More financials, and live music conglom Live Nation has announced a fourth quarter loss of $337.5 million, much of which has been blamed on a "goodwill impairment charge related to decreased market capitalisation during the period". So, that's all clear then, obviously.
Meanwhile, the live music giant has announced a rejig of its Global Music Division, which oversees their worldwide tours and venue networks (and the US based House Of Blues division, for reasons I don't totally understand).
The rejig includes the appointment of four new execs, as follows: Brian Yost will be Onsite Products President, John Rostas will be Global Venues President, Seth Matlins will be Global Chief Marketing Officer and Robert Peters will be Chief Strategic Officer.
All four will be based in LA and report to the Global Music Division's CEO Jason Garner, who said these words in this order to Billboard: "Our job is to build a second-to-none team to connect artists to their fans in the most efficient way possible. These executives have all been highly successful in key positions at world class companies like GE and Disney. They bring a new level of experience and unique skill sets to bolster our great local teams in our mission of driving more fans to our concerts, reducing operational expenses, improving onsite revenue per fan, and building new global marketing partnerships for artists".