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FEBRUARY 2019

McGowan’s

Musings

We’ve got the builders in at the moment,

drills, no cables, no rusting RSJ’s! Anyway,

to a certain extent, but organisations like

that’s not a euphemism; it’s the full on, noisy,

less of my construction site blues, let’s take

Music Support, set up by Andy Franks and

dusty, increasingly behind schedule actuality.

the re-use instead of discard campaign

Matt Thomas are more and more important.

There’s a lot of it about, Charlie of the VIP

seriously, as this is all about behaviour

However the help offered by this charity

team is also having to cope with it. Everybody

change and encouraging people to have

and others needs funding and the whole

tells me that it’s going to be great when it’s

more respect, both for their environment

topic of mental health in the industry needs

all finished, but that seems to be so remote

and themselves. Of course this is about

to be taken very seriously. No doubt this

that I can’t imagine it happening. In fact I

interaction with festivals, and ranges from

increasingly important subject will again

found myself being very much attracted to

social media support right through to full

be discussed in March at ILMC 31, so get

news of the international waste campaign,

on site activations and artists engagements.

involved!

“Love Your Tent’. This is designed to bond

Contact info@loveyourtent.com if you ‘d like

people with their portable homes; think of

to know more – maybe you could use festival

Not to get things out of proportion, but I’ve

it, a portable home, no sledge hammers, no

time to avoid the sight of builder’s bum on a

always thought that Ed Sheerans’s guitar, or

wet morning by adopting a yurt, or taking a

guitars I suppose, definitely look too small,

tepee home with you! OK, enough’s enough,

it’s probably just me, but his whole image

it must be brick dust fever!

looks odd. However, he’s a mega-successful artist, and very, very rich,so what do I and my

COLOPHON > VIP-News is published by: VIP-Booking.com Enghaven 19 Attrup 8444 Balle Denmark Managing Director: Ronni Didriksen rd@vip-booking.com General Manager: Peter Briggs pb@vip-booking.com Writer and editorial: Allan McGowan am@vip-booking.com Writer: Manfred Tari mt@vip-booking.com For advertising enquiries please contact: Peter Briggs pb@vip-booking.com +46 70 77 60 480 Charlie Presburg cp@vip-booking.com +44 (0) 7980 817496

However, much as it’s all getting a bit too

three chord inadequacies know? And, what’s

much, at least – so I’m promised, there will

more he’s launching (or probably launched

be an end to it, unlike, it seems, certain areas

by the time you read this, a signature line

of the live business, which, according to a

of tiny guitars just like the ones he uses on

recent survey of over 500 promoters, event

stage. The range, which will no doubt make

organisers, artists, venue owners and the

him more money, offers eight definitely

like is over-run with fatigue, stress, anxiety,

small, if not really tiny, acoustics made

drink, drugs and other disruptive factors –

by Irish manufacturer Lowden. But Ed is I

(I’m going to take a break now, I can’t take

suppose to be congratulated on encouraging

the strain! – I’ll be back after I’ve chased off

young people to pick up the instrument at

this seagull!) – Right, that’s better, believe

a time when the number of those picking

me it’s not that I’m not taking the subject

up the instrument is dropping. Even guitar

of mental health seriously, I well remember

manufacturing ‘greats’, Gibson and Fender

being anxious about the outcome of shows

who produce ‘big’ instruments, have been

when I was promoting, and certainly as

having severe sales problems of late, so I’m

the industry has become more and more

now happy to support Ed’s image! A fourth

corporate and complicated and the sums of

chord may be on my agenda!

money involved increase then all involved in what is undoubtedly a risky business have to

Ok, that’s enough, but, just a minute, I’m sure

be resilient, and in more and more cases it

there was a door there earlier on ….! Oh well

is vital that people know where to turn for

Hopefully see a lot of you in London at ILMC

support and help. A sense of humour, always

in the first week of March, in the meantime,

essential in this business, will get you through

Ladies and Gentlemen – The News!

