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| Live Music Industry Numbers Down 15 per cent |
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While
compiling Pollstar’s Mid Year Business Analysis and charts we
discovered an approximate 15 percent drop in key concert industy
indicators. While some geographical areas are doing better than others,
mostly because of higher employment figures, current economic
conditions appear to be affecting all markets regardless of size. But
it’s not exactly a complete, across-the-board drop in ticket sales.
Larger shows are feeling the economic pain more than their smaller
counterparts. What’s more, club shows are still attracting respectably
sized audience
Related Articles: Block this music monopoly - TM/LN merger will hurt concert consumers. by David Balto (originally published at Philly.com)
Nine months after Ticketmaster announced its proposed merger with Live Nation, the Justice Department's antitrust investigation seems to be entering the ninth inning, and the bases are loaded. Numerous consumer groups and 50 members of... Live Nation Unloads U.K. Theatre Division for Approximately U.S. $160 Million Live Nation
, the world's largest live music company, recently announced that it has
closed the sale of its remaining U.K. theatrical venues and operations
to The Ambassador Theatre Group, an owner and operator of regional
theatres in the United Kingdom. In addition, on October 23, 2009,... Beyonce Big Winner at the 2009 MTV Europe Music Awards Beyonce was the big winner at the 2009 MTV Europe Music Awards (EMAs), held at the O2 World in Berlin, Germany tonight. The global music icon walked away with three of the night's biggest awards -- Best Female, Best Song, ("Halo") and Best Video, ("Single Ladies (Put A Ring On It)").
USA Ticket Industry Talks Paperless Ticketing at Billboard Touring Conference Executives from Ticketmaster Entertainment, StubHub, Live Nation and TicketNews's parent company TicketNetwork battled it out over the issue of paperless ticketing during a panel at the Billboard Touring Conference & Awards Wednesday in Manhattan, and while few minds were changed the charged debate... Live Nation Reports Strong Third Quarter Results Live Nation (NYSE: LYV) released financial results for the three months ended September 30, 2009 today.
“We generated robust organic growth from our operations during the third quarter as we focused on executing our fundamentals with excellence during the peak concert season,” said... Live Nation, Ticketmaster profits take a hit due to Proposed Merger
Live Nation and Ticketmaster
Entertainment Inc. both stated that their earnings were hurt by
costs related to the proposed deal, which is expected to continue into 2010 as
regulators examine antitrust issues.
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Pollstar is reporting