Category archives: Live Nation

Paradigm set to lay off over 100 staff – more than a seventh of its workforce – as Coronavirus live music lockdown hurts agencies

Paradigm CEO Sam Gores hopes redundancies will be “temporary”
The post Paradigm set to lay off over 100 staff – more than a seventh of its workforce – as Coronavirus live music lockdown hurts agencies appeared first on Music Business Worldwide.

Live Nation shares bounce back as Liberty Media pays off $130m company loan

News appears to have been interpreted positively by the markets
The post Live Nation shares bounce back as Liberty Media pays off $130m company loan appeared first on Music Business Worldwide.

Live Nation share price plummets 32% after Glastonbury and Eurovision Coronavirus cancellations

Firm’s market cap has fallen by over two-thirds in a month
The post Live Nation share price plummets 32% after Glastonbury and Eurovision Coronavirus cancellations appeared first on Music Business Worldwide.

Live Nation, AEG, CAA, WME, Paradigm and UTA ‘recommend large scale events through the end of March be postponed’ due to Coronavirus

Companies have also set up a global COVID-19 task force
The post Live Nation, AEG, CAA, WME, Paradigm and UTA ‘recommend large scale events through the end of March be postponed’ due to Coronavirus appeared first on Music Business Worldwide.

Live Nation’s value has been slashed in half by Coronavirus – but it’s got off easy compared to iHeartMedia

iHeart’s stock crashed by nearly a quarter (22%) today
The post Live Nation’s value has been slashed in half by Coronavirus – but it’s got off easy compared to iHeartMedia appeared first on Music Business Worldwide.

Live Nation stock crashes 15.6%, as Coronavirus is categorized as ‘pandemic’ by WHO

Live concerts giant sees $1.7bn wiped off market cap valuation in less than a day
The post Live Nation stock crashes 15.6%, as Coronavirus is categorized as ‘pandemic’ by WHO appeared first on Music Business Worldwide.

Coronavirus panic just wiped nearly $5bn off the combined value of Vivendi, Spotify and Live Nation… in a day

MBW monitors how ‘Black Monday’ has hammered music stocks around the world
The post Coronavirus panic just wiped nearly $5bn off the combined value of Vivendi, Spotify and Live Nation… in a day appeared first on Music Business Worldwide.

SXSW disaster: Event admits it has no insurance for Coronavirus cancellation

Winter Music Conference tells would-be attendees to “put a pause on travel plans”
The post SXSW disaster: Event admits it has no insurance for Coronavirus cancellation appeared first on Music Business Worldwide.

DOJ says that ‘Live Nation broke the promises of the American people’ as court enters judgement that modifies and extends consent decree

‘Amended decree reimburses the American people millions of dollars,’ says DOJ
The post DOJ says that ‘Live Nation broke the promises of the American people’ as court enters judgement that modifies and extends consent decree appeared first o…