Live Nation Entertainment faced another challenging quarter to close out 2020, with revenue dropping 92% in the fourth quarter compared to the same time period in 2019, the company announced in its earnings report on Thursday afternoon. For the 2020 calendar year as a whole, revenue dropped 84% compared to …
Read More »
Concert promotion giant Live Nation has bought a majority stake in livestreaming platform Veeps, the company announced Tuesday. Live Nation, which has endured 10 months and counting without regular concerts or tours due to the Covid-19 pandemic, will now be directly positioned in the fast-growing livestreaming space. For Live Nation, …
Read More »
Sign up to receive your free exclusive Grammy Preview magazine for next year Conan Gray was ready to conquer. By the time this year began, the rising pop and rock artist had achieved the dreams of guitar-playing teenagers everywhere — building a loyal YouTube following from his suburban Texas home, …
Read More »
Since livestreaming has taken overin the COVID-induced absence of live music, major and upcoming artists alike havegone to the platform in droves to perform, fundraise for charity, and stay close to fans. But can online shows be properly monetized — and can that revenue stream be a significant one for …
Read More »
Ultra Music Festival is out of action, after coronavirus postponed the event to 2021 — but its lackluster ticket-replacement deal for fans is drawing a different kind of attention. According to an email sent by Ultra organizers to ticket holders around midnight Monday and reviewed by Rolling Stone, would-be attendees …
Read More »
In the year since his release from prison, Meek Mill has dug his heels in on matters including criminal justice reform, documentaries, and licensed sports productsalongside releasing a studio album. On Tuesday afternoon, the Philadelphia rapper clinked glasses of Armand de Brignac champagne with Jay-Z to solidify a new business …
Read More »
Whether it says so directly or not, Apple is pushing to become the premier source for entertainment this year. In addition to its existing offerings of iTunes, the App Store, Apple Music and Apple News, the tech company is almost ready to launch its much-anticipated video-streaming service, according to reports …
Read More »
Spotify celebrated its 10th birthday in October — making it, by modern measures, a veteran tech company, long past the scrappy startup phase of existence. It’s gotten there by being very good at knowing what it does best. Now, to reach the next stages of profitability and long-term success, it …
Read More »
Gone are the days of Apple‘s insistently walled-off ecosystem. Though the tech giant first debuted Apple Music exclusively on iOS devices like iPhones and Macs, it quietly extended the music-streaming service to Android deviceslater on, and now it’s going even further: On Friday, Amazon announced that Apple Music subscribers will …
Read More »
The Music Modernization Act — a copyright reform bill enthusiastically labeled as “historic” by music industry leaders that blazed its way through Congress this summer — is set to be signed into law by President Trump on Thursday, with artists like Kanye West and Kid Rock slated to attend the …
Read More »