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2010 Review

glummer in November by the findings of an Edison Research survey of 12-24-year-olds that stated that this target group (which averaged just over two gigs each per year ten years ago), now attends less than one annually. And it’s not just the youngsters, as a report by the newly renamed German promoters’ association Bundesverband der Veranstaltungswirtschaft (BDV) has revealed. “ We’ve found out that people over 40 are attending less concerts. The point is that ticket prices in some instances are high. If you go to a Tina Turner concert and the ticket costs €120 for two people with food and a taxi, you’re spending €350 – who can pay that? It’s a problem.” – Jens Michow, BDV • Live Nation partners with Wal-Mart to sell tickets in 500 of its North American stores. • Universal Music Group parent Vivendi promotes Lucian Grainge to CEO, as Doug Morris moves to become chairman of the company. • Nordea Bank agrees to back Denmark’s cash-strapped national stadium, Parken, so it can recover from a DKR254m (€34m) annual loss. • With the closure of promoter and ticket seller Emma Entertainment, Ticketmaster quietly pulls out of China. • Ticketmaster agrees to refund fans who purchased tickets to 14 Bruce Springsteen shows in 2009 via its TicketsNow secondary platform. • AC/DC smashes attendance records by selling 630,000 tickets for the band’s first Australian and New Zealand tour in nine years, grossing AUD82m (€56m). • All Good Entertainment files a $300m suit against Michael Jackson’s estate, AEG Live

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BDV’s 2009 market report published with trade magazine Musikmarkt, outlined a 12% drop across the board. The live entertainment business generated €3.17bn compared to €3.61bn in 2008. Music events generated a turnover of €2.27bn on 66.6 million tickets, down on €2.57bn and 74.5 million tickets in 2008. But BDV chairman Jens Michow predicted a more positive result for 2010 with the passing of the global financial crisis in Germany. Pollstar’s figures also showed favourable numbers internationally, with fans in Europe, South America and Australia still buying tickets. Worldwide arena, theatre, and club ticket sales were slightly down, but on average, close to those of a year ago. AC/DC dominated its half year results, shifting 1.8 million tickets for 40 shows in 32 cities by June,

and others, claiming it had a contract with him and his family for a reunion concert. • Promoter Marcel Avram sues the mayor of Bucharest for €340,000 after the official allegedly failed to contribute that sum towards a Bryan Adams show in September 2008. • German promoter Prime Time Entertainment files for insolvency, leaving the tent that housed the loss-making show India standing in the centre of Hamburg. • Whitney Houston’s dates in Australia are plagued by poor performance reports, with many fans demanding refunds. She later cancels several European shows due to illness. • Irish promoter Denis Desmond is awarded $3m (€2.2m) damages against Prince after the artist cancelled a June 2009 show in Dublin without reasonable grounds. • During an earnings call, Live Nation head Michael Rapino says the company is returning to Ticketmaster in North America, being unsatisfied with CTS Eventim’s ticketing system.

March

• Mark Linkous of Sparklehorse commits suicide on 6 March in Knoxville, Texas. • Venue operator SMG wins the contract to manage the new Ora Arena and Convention Centre in Istanbul, Turkey, due to open in November. • Mojo Concerts cancels 1,000 concert tickets for shows by Editors and Mika after identifying 12 Dutch resale sites bulk buying tickets. • Fans of Lady Gaga complain when prices to see her live double in the space of three months. • According to China Music Radar, AEG has its relationship with the Wukesong Arena in Beijing “restructured” after failing to find sufficient talent or sponsorship for the arena. • Live Nation France head Jackie Lombard returns to independence after her three-year deal with the entertainment giant expires. • Michael Jackson’s estate signs a record-

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