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Live Nation Has Already Lost $300 Million So Far in 2021

Live Nation Has Already Lost $300 Million So Far in 2021
At this point, the company is placing its bets on a big 2022 instead
Photo: Rick Clifford
Published May 06, 2021
ICYMI concerts and music festivals are still not really happening in most parts of the world, meaning things are looking pretty grim for promotions giant Live Nation. Today the company revealed its first quarter figures of 2021, and they aren t great, to say the least.
Overall, Live Nation Entertainment s first quarter revenue was only $290 million USD, with the company reporting a 79 percent drop in year-over-year Q1 revenue,
Rolling Stone reports. Owning both Live Nation and Ticketmaster, the parent company stated it lost $145 million USD in concerts and another $120 million USD in ticket sales. Add that up, and you have Live Nation losing roughly $300 million USD so far this year. ....

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Coldplay Launch Cryptic "Alien Radio FM," Hint at "Higher Power" Release

Coldplay Launch Cryptic Alien Radio FM, Hint at Higher Power Release
What does it all mean?
Photo: Rick Clifford
Published Apr 27, 2021Coldplay are hinting at a new project. They just launched something called Alien Radio FM, which, according to sleuths, is hinting at a new release called Higher Power or May 7.
At this point, it s not totally clear what it means, but the website alienradio.fm is full of cryptic cyphers and mysterious faux radio signals. The same cyphers have been appearing in ads around the world, and, according to sleuthing fans, they translate to say COLDPLAY HIGHER POWER MAY SEVEN. ....

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Canada's Federal Budget Throws Struggling Festivals a Lifeline with More Relief Funding

Canada s Federal Budget Throws Struggling Festivals a Lifeline with More Relief Funding
Photo: Rick Clifford
Published Apr 20, 2021
This week, the Canadian federal government rolled out its 2021 budget, and it s given Canadian music festivals large and small some welcomed financial relief.
In the 2021-2022 federal budget released yesterday (April 19), the Government of Canada has earmarked $200 million in spending to support major arts and cultural festivals (through regional development agencies) and another $200 million to smaller local festivals (via Canadian Heritage).
This comes in addition to the $181.5 million that the government announced for live events and the arts in last November s Fall Economic Statement. ....

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Mick Jenkins and Kaytranada Share New Song "Designer Frames"

Mick Jenkins and Kaytranada Share New Song Designer Frames
Congrats are in order for Jenkins Grammy award winning brother
Photos: Rick Clifford (left), Anton Mak (right)
BUBBA, and frequent collaborator Mick Jenkins has shared a new song with the Montreal-based producer in celebration.
Designer Frames arrives today through Jenkins SoundCloud page, and you can hear it below.
Kaytranada s propulsive beat leaves enough room for Jenkins to nimbly weave bars between shakes of a tambourine. At one point, he raps, It s Parmesan in my pocket / I know the jacket was lamb / And I got the top in Japan from behind his four-figure Cazal glasses. ....

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Dr. Anthony Fauci Thinks Concerts Could Return This Fall

Of course, that s assuming everything goes right with vaccines
Photo: Rick Clifford
Published Jan 11, 2021
We re starting to forget what life was like before concerts were exclusively livestreamed, but that could change this year. After all, the United States chief medical advisor Dr. Anthony Fauci seems pretty optimistic that concerts could return to America this fall as the coronavirus vaccine is distributed across the nation.
In a new interview Fauci spoke at a conference for the Association of Performing Arts Professionals on the weekend. As the
New York Times reports, he seems to think Americans might be able to return to concerts this year. Of course, that hinges on 70 to 85 percent of the American population being vaccinated. ....

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