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| Christine Aguilera To Leave Label For Live Nation Entertainment |
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According to online reports, her last attempt at a recorded album has persuaded the former superstar to part ways with long-time label RCA/Sony Music, for a move to Live Nation Entertainment (LYV). Her deal with Live Nation Entertainment was likely initiated by her current manager Irving Azoff - who also happens to be the Chairman of Live Nation Entertainment.
Reportedly worth millions, the 360 deal will see Live Nation Entertainment control all facets of the singer’s career – music, touring, merchandise and endorsements. The signing will no doubt be a major coup for the global entertainment powerhouse, who - over the last two years have struck similar deals with Madonna, U2, and Jay-Z. Related Articles: 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,... 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.
Comcast Jumps into Ticketmaster Live Nation Merger Fray According to recent reports from Bloomberg, Comcast is looking to help ease the Ticketmaster Live Nation merger by massaging and lobbying for the marriage. Comcast is the largest U.S. cable operator and controls an
arena-management as well as a ticketing company.
Concert Videos Come to iTunes in Live Nation-Apple deal Apple iTunes on Tuesday began featuring downloads of live concerts by about 20 artists who are promoted by Live Nation.
Seven Per Cent Drop in German Live Entertainment The German live entertainment market experienced a 7% drop in revenue
in 2008, according to research commissioned by the German Federal
Association of the live entertainment industry. The decline was even
sharper - 9% - in live music.
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Christina Aguilera’s flop of a CD, ‘Bionic’
may be piled up on store shelves across Europe, but that has
not stopped her from pushing on with her career.