Live Nation

Live Nation Follows Shakira '360 Deal' With Nickelback Signing

Authored by Mark Hefflinger on July 8, 2008 - 8:50am.

Los Angeles - A week after signing Colombian pop star Shakira to a reported $70-$100 million "360 deal," concert promotion giant Live Nation (NYSE: LYV) announced on Tuesday that it signed a new multi-faceted contract with Canadian rock band Nickelback. Under the deal, financial details of which were not disclosed, Live Nation acquired a vast array of rights for the band, including three touring and album cycles, tour sponsorship, merchandise, VIP/travel packages, secondary ticketing, clothing, licensing, non-tour sponsorship and endorsements, DVD and broadcast rights, fan club, website and literary rights.

Live Nation Chairman Resigns Over "360 Deals" Dispute

Authored by Mark Hefflinger on June 20, 2008 - 10:14am.

Los Angeles - After reports of tension in the executive ranks at concert promotion giant Live Nation (NYSE: LYV) -- over the company's recent spate of multi-million dollar "360 deals" with artists including Madonna and Jay-Z, the company announced on Friday that chairman Michael Cohl, also CEO of the company's Live Nation Artists division, has stepped down and resigned his seat on the company's board, effective immediately. The Wall Street Journal had recently reported that Cohl, a veteran concert promoter who had pushed the company to quickly sign additional 360 deals, had threatened to quit, facing opposition from CEO Michael Rapino, who favored a more gradual expansion of the deals.

Stones Deny Report They Will Leave EMI for Live Nation

Authored by Mark Hefflinger on June 16, 2008 - 9:35am.

London - A representative for the Rolling Stones has denied a report in the U.K.'s Observer over the weekend that the band will end its 30-year relationship with major label EMI and sign a new deal with concert promotion giant Live Nation (NYSE: LYV), Reuters reported. "We are not in talks with Live Nation in connection with any record deal," band spokesman Bernard Doherty said in a statement.

WSJ: Live Nation's "360 Deals" Stir Battle Among Execs

Authored by Mark Hefflinger on June 12, 2008 - 10:41am.

New York - Top executives at concert promoter Live Nation (NYSE: LYV) have been fiercely at odds over the company's moves to sign an increasing number of multi-million dollar "360 deals" with artists such as Madonna and Jay-Z, The Wall Street Journal reports.

Report: Jay-Z Near Closing $150 Million Deal with Live Nation

Authored by Mark Hefflinger on April 3, 2008 - 8:38am.

New York - Hip-hop artist and impresario Jay-Z is about to close a $150 million deal with concert promoter Live Nation (NYSE: LYV), that will see him leave longtime label Def Jam -- from which he stepped down as president last year -- and form a joint venture that will include recordings, tours, artist management and merchandise, The New York Times reported on Thursday. The deal follows Live Nation's announcement of a touring and merchandise deal with U2 on Monday, and the $120 million contract it signed with Madonna in 2007.

Live Nation Signs 12-Year Deal with U2

Authored by Mark Hefflinger on March 31, 2008 - 9:02am.

Los Angeles - Concert promoter and live venue owner Live Nation (NYSE: LYV) announced on Monday that it has signed a 12-year contract to handle touring, merchandising and the website for Irish rock band U2. Unlike Live Nation's estimated $120 million, 10-year deal with Madonna, which covers touring as well as three albums, U2's longstanding relationship with Universal Music for recording and also publishing is not affected by the Live Nation deal.

tags: Deals | Music | Live Nation | U2 |

Live Nation Acquires Concert Promoter in Dubai

Authored by Mark Hefflinger on February 15, 2008 - 8:31am.

London - Live Nation (NYSE: LYV), a concert promoter and owner of live event venues worldwide, announced on Friday that it will acquire a 65% controlling stake in Mirage Promotions, a Dubai-based concert promoter.

Live Nation Sells Off U.S. Theatrical Business for $90.4 Million

Authored by Mark Hefflinger on January 24, 2008 - 8:29am.

Los Angeles - Live Nation (NYSE: LYV), the large concert promoter and venue owner, announced on Thursday that it has sold its North American theatrical business to Key Brand Entertainment for $90.4 million.

Live Nation Signs Jonas Brothers to Touring Deal

Authored by Mark Hefflinger on January 4, 2008 - 12:13pm.

Los Angeles - Live Nation (NYSE: LYV), the large concert promoter and venue owner, said this week that it has signed platinum-selling Hollywood Records artists the Jonas Brothers to a long-term, worldwide touring deal. The agreement follows similar deals Live Nation has struck with Madonna, the Rolling Stones and the Police. Tickets for Jonas Brothers tour dates will be sold through LiveNation.com.

Live Nation to Launch Own Ticketing Service

Authored by Mark Hefflinger on December 20, 2007 - 9:00am.