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CMWvipfullpagecopy.pdf

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FEBRUARY 2019

Interview with ILMC Chief Greg Parmley Manfred Tari mt@vip-booking.com

Greg Parmley

VIP News: In the ILMC delegates list you are listed under “Artist

Greg Parmley: Klaus-Peter Schulenberg is making an announcement

Management”, “Agency” and “Conference.” What other

about some new plans for CTS Eventim. I’m very curious what it is!

businesses do you run besides ILMC that we were previously unaware of?

VIP News: Was it very difficult, or expensive, to convince Roger Daltrey and Dua Lipa to attend ILMC 31?

Greg Parmley: No, that’s an error! Conference is more than enough to be honest!

Greg Parmley: We’re really thrilled that both of these world-class artists have agreed to speak at ILMC this year. Roger Daltrey has

VIP News: Ages ago, amongst others ILMC-Founder Martin

one of the greatest track records for live performance ever, so his

Hopewell introduced the term “live music industry.” That was

perspective on touring is totally unique. Dua is already a hugely

back in the days when the idea of corporate concert companies

successful live performer, so her viewpoint, and her father Dugi’s,

was considered pretty much theoretical. Now in fact the live

will be fascinating. ILMC has always tried to provide a range of

music business has become industrialized. What is your future

opinions from across the business, and the artist’s voice is very

expectation for this business?

much a part of that.

Greg Parmley: I don’t think anyone would be surprised that as the

VIP News: As usual the conference agenda will cover all relevant

size of the business increases, and with it the revenues generated, the

business aspects that matter for this industry. However, the

business will become increasingly corporatised. One interesting aspect

current political climate abounds with populists, yellow jackets,

of this is the number of external investors that are now entering the

‘Fridays for the Future’ and other developments. Apparently

space. For a long time, concerts and festivals weren’t big enough

these topics do not seem to be of interest for the majority of

business to be interesting on that scale, but that’s changing now. What

the live music community. Nevertheless, don’t you think the

interests me is how that impacts and potentially changes the industry.

industry should consider these aspects more appropriately? As Brexit is knocking on the door, in particular UK live music is

VIP News: Probably the wealthiest ILMC ‘newbie’ is going to

currently facing the consequences of political disruption...

be Klaus Peter Schulenberg, CEO of CTS Eventim. Will he be alone on stage or is it going to be an interview in the style of

Greg Parmley: The ILMC agenda is predominantly built by feedback

the one you did with Michael Rapino three years ago?

from over 100 professionals around the world who form the ILMC

5

VIP NEWS >

FEBRUARY 2019

Agenda Committee. So the schedule this year largely reflects the

heritage due to the fact that historically this business was

feedback from the industry. That said, we always run out of space to

founded by impresarios?

host as many sessions as we’d like to.

Greg Parmley: Yes, and I think it’s still the same today. Partly VIP News: On the other hand politicians often seem almost

it’s also the variety of roles and interests across the business - a

like pop stars being somewhat narcissistic. Did you ever make

German arena operator has very little in common with a rehearsal

efforts to invite Sadiq Khan, the mayor of London, or other

studio owner in Estonia, or a lighting hire company in the UK. It’s

meaningful politicians to ILMC and if so how did it go?

difficult to join up so many different voices, even before you factor in cultural differences. Still, I am hopeful that one day this might

Greg Parmley: Yes, we invited Boris Johnson to ILMC for five years in a

become a reality.

row, to welcome the international community to London. While Boris was publicly talking about the importance of live music in the capital,

VIP News: Do you think that therefore we need just

sadly, this enthusiasm didn’t seem to translate into action.

one more generation of new industry leaders, having a different understanding about the relevance of such a trade

VIP News: Although this business has developed into a

organisation to protect or to lobby for the interest of this

proper industry, it is still the case that this sector of the music

business on a transnational level?

business has no proper international lobby bodies such as the record industry has with IFPI (International Federation

Greg Parmley: The European live music industry absolutely needs

of the Phonographic Industry) or the copyright collection

an overarching trade organisation like an IMPALA or IFPI. We’re the

societies with CISAC (Confédération Internationale des

bigger slice of the music industry pie but comparatively have a much

Sociétés d´Auteurs et Compositeurs). Is this the ‘mind-set’-

quieter voice around certain tables.

