Live Nation: revenues up but profits down
Live Nation's revenues rose 4.7% to nearly $3bn in its last financial year, but it posted a combined operating loss of $13.2m, with CEO Michael Rapino citing restructuring costs.…
Michael Rapino
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Live Nation to manage Wembley Arena
Live Nation has signed a fifteen-year agreement to manage and promote London's Wembley Arena, following a £50m refurbishment by owners Quintain Estates.…
Clear Channel Music Group partners with Yahoo! Music to promote concerts
Clear Channel's live music division has struck a deal with Yahoo! Music to promote its concerts across Yahoo!'s websites, a move prompted by research showing 70% of concert-goers research gigs online.…
Clear Channel acquire Sensible Events
Clear Channel has acquired Andrew Zweck's Sensible Events, with Zweck staying as head and becoming Vice President of Touring for Clear Channel Europe.…
Clear Channel expands in Central Europe
Clear Channel has acquired four concert and music businesses in Central Europe, following its earlier purchase of Friends & Partners in Italy.…