Live Nation has signed a deal to acquire a controlling interest in OCESA Entretenimiento, one of the leading concert promoters in Latin America. OCESA promotes more than 3,100 events for nearly 6 million fans each year in Mexico and Colombia. The company also has successful ticketing, sponsorship, food, merchandise and…
Author archives: Bruce Houghton
THU. BRIEF: Live Nation Buys OCESA • 46 Shows In 46 States • Ditto Adds Publishing • Meek Mill Conviction Overturned
THURSDAY 7.25.19
Music Business News From Around The Web
Updated continuously under the More News tab
BUSINESS OF INDIE: AIM Awards Nominees • Record Stores Cry Foul • Indie Aaron Smith Gets Major-Like Push • More
In this week’s edition of the Business Of Indie, the UK’s AIM indie music awards have named its nominees, 40+ independent record stores are calling out the major labels, hot independent artist Aaron Smith is getting a major label like push from both Apple Music and Spotify. Like Hypebot’s More…
Songwriter, Producer Nicolle Galyon Launches All-Female Label Songs & Daughters In Partnership With Big Loud
Nashville-based independent record label Big Loud has announced the launch of Songs & Daughters, an imprint devoted solely to female acts. Hit songwriter and producer Nicolle Galyon will serve as president. Galyon is best known for co-writing such songs as Dan + Shay’s “Tequila” and Miranda Lambert’s “Automatic.” “Songs &…
Snapchat Is Back! Adds 13M Active Daily Users In 3 Months, SNAP Stock Soars 14%
After 18 months of slow growth, Snapchat has added 13 million active daily users in the last 3 months. That brings the total number of people using the app around the world every day to 203 million, the highest since the social app went SNAP went public. Snap Inc. reported…
Top Analysts Totally Disagree On The Future Of Spotify
Is Spotify on a path to become the "dominant player" in streaming or one that lacks a path to profitability and "little content differentiation" from its competitors. Two top Wall Street analysts offer two very different views of Spotify’s future. Macquarie Research analyst Giasone Salati this week wrote that Spotify…
FTC Announces $5B Facebook Fine, Revamped Privacy Controls
The U.S. Federal Trade Commission has officially announced the terms of its $5 billion settlement with Facebook. The social giant has also promised improved privacy oversight within the company. It is the largest fine imposed on any company for violating consumers’ privacy and almost 20 times greater than the largest…
Ticketmaster Names Kathryn Frederick Chief Marketing Officer, Adds VPs Partnership, Brand Marketing
Ticketmaster has named Kathryn Frederick as Chief Marketing Officer to lead the ticketer’s marketing, brand, partnership, insights, growth and digital teams. photo: David Eisenberg, Kathryn Frederick, Andrew Samson As CMO, Frederick will report to Amy Howe, President and Chief Operating Officer of Ticketmaster North America, to lead a centralized marketing…
WED. BRIEF: Top Ripper Disables YouTube • Fredrick Named Ticketmaster CMO • Snapchat Users Grow • More
WEDNESDAY 7.24.19
Music Business News From Around The Web
Updated continuously under the More News tab
MTV Names VMA 2019 Nominees – The Complete List
MTV has unveiled the nominations for the 2019 VMAs. Ariana Grande and Taylor Swift lead with 10 nods each in categories including, “Video of the Year,” “Song of the Year” and “Best Pop.” Billie Eilish and Lil Nas X led the “Best New Artist” nominees. This year’s show will introduce…