Los Angeles - Live Nation (NYSE: LYV), a live concert producer and venue owner, announced on Thursday that it will abandon industry giant Ticketmaster and launch its own ticketing business for its venues and events, beginning in 2009.

Zazzle, Signatures Network Team on Personalized Band Merchandise

Authored by Mark Hefflinger on November 28, 2007 - 1:19pm.

Redwood City, Calif. - Zazzle, an on-demand retail platform, said on Wednesday that it has partnered with Live Nation's (NYSE: LYV) recently acquired Signatures Network merchandise and licensing company. Under the deal, artists who use Signatures Network -- including The Who, Kiss and Rob Zombie -- will allow fans to customize and buy their own versions of t-shirts and other band merchandise via Zazzle's on-demand service.

Amy Winehouse Cancels Remaing Shows of UK Tour

Authored by Scott Goldberg on November 27, 2007 - 9:58am.

Troubled UK singer Amy Winehouse, who began her recent tour to boos, has officially cancelled the remaining shows, The Sun reports. According to the article, Winehouse issued a statement yesterday. The main motivation for the tour’s cancellation appears to be legal troubles of her husband, Blake Fielder-Civil. He has been incarcerated while awaiting trial for the obstruction of justice.

Musictoday Releases Facebook Web Store Application

Authored by Mark Hefflinger on November 15, 2007 - 1:23pm.

Charlottesville, Va. - Musictoday, a unit of Live Nation (NYSE: LYV), on Thursday announced the launch of a Web store application for the Facebook social network, that lets artists with Facebook Pages sell merchandise directly to fans. Artists must first set up an account with Musictoday, which enables stores, Web ticketing, and other services for clients including the Rolling Stones, Eminem, Dave Matthews Band and Nine Inch Nails.

Live Nation Buys Merchandise Maker Signatures Network for $79M

Authored by Mark Hefflinger on November 15, 2007 - 8:57am.

Los Angeles - Live Nation (NYSE: LYV), a concert and events promoter and owner of live performance venues, announced on Thursday that it will acquire Signatures Network, a maker of music-related merchandise, for $79 million in cash, stock and repayment of debt.

Live Nation Adds 3D Seat Maps to Venue Websites

Authored by Mark Hefflinger on November 6, 2007 - 8:06am.

Los Angeles - Live concert promoter and venue owner Live Nation (NYSE: LYV) on Tuesday announced the launch of new 3D seat maps on its websites for the majority of its amphitheatres across the country.

Is Live Nation's $120 Million Deal with Madonna a Smart Play?

Authored by dmw on October 10, 2007 - 5:33pm.

Madonna Leaving Warner to Sign $120 Million Live Nation Deal

Authored by Scott Goldberg on October 10, 2007 - 5:26pm.
Is Madonna Still Worth $120 MillionWhat a month for major labels: First Radiohead announces their new album is worth as much as their fans say it is, then Trent Reznor follows suit and leaves his label with Nine Inch Nails in tow, then Jamiroquai and Oasis consider a similar Radiohead move, and now this: Madonna is leaving Warner to accept a $120 million recording and touring offer from Live Nation.

Live Nation Widget Lets Fans Buy Concert Tickets From Own Websites

Authored by Mark Hefflinger on August 14, 2007 - 2:14pm.

Los Angeles - Concert promotion giant Live Nation on Tuesday announced the release of a widget that users can add to their websites or social network profiles, and gain the ability to search for concerts and purchase tickets from their sites.

Career Moves: July 30, 2007

Authored by dmw on July 30, 2007 - 9:32am.
Career Moves is made possible by @HIRE.

Live Nation, a live music company, announced today a number of appointments in its New York City office. Veteran concert promotion executive, Kevin Morrow has been named President of Live Nation New York. He replaces Bruce Moran who was named President of the company's newly formed Latin American Division.

tags: Career | Moves | Live Nation | Vyyo |

Career Moves: July 26, 2007

Authored by dmw on July 26, 2007 - 10:43am.

Career Moves is made possible by @HIRE.
Veoh Networks, an internet television company, today announced that Steve Mitgang has been appointed as the company’s new Chief Executive Officer. Mitgang comes to Veoh from Yahoo!, where he was Senior Vice President of the global team. He succeeds Veoh’s founding CEO Dmitry Shapiro, who will now assume the role of Founder and Chief Innovation Officer with active involvement in the business and a focus on advancing Veoh’s technology platforms and consumer standards. Dmitry will continue to represent the company’s thought leadership within the industry.  Veoh has also named Jennifer Betka as Senior Vice President of Marketing. Betka joins Veoh from Sirius Satellite Radio.

tags: Career | Moves | TiVo | Veoh | GSN | Live Nation | Sona | Buzznet | Move |