Sam Feldman sells his stake in Feldman Agency From VIP-Daily News Feldman Agency President Jeff Craib and VP Tom Kemp have acquired

Craib, inducted into Canada’s Music Industry Hall of Fame in 2018,

Canada’s top music talent agency from namesake Sam Feldman who

joined The Feldman Agency (then called S.L. Feldman & Associates,

started the company in 1971.

a.k.a. SLFA) in Toronto in 1993. He was appointed the president of TFA in 2013.

The Feldman Agency employs about 50 people in its Vancouver and Toronto offices. It is unclear if the sale includes affiliated firms

Kemp joined the agency in 1998 and was named Vice President

Macklam Feldman Management and Watchdog Management.

in 2015.

The agency itself books more than 2500 events, concerts, shows and attractions annually and represents a who’s who of Canadian artists that include Alessia Cara, Alvvays, Bryan Adams, Burton Cummings, Corey Hart, Daniel Caesar, David Foster, Michael Bublé, The Beaches, Shad, Sloan, Tim Hicks, Wintersleep, Barenaked Ladies, and, until recently, The Tragically Hip. “Tom Kemp and I are excited to be the new owners of TFA,” Craib said in a statement. “We are deeply committed to continuing its successes after Sam’s leadership and look forward to growing the agency`s legacy.”

6

ESNS: EU

STICHTING EUROSONIC NOORDERSLAG

ESNS: EU creative europe

STICHTING EUROSONIC NOORDERSLAG

VIP NEWS >

FEBRUARY 2019

Portugal gets Busy on the Conference and Showcase Front!

Allan McGowan am@vip-booking.com The Portuguese music business is not holding back in its efforts to

Panel at MIL

promote local acts and businesses. Two major events will take place in the next couple of months: MIL - Lisbon International Music Network returns for its third edition: From March 27th until March 29th, Lisbon hosts the third edition of MIL - Lisbon International Music Network, the cutting-edge Portuguese festival and convention dedicated to internationalization and promotion of contemporary music.

During the day, MIL’s PRO programme presents more than 30 masterclasses, talks, debates, keynotes, workshops and many

With a focus on current music production from the Portuguese-

professionals opportunities, providing numerous moments for

speaking countries, whose inspiring features and wide diversity

network and exchange between professionals from the music sector

reaches the four corners of the world, MIL’s artistic programme

from Portuguese-speaking countries from all over the world.

introduces a handful of fresh news acts coming from all around the globe that represent the most recent territorial trends in

A large number of international professionals, opinion leaders

popular music.

representing more than 30 countries, will participate in the various debates proposed by the MIL 2019. Among them, we

This exciting journey across the talents of tomorrow’s music is made

can mention: Paul Pacifico, Chal Ravens, Penna Schmidt, Simon

through more than 70 acts waiting to be heard and discovered

Reynolds, Pete Kember...

in the various music venues and clubs located in Cais do Sodré, a neighbourhood that’s at the centre of Lisbon’s busy nightlife.

More info: www.millisboa.com

CORINE at MIL

8

VIP NEWS >

FEBRUARY 2019

New 750 capacity venue to open in South London From VIP-Daily News A corner of South London is about to get a boost to its rich musical

But it’s the London Borough’s rich live music history that is about to

heritage. BH Live is preparing to launch The Recreational – a new

be reinvigorated with the opening of The Recreational.

750 capacity flat floor gig space set within the newly refurbished Fairfield Halls in Croydon – opening September this year.

“Croydon has had a history of being home to some ground breaking musical moments.”

