-worker (Rife) and a quirky festival volunteer (Christine Ko). Together, they navigate wild crowds, security and family dynamics.

Green Day have put out a casting call for a new film inspired by the band’s early days. Find all the details below.Earlier this month, it was reported that Live Nation Productions was working on a comedy movie called New Years Rev, with all three members of the pop-punk trio involved.

Green Day‘s early days is in the works.According to reports from Variety, Live Nation Productions is working on a roadtrip comedy titled New Years Rev, with all three members of Green Day producing. The film is currently in production in Oklahoma.New Years Rev – which was inspired by Green Day’s early days living and touring in a van – will tell the story of three friends as they travel across the United States after mistakenly thinking they’ll be opening for a Green Day New Years concert in Los Angeles.Mason Thames, Kylr Coffman and Ryan Foust star as the young group of friends who embark on a life-changing journey.

Lionsgate’s Trey Edward Shults directed and written suspense thriller Hurry Up Tomorrow starring The Weeknd in his big screen debut, Jenna Ortega and Barry Keoghan, is getting a release date of May 16.

Ethan Shanfeld The Weeknd‘s suspense thriller “Hurry Up Tomorrow,” in which he stars alongside Jenna Ortega and Barry Keoghan, will debut in theaters on May 16. Directed by Trey Edward Shults (“Waves”) and distributed by Lionsgate, the film is inspired by and featuring new music from the Weeknd. It’s described as a “first of its kind theatrical experience.” “Hurry Up Tomorrow” marks the final piece in the Weeknd’s artistic trilogy featuring 2020’s “After Hours” and 2022’s “Dawn FM.” The film also lines up with the Weeknd’s next album and concert tour of the same name.

Jem Aswad Executive Editor, Music Live Nation saw its biggest summer concert season to date, the company announced in its third-quarter earnings on Monday, with profitability up 39% to $474 million over the previous year, revenue of $7.7 billion and operating income of $640 million and adjusted operating income of $910 million. The news follows Live Nation’s all-time biggest first quarter earlier this year, and a record 2023.

EXCLUSIVE: Lionsgate has stepped up to land worldwide theatrical distribution rights to Hurry Up Tomorrow, the new title of a film that marks the feature-starring debut of The Weeknd (Abel Tesfaye). The Grammy-winning and Oscar- and Emmy-nominated artist stars alongside Jenna Ortega and Barry Keoghan. Trey Edward Shults directed what now is being called a psychological thriller. The film is an extension of the anticipated album of the same title (release date forthcoming) which stands alongside the film’s score by The Weeknd and Daniel Lopatin.

Katcy Stephan The Weeknd‘s upcoming film “Hurry Up Tomorrow” will get worldwide theatrical distribution from Lionsgate. The musically-driven psychological thriller which stars Abel “The Weeknd” Tesfaye, Jenna Ortega and Barry Keoghan is directed by Trey Edward Shults (“Waves”). The film is produced by Tesfaye’s Manic Phase and Reza Fahim along with the late Kevin Turen and Harrison Kreiss.

EXCLUSIVE: A documentary about rapper French Montana has landed at Paramount+.

Jem Aswad Executive Editor, Music Not surprisingly, Live Nation is posting another record quarter in Q2 2024, with revenue up 7% over Q2 2023 to more than $6 billion, operating income up 21% to $466 million and 39 million fans globally at its concerts, up 5% with double-digit growth at the company’s arenas and amphitheaters. Its Ticketmaster division has sold 183 million fee-bearing tickets sold year-to-date, up 3% despite reduced stadium activity, and onsite sponsorship from its operated venues and festivals is up 28% year-to-date.

2021 Astroworld tragedy, in which 10 people were killed and hundreds more injured in a deadly crowd crush during Travis Scott‘s headline set.Following the recent news that Scott and Live Nation have settled nearly all the wrongful death lawsuits, the date for the last lawsuit has now been set for trial in civil court in September, a judge ruled on Tuesday (May 14) (as per AP).Jury selection will begin on September 10 for the lawsuit filed by the family of Ezra Blount, who was the youngest person killed at the concert at nine years old. Should the lawsuit go to trial, it will be the first civil case from the Astroworld tragedy to go before a jury.Along with Scott and Live Nation, who organised the festival, Blount’s family is suing other companies and individuals who are connected to the event e.g.

its end-of-year report yesterday (February 22). It stated that live music soared worldwide over those 12 months “from clubs to stadiums”, with 145million fans attending over 50,000 events (up 20 per cent from 2022).Ticketmaster sold 620million tickets, a 13 per cent increase from the previous year.

