Latest in Live Nation Entertainment

UPDATE: Sen. Amy Klobuchar (D-MN) told reporters that she that she believes that the three-hour Senate hearing focusing on Ticketmaster’s business practices helped educate some members “so we can move forward on some consumer legislation when it comes to ticket prices.” The criticism of Ticketmaster…

Concert promotion giant Live Nation should be broken up, according to New Jersey Democratic Congressman Bill Pascrell, who claims its safety record is disturbing. Pascrell cited the recent attack on comedian Dave Chappelle and the Travis Scott Astroworld tragedy that resulted in the death of 10 people and numerous…

A group of prominent House Democrats are calling for Joe Biden’s administration to investigate the 2010 merger of Live Nation and Ticketmaster, arguing that the combination has “strangled competition in live entertainment ticketing and harmed consumers and must be revisited.” The letter comes amid expectations that…

Live Nation Entertainment said Wednesday it plans to offer $800 million worth of bonds for sale and will use proceeds from the offering for general corporate purposes. The move comes as media and entertainment companies continue to raise cash cushions as their finances are  shaken by COVID-19. The giant Beverly…

Fox TV Group chairman and CEO Dana Walden has a ticket to join the board of directors at Live Nation Entertainment, the world’s leading  live entertainment company. She and Gary Newman have shared the top Fox job since July 2014, overseeing all facets of the broadcast network including programming, business affairs…

Turner Broadcasting and Live Nation Entertainment today announced the Live Nation Music Awards, a new television event that promises to celebrate the best live musical performances of the year. Set to be simulcast on TNT and TBS on Oct. 1, 2015, the ceremony will be produced by Live Nation Entertainment in…

UPDATE: Read the unedited emails here. EXCLUSIVE: Few things satisfy more than a fiery Hollywood feud. I’ve learned the ongoing one between Ari Emanuel and Irving Azoff flared up again this past weekend in a way that one eyewitness told me was “like Yiddish Theater, complete with Jews and their drama and their masks…

Don’t tell Live Nation executives that their concert acts are getting old. While one-time hitmaker Neil Diamond continues to hit the stage at age 70, Chairman Irving Azoff says that “every year there’s a Taylor Swift, or Justin Bieber or Lady Gaga.” He adds: “We’re managing all the winners of The X Factor. We predict…

The bears are back. After a relatively calm week, stocks prices across the board — including in media — are tanking today following reports that point to rising unemployment and inflation, and weakness in manufacturing. An hour before the market close, the Dow Jones, S&P 500, and NASDAQ indexes for media stocks each…

Live Nation’s increase in ticket prices didn’t deter many people from going to see concerts in 2Q. The company reported net earnings of $13.3M, up from a $32.8M loss in the same period last year, on revenues of $1.56B, up 23.1%. Profits at 7 cents a share beat the 2 cents expected by analysts who follow the company…

Curious that the press release (below) doesn’t explicitly say that Azoff is chairman of Live Nation Entertainment — the parent of Ticketmaster and the No. 1 owner of concert venues. LOS ANGELES, Aug. 4, 2011 — Front Line Management and Syco Entertainment today announced a partnership which will see the future winning…

The mind-numbing network of interlocking corporate relationships at Live Nation — the No. 1 concert promoter and owner of Ticketmaster — just became much more complicated with the announcement that Jim Dolan is joining its board of directors. He’s a power in live entertainment in his role as executive chairman of…