Known more these days for being the home town of some of the most influential artists to come out of the UK, Croydon tops the list

“Witnessing one of Hendrix’s earliest UK performances, being one

as one of the most musical cities in the UK as compiled by streaming

of the first towns to embrace the American Blues revival in the 60s,

service Deezer.

the hometown of The Damned and the first commercial punk record release. It is the birthplace of Drum and Bass and now sits at the

Artists like Stormzy, Nadia Rose, Loyle Carner and Binker and Moses all

heart of not just grime but also the incredible new jazz explosion in

have Croydon roots and stand proudly alongside alumni from the local

South London. Music, creativity and innovation are very much part

Brit School including Eyre,19_Layout Adelle, Amy Winehouse and King Krule. Page of Croydon’s DNA.“ Fairfield Advert Ella - Feb 1 13/02/2019 22:58 1

Over 50 years of history and a multi million pound makeover

FA IRF I E LD H A LL S

BRING YOUR ACTS AND BE PART OF OUR OPENING SEASON Phoenix Concert Hall - capacity 1,802 ‘The Recreational’ standing gig space - capacity 750 Ashcroft Playhouse - capacity 809

Full tech spec at fairfield.co.uk Enquires 020 3292 0001

10

Photographs © Frazer Ashford

South London’s largest arts centre reopens September 2019

VIP NEWS >

FEBRUARY 2019

“To be opening a new performance space dedicated to live music is a natural part of the town’s ongoing cultural evolution. Not only is this size venue long overdue in this part of London, it perhaps also represents the single biggest change in intent of the new Fairfield Halls; embracing Croydon’s rich contemporary musical history and ensuring today’s artists have a space in which to perform.” explains Graeme Miall, Senior Artistic Associate at Fairfield Halls.

According to Graeme Miall the venue is already catching some serious industry interest. And it’s not just the capacity that is compelling.

Excellent transport links via East Croydon and a catchment area cut across South London and into the South East of England.

For further information and to enquire about booking The Recreational at Fairfield Halls,

Fairfield

contact graeme.miall@bhlive.org.uk

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VIP NEWS >

FEBRUARY 2019

Spanish promoter Planet Events acquired by Live Nation From VIP-Daily News Live Nation Entertainment has acquired a majority stake in Planet

Events. “We now welcome the chance to strengthen our relationship

Events, one of the leading concert promoters of Latin artists in Spain.

and connect more Spanish and Latin artists with their fans.”

Planet Events will remain partially owned by PRISA, the world’s

Live Nation Barcelona and Planet Events have previously collaborated

number one Spanish-language media group whose publications

on tours for international artists including Luis Miguel and Juanes, as

include Los40and El País, establishing a strategic union that gives Live

well as Paul McCartney’s Madrid concert in 2016.

Nation Barcelona opportunity to reach new audiences in the region.

“The opportunity to combine Planet Event’s local expertise and Live Nation Barcelona already operates across Spain and Portugal,

PRISA’s vast audience network with Live Nation’s scale and resources

and by joining forces with Planet Events and PRISA, will reinforce its

is quite unique and aligns with our commitment to bring more

regional presence while also creating a future platform from which

Spanish and Latin music to fans around the world,” said says Pino

to promote Spanish and Latin artists across Europe.Live Nation

Sagliocco, Chairman of Live Nation Barcelona.

Barcelona has had a presence in Spain since 2006, and over the last thirteen years, the company has been a key player in meeting the

Planet Events was founded in 1999 and is now directed by Chen

growth in demand for live entertainment in the country.

Castaño. The company will remain based out of PRISA’s offices in Madrid and will continue to develop its varied roster of Latin tours,

“We have worked with Live Nation Barcelona on some great shows

festivals, such as Noches del Botánicoand Fitur Is Music; and industry

and events in the past,” said Chen Castaño, General Manager at Planet

events, like Oro Viejoand Los40 Music Awards.