Jem Aswad Executive Editor, Music Live Nation had another record year in 2023 as multiple superstar acts toured the world and live entertainment returned in earnest after the pandemic shut it down for nearly all of 2020 and 2021. The world’s largest live-entertainment company saw revenue of $22.7 billion, up 36% from 2022, pointing to record attendance, ticket sales and sponsorships. Adjusted operating income was $1.86 billion, up 32% year-over-year.

Media, entertainment and tech companies held their own in the top 25 ranking of overpaid CEOs in 2022 by nonprofit As You Sow. Live Nation’s Michael Rapino ($139 million pay package) topped the list, which also included Netflix, Paramount Global and Warner Bros Discovery, as well as Charter, Apple and Alphabet.

Steven J. Horowitz Senior Music Writer In the wake of massive summer tours from Taylor Swift and Beyoncé, Live Nation has announced yet another record-breaking quarter in Q3 of 2023, with revenue up 32% to $8.2 billion and up 36% to $16.9 billion so far this year.

Thania Garcia Live Nation has launched a new program called “On the Road Again” to financially support developing artists and their teams facing growing costs of touring expenses. In making the announcement, the concert promoter has partnered with Willie Nelson, who lent his 1980 country single as the anthem for the initiative. Live Nation-owned and operated clubs are expected to deliver tens of millions of dollars in extra earnings to club artists and crew by providing $1,500 in gas and travel cash per show to all headliners and support acts, on top of nightly performance compensation.

Jem Aswad Senior Music Editor Despite angry words from Taylor Swift, major issues with its Ticketmaster division, a Senate hearing and incoming legislation, Live Nation posted another record-breaking quarter in Q1 of 2023, with a record $3.1 billion in revenue — up 73% from the same period last year — and a record 19.5 million fans attending its events as the global touring business returns to full strength. The company’s concerts division already has sold almost 90 million tickets for shows this year already, more than 20% ahead of last year, and posted adjusted operating income of $320 million, a 53% increase. “With many major tours — from Beyoncé to Drake to Bruce Springsteen — demand was so strong that even when artists added a number of additional shows, they still were not able to meet all of the fan demand,” Rapino said.

the subject of a recent hearing in the US Congress which examined the issues with the ticketing market that contributed to a well-publicised fiasco relating to the pre-sale of Taylor Swift’s upcoming ‘Eras’ tour.Tickets for the tour went on sale in November and saw thousands of fans reporting lengthy wait times, website outages, and hyper-inflated prices on resale sites (including Ticketmaster’s own). The ticketing company later admitted it buckled under the “historically unprecedented demand” they faced from Swift’s fans before cancelling the general sale.President Joe Biden recently called on ticketing companies to limit such fees, often called “junk fees”, that are added to ticket prices which he said “can easily add hundreds of bucks to a family’s nights out”.Now, according to Billboard, the President and CEO of Live Nation – Ticketmaster’s parent company – Michael Rapino said to investors on a recent call: “We all want to know what is the true cost to see the show when we start shopping, adding that he wanted transparent pricing to be “mandated tomorrow across the board” which would “relieve a lot of the stress [and] the consumer’s perception that there’s this magical extra fee added on.”“We’ve got to now go out and do a much better job so policymakers and consumers understand how the business operates,” he added.““We’ve historically not had a big incentive to shout out loud that venues are charging high service fees or artist costs are expensive.

Live Nation Entertainment, the parent company of Ticketmaster, is the focus of an antitrust investigation that predates the Taylor Swift ticket snafu this week, according to a report.

Sen. Amy Klobuchar (D-MN), the chair of the Senate antitrust subcommittee, fired off a letter to Ticketmaster on Thursday amid concerns that the outages on its site for Taylor Swift concerts reflect a lack of competition in the business.