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Live Concert Industry

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December 4, 2023
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  2. Live Concert Industry
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Live Nation CEO Admits: “I Sold 40% of My Shares to Buy a Mansion…”

Paul Resnikoff
October 8, 2013
2
If the top guy doesn't believe in his own company, should you? Last month, Live Nation Entetainment CEO Michael Rapino dumped an unbelievable 40% of his available shares, at a valuation of roughly $12 millio... Read More...
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FanFlex Tries to Reinvent the Wheel with Fan-Demanded Concerts…

Nina Ulloa
October 2, 2013
1
In what comes as a surprise to no one, today marks the release of yet another music app. Today, FanFlex announces the launch of their beta app that lets the average smartphone-wielding citizen request bands to... Read More...
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The Australian Government Thinks It Can Control Online Ticket Reselling…

Nina Ulloa
October 2, 2013
1
The New South Wales government in Australia thinks the online ticket reselling marketplace is a dire situation and wants to intervene.  They have proposed legislation that would fine ticket reselling sites up t... Read More...
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EDM Meets Wall Street: ‘SFXE’ Expects to Raise $200 Million+ on NASDAQ…

Paul Resnikoff
September 27, 2013
4
Wall Street does coke. EDM does X. So what happens when you mix the two?     According to just-filed paperwork from SFX Entertainment, an initial public offering (IPO) on NASDAQ is projected ... Read More...
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Gathering of the Juggalos Is Headed for Bankruptcy…

Paul Resnikoff
September 23, 2013
5
  Because sometimes, things just destroy themselves.  Like the Gathering of the Juggalos, the often violent circus of a festival surrounding band/movement Insane Clown Posse.  This is a rally attended... Read More...
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The Various Ways In Which Live Nation Screwed Mike Tyson…

Paul Resnikoff
September 17, 2013
1
  The latest in our long-running series...   Here are the many and various ways Live Nation-owned SFX Financial Advisory Management Enterprises screwed Mike Tyson, according to legal document... Read More...
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Hedge Funds Start Dumping Live Nation Stock…

Paul Resnikoff
September 16, 2013
5
There now seem to be two groups left holding Live Nation stock: employees who can't cash out, and suckers.     CEO Michael Rapino offered the first confidence-killer by dumping 40 percent of ... Read More...
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Another EDM Festival, Another Batch of Overdoses…

Priscilla Kim
September 16, 2013
6
Electronic music culture involves lots of drugs, not only by the core EDM community but also recreational users who use MDMA and other 'enhancers' to better enjoy the music.  The question is whether an ongoing ... Read More...
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USA Today Asks Digital Music News, “What’s Up With Streaming Concerts?”

Paul Resnikoff
September 12, 2013
4
Is there any 'there there' in concert streaming?  Here's what I told USA Today on the topic.   "Streaming concerts are suddenly everywhere, in all shapes and sizes," says Paul Resnikoff, the founder ... Read More...
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How to Kill a Scalper, by Ticketmaster & Live Nation…

Paul Resnikoff
September 9, 2013
4
The recording industry finally figured out how to starve file-swapping.  So has Ticketmaster finally figured out a way to starve scalping? Ahead of the weekend, the Live Nation-owned company expanded its "TM... Read More...
Texas Mask Mandates

Top 10 Reasons Why Austin Basically Sucks

Paul Resnikoff
September 6, 2013
19
Austin, Texas: it's a city overflowing with great music, great BBQ and lots of friendly (and awesomely weird!) people. Just one problem: it sucks. Once upon a time, Austin was an unknown gem nestled in the... Read More...
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Live Nation’s Chief Financial Officer Starts Dumping Shares…

Paul Resnikoff
September 5, 2013
6
This wouldn't seem so strange if the CEO hadn't just dumped 40 percent of his shares.  But over the past few days, Live Nation's EVP and Chief Financial Officer — ie, the one closest to the books — has started ... Read More...
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