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News

In Brief...

Below: Jarvis Cocker Below Right: Alan Ridgeway Top Right: The Ahoy Far Below Right: Peter Smidt

The annual scramble to launch deals, tours and festivals before the turkey season is keeping the newswires humming as 2010 draws to a close...

October

• Pollstar reports Q3 results for North America showing a 6% drop in club-level business and a 1% decline at theatres. • The Byron Bay Bluesfest snaps up Aussie Event of the Year at the Australian Event Awards in Sydney. • A judge in Ireland rules that the new ‘three strikes’ law is unenforceable. Finland later follows suit. • Front Line Management forms a JV with SME Entertainment Group, which provides talent and logistic services for corporate and private events. • PRS for Music extends the deadline for industry submissions regarding the proposed hike of performance royalty rates to 31 December. • In Australia, Rupert Murdoch’s News Ltd launches Foxtix, a rival ticketing company to compete with market leaders Ticketek and Ticketmaster. • Glastonbury festival announces it will be fallow in 2012 due to the Olympic Games in London commandeering most of the UK’s spare police and portable toilets. • Aussie promoter Michael Chugg takes a controlling interest in the Great Southern Blues Festival in New South Wales. • Speed Promotion & Agency in Finland cease trading after poor attendance at its Helsinki Live! festival. • Scissor Sisters cancel nine European tour dates claiming that it has “become impossible to make the tour work financially”. • Gregory Isaacs, the Jamaican recording artist best known for the 1982 album and single Night Nurse, dies at the age of 59. • In Denmark, the new 14,000-cap MCH Multiarena opens in Herning, with promoter Flemming Schmidt calling it “possibly the best sounding

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arena in the world”. • 3A Entertainment buys into the 20,000-cap Cornbury Festival and announces it will move the site to Charlbury, Oxfordshire. • The Shanghai Expo closes with organisers claiming 73 million visitors over the six month period.

November

• Take That sells 1.35 million tickets for its 2011 stadium tour featuring Robbie Williams, with demand crashing ticket websites and phone lines. • Dick Alen retires as SVP of William Morris Entertainment after 39 years at the firm. • Chicago-based Jam Production files a lawsuit against Ticketmaster, claiming unpaid royalties on three venues. • Live Nation Q3 results report a 25.6% year-on-year drop for the period with net income falling to $51.4million (€38.8m). • Guy Hand’s Terra Firma Group loses its court battle against Citigroup in the ongoing fallout from beleaguered major label EMI. • The Spanish Government unveils a €2m fund to support 200 concerts

by 50 emerging artists in 100 venues before 2011. • Lady Gaga wins three MTV European Music Awards in Madrid: best song, pop act and female. • Live Nation buys France’s second largest ticketing company, Ticketnet, for an undisclosed sum. • Laneway Festival announces it will visit Singapore in January 2011, adding to its itinerary that already includes New Zealand and five Australian cities. • Live Nation sues former chairman Michael Cohl for $5.35m (€4.17m) in unpaid charges relating to his departure from the company in June 2008. • AEG Germany announces that its CEO Detlef Kornett will depart the company on 31 December. • Isle of Wight Festival announces Foo Fighters, Pulp, Kings of Leon and Kasabian as headliners for its 10th anniversary. • Media and communications business, Liberty Media, raises its stake in Live Nation to just over 18%. • Lowlands festival sells out in hours without announcing a line up, as Dutch fans clamour to beat the rise in VAT from 6% to 19% on 1 January. • North London venue the Luminaire announces that it will close its doors on 31 December (see page 9). • Borman Entertainment and Flatiron Management announce they will merge to become a New York-based operation with clients including Alison Krauss, Keith Urban and My Morning Jacket. • Publisher BMG buys UK rival Chrysalis Music for £107.4million (€122m), 46% above the company’s share price at the time of agreement. • The European Union orders Italy to repay €720,000 of development funds that were used to pay for an Elton John concert in Naples in October 2009.

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IQ Issue 33  

IQ Magazine issue 33.

IQ Issue 33  

IQ Magazine issue 33.

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