Pino Sagliocco, Chairman of Live Nation Barcelona

12

VIP NEWS >

FEBRUARY 2019

The German Sustainability Award From VIP-Daily News A call to work together on one of the most important topics of our time with the next generation (of fans) asking us to act now!

With 5 competitions, over 800 applicants and 2,000 guests at the 2018 closing event, the German Sustainability Award is the largest and most prestigious award and conference of its kind in Europe.

In cooperation with the Federal Government, business associations, civil society organisations and NGO’s such as UNESCO and UNICEF, it honours outstanding achievements in sustainability in business, local authorities and research.

Stefan Lohmann

VIP-News spoke to Stefan Lohmann, responsible for the event’s artist relations.

Melua, Jamie Cullum, Art Garfunkel, Rob Gibb, Yusuf/Cat Stevens,

José Carreras have been guests of honour and performed some of

VIP-News: When was the German Sustainability Award started

their biggest hits. But also actors and politicians have received the

and who were the founders?

award like Richard Gere, Colin Firth, Nicolas Cage, Ban Ki-Moon, Prince Charles, Antonio Guterres etc.

Stefan Lohmann: The German Sustainability Award was established in 2008 by Stefan Schulze-Hausmann – a german journalist, tv host

VIP-News: How are the nominated artists selected?

and lawyer - to encourage the acceptance of social and ecological responsibility and to identify role models in this area – be it companies,

Stefan Lohmann: As the artist relations manager for the event I’m

start-ups, cities or individuals like artists.

responsible, together with the board, for the right choice of artists

and activists from the field of entertainment. I look for artists who are

VIP-News: Which artists have been awarded so far?

well known for their engagement and who have something to say.

Journalists from the biggest newspapers, TV news and magazines

Stefan Lohmann: Some of the most successful German artists like

attend the event and report on the artists’ engagement, foundations,

Marius Müller-Westernhagen, Fantastischen 4, Scorpions, Andreas

tours and new releases.

Bourani, Jan Delay, Rea Garvey and also many international artists like Annie Lennox, Nelly Furtado, Anastacia, Angélique Kidjo, Katie

VIP-News: Why is it important to have a Sustainability Award event?

Angelique Kidjo is presented the award by former federal president Christian Wulff - Fotocredit Ralf Rehmeier

Stefan Lohmann: The basic idea of the event is to anchor the topic of sustainability in the middle of society. In order to achieve this goal, media reporting is an important factor, which is why well-known personalities and artists play an important role. Artists have a more emotional and sustainable way to reach fans and journalists. This is why we look for artists who raise their voices for a better world.

VIP-News: When will the event take place this year?

Stefan Lohmann: This year the Germany Sustainability award will take place on the 22 November at the Maritim Hotel in Düsseldorf. We ask managers, agents and artists to work together with us on one of the most important topics of our time.

More info: https://www.nachhaltigkeitspreis.de/en/

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VIP NEWS >

15

FEBRUARY 2019

VIP NEWS >

FEBRUARY 2019

Live Nation acquires two Scandinavian festivals From VIP-Daily News Live Nation Entertainment has acquired a

In 2019 Tons of Rock will move to the new

countries. The festival sells out annually,

majority stake in Tons of Rock, Norway’s

and spectacular location of Ekeberg in Oslo.

attracting a record 75,000 festival-goers in

biggest rock and metal festival and in Finnish

The timing of the move was perfectly aligned

2018, and takes place over two days at the

Hip Hop festival Blockfest.

with the deal and will give more fans access

Tampere Stadium.

to see the acts they love. Ticket sales have Tons of Rock was founded in 2013 and has

rocketed and with major headliners like KISS,

“This deal cements Blockfest’s position in

grown to be one of the leading festivals

Volbeat and Def Leppard this year’s festival

the festival calendar and will ensure that the

in Norway.

looks set to be a vintage year.

festival attracts the hottest international acts going forward. We have a great team who

After securing Slayer as a headliner for the

“We are ready to take the next step in the

are excited to work more closely with Live

inaugural festival, Live Nation Norway and

festival’s journey and the line-up for the 2019

Nation Finland to deliver the best possible

Tons of Rock worked together closely over

festival speaks for itself,” said Jarle Kvåle,

live experience for our audience” said Kalle

the years, leading to appearances by Black

Festival Manager and one of the founders of

Kallonen, CEO and founder of Blockfest.

