Mega-promoter rivalry between Live Nation and AEG worries smaller music venues

Mega-promoter rivalry between Live Nation and AEG worries smaller music venues

Courtesy of Crain’s Cleveland Business: Competition for Cleveland’s concert dollars intensified this summer when AEG Presents spent more than $3 million to renovate the historic Agora Theatre & Ballroom. Live Nation, long the dominant music promoter in Northeast Ohio, harkening back to its roots as the iconic Belkin Productions, added its own major venue in […]

Live Nation Rules Music Ticketing, Some Say With Threats

Live Nation Rules Music Ticketing, Some Say With Threats

Courtesy of The New York Times: In 2010, when the Justice Department allowed the two most dominant companies in the live music business — Live Nation and Ticketmaster — to merge, many greeted the news with dread. Live Nation was already the world’s biggest concert promoter. Ticketmaster had for years been the leading ticket provider. […]

Live Nation Leads the Charge in Concert Business’ Booming Revenue

Live Nation Leads the Charge in Concert Business’ Booming Revenue

Courtesy of Variety: Live entertainment’s continued surge as the powerhouse driving music-industry economics is underscored by one remarkable fact: Analysts expect the revenue generated in 2016 by category leader Live Nation — pegged to hit $8.5 billion — to exceed the combined revenue generated by the top two record companies, Universal and Sony, during the same […]