Lawyers for an Astroworld Fest attendee filed a lawsuit against Travis Scott and the festival’s organizers Saturday, the first in what will likely be many legal actions against the rapper following the death of eight people and hundreds more injured at his Houston music fest. The lawsuit, filed at Harris …
Read More »Live Nation's Stock Reaches All-Time High While Revenue Sits at Historic Low
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 »Live Nation Buys Veeps, Joel and Benji Madden's Livestreaming Company
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 »Live Nation, AEG Suspend Artist Touring Until April as Coronavirus Spreads
Live Nation and AEG, North America’s largest concert promoters, are halting all large-scale tours in the U.S. and abroad until April, and asking artists to come home amid coronavirus fears. The competitors aligned with the biggest booking agencies in the country to mount a unified effort to address the situation. …
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