Sabbath, Ozzy Osbourne, Alice Cooper,

Tons of Rock. “After five successful years in

Ghost, and Five Finger Death Punch among

Halden we saw potential for further growth.

“We have always had a great relationship

other international stars.

We found the perfect venue at Ekebergsletta

with Blockfest and are looking forward to

in Oslo and wanted a strong strategic partner

putting our resources into bringing more of

“We have worked with Tons of Rock from

who would help us continue to grow. The

the world’s leading hip-hop, R&B and grime

the very beginning and are excited about our

answer was obvious, and close at hand, Live

artists to the festival” said Zachris Sundell,

future with the festival,” said Martin Nielsen,

Nation Norway.”

head promoter for Live Nation Finland

head promoter of Live Nation Norway. “The

“Blockfest is one of the most innovative

Tons of Rock team have demonstrated an

Blockfest was founded in 2008 in Tampere,

festivals in Finland and we are thrilled to be a

outstanding commitment to the festival and

Finland and has grown to be one of the

part of its future”.

to audience experience.”

biggest hip-hop festivals in the Nordic Live Nation Finland and Blockfest have worked together since 2013 to bring top artists to the festival’s stages, including Wu-Tang Clan, Snoop Dogg, Ice Cube, Wiz Khalifa, Skepta, Rick Ross, Mobb Deep, Migos, Lil Wayne, NAS, Post Malone, G-Eazy and A$AP Rocky.

16

VIP NEWS >

FEBRUARY 2019

BREXIT Bears Down Upon Us! Allan McGowan am@vip-booking.com It still seems that nobody knows what is happening with the chaos of Brexit! We do know though that it is unlikely to have good results for the music industry, least of all the live business. However business representatives are making the best of a bad and confusing job, by taking a message to the US, to SXSW to be precise…

UK Music unveils expert panel of senior MPs

The committee has also recently hit the

“SXSW promises to be a fantastic showcase

and business leaders to discuss post-Brexit

headlines for its inquiry into disinformation

of the best of new British talent. The UK

music industry at SXSW 2019

and “fake news” in an attempt to hold

Music event could not come at a more

Facebook and Mark Zuckerberg to account.

critical time for the UK music industry with so many vital questions about the impact of

UK Music unveiled a stellar line up of senior The panel will consider the international

2019 to discuss how to maintain the UK’s

implications, challenges and opportunities

world-leading music industry after Brexit.

for music and talent development for the UK

“We hope to explore some of those issues

music industry – which contributes £4.5bn a

and look at wider solutions to maintain the

Chaired by UK Music CEO Michael Dugher,

year to the economy – following the decision

outstanding global success of the UK music

the high-level panel is set to include senior

to leave the EU.

business and safeguard the future of the talent pipeline”.

Conservative MP Damian Collins, chair of the influential House of Commons Digital,

For the first time, UK Music is an official

Culture, Media and Sport Select Committee.

partner at the British Music Embassy – the UK residency at SXSW.

The event will take place on Tuesday March 12 from 4.30pm to 5.30pm at the British

UK Music CEO Michael Dugher said:

Music Embassy at Latitude 30 (512 San Jacinto) in Austin, Texas.

“UK Music are proud to be official partners at the British Music Embassy and we’re

Titled “UK Music Presents: How do we

delighted to be hosting such a fantastic

maintain the UK music industry’s global

panel of experts at SXSW this year.

success after Brexit?”, the other panellists are set to include: Labour MP Julie Elliott

“Damian Collins is one of the most respected

MP (Labour member of the DCMS Select

and influential MPs, whose voice is listened

Committee), Peter Leathem (CEO, PPL), Nigel

to across the House of Commons and in the

Elderton (Chair, PRS for Music), Vanessa

corridors of power.

