Live Nation revenue down 98% due to pandemic

Live Nation revenue down 98% due to pandemic

  Concert promoter Live Nation Entertainment, Inc. has released their financial results for the quarter ended June 30, 2020. The company revealed a net revenue of $74.1 million — 98% lower than the $3.16 billion the prior year — and an adjusted operating loss of...
Live Nation revenue down 98% due to pandemic

Live Nation Makes Changes to Artist Agreement

    Event promoter Live Nation has announced that they will be making sweeping changes to their artist agreement for the 2021 concert season.  A memo was sent out to talent agencies Wednesday (17) with the new measures, which affect how artists get...
Live Nation revenue down 98% due to pandemic

Live Nation Furloughs 20% of Staff

  Concert promoter Live Nation revealed Tuesday (19) that the company has furloughed 20% of their workforce. Affecting roughly 2,100 people, furloughed staffers will still have their company health insurance, but will not have a paycheck to go with it. Live...
Live Nation revenue down 98% due to pandemic

Live Nation announces refund plan for postponed shows

  Concert giant Live Nation has announced a plan to give customers a refund for their cancelled and postponed shows.  The company launched their Ticket Relief program on Monday (27), laying out what options customers have for their cancelled, postponed and...