Reed (CEO, PRS Foundation).

“Equally, Julie Elliott MP is a hugely talented

18

Brexit remain unanswered.

MPs and music business leaders for SXSW

The recent work of the DCMS Select

and formidable campaigner. It’s great they

Committee has included an inquiry into the

will join Peter Leathem, Nigel Elderton and

economic, cultural and social benefits of

Vanessa Reed, who are some of the most

live music.

important and respected industry voices.

Michael Dugher

VIP NEWS >

FEBRUARY 2019

“Our

recent

inquiry

into

Live

Music

“But we also heard concerns from across the

highlighted the amazing global impact of the

industry about the potential impact of Brexit,

UK music scene, its iconic venues, festivals

including on the ease with which musicians

and talent.

can tour to and from the UK. I look forward to discussing these issues with the panel.

“The

SXSW

Music

Festival

and

the

British Music Embassy are important for

Julie Elliott

showcasing the strength of UK talent to new audiences, and we welcome this opportunity to discuss practical solutions for supporting that talent into the future post-Brexit, including the recommendations that came out of our inquiry.”

Julie Elliott MP, member of the DCMS Committee and Labour MP said:

Damian Collins

“It was clear from our inquiry that there is appetite around the world for British music, so it is important that we continue to

Damian Collins MP, Chair of the DCMS

champion and support those audiences who

Committee said:

love live music.

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19

VIP NEWS > INDEPTH STORY >

FEBRUARY 2019

Sales Time in the Concert Industry Manfred Tari mt@vip-booking.com We seem to be experiencing the conversion

parts. At least from the point of view

the entire concert sector. Providence Equity is

of the live music industry into a new era,

of large investment companies, making

only one of the companies of the financial

seeing the departure of impresarios, with

direct comparison even the operational key

sector that has currently discovered the

concert agents being turned into product

figures of the two industry giants appears

concert business as a worthwhile investment

managers, similar to those within major

to be out doable.

opportunity. The private equity company is

record companies. Less obvious but in

22

currently financing the live shopping tour

the main responsible for this meaningful

While Live Nation achieved a turnover of

of Superstrukt Entertainment, led by James

structural change are the activities of external

over 10 billion US dollars for the first time

Barton as spin doctor. Barton previously

investment companies, some of them in

in 2017 and currently achieves a market

worked for Live Nation and was originally one

financial terms actually more wealthy than

capitalisation of around 11 billion US dollars

of the founders of the Creamfields Festival.

Live Nation and CTS Eventim together.

on the New York Stock Exchange (NYSE), the company is still modest compared to

In early 2017, Superstruct acquired a 70

Following the purchases made by powerful

the US investment company Providence

per cent majority stake in Sziget Festival in

players from the financial sector who recently

Equity with an investment volume of over

Budapest, which also hosts four other festivals

devoted themselves extensively to buying

46 billion US dollars. In addition, the market

in Hungary, including Balaton Sound and the

music publishing companies, it is now concert

capitalization of the European industry leader

Volt Festival, with annual sales of around 36

companies who are enjoying the attention of

CTS Eventim at Frankfurt Stock Exchange, is

million euros.

external investors...

3.5 billion Euros, it should be mentioned that this company for the first time generated

Sziget was just the beginning as Superstruct

Even though Live Nation and CTS Eventim

sales of over 1 billion Euros in 2017. Back to

has since then acquired stakes in the Sonar

within almost two decades have combined

Providence Equity and its remarkable role in

Festival

parts of the concert industry into corporate

the context of a structural change that so far

organiser Elrow, Oya Festival (Oslo) as well as

structures, this part of the music business

has received only limited attention, but in the

the Flow Festival in Helsinki in November last

is still predominantly organized in smaller

long run certainly generates consequences for

year. For those who are not familiar with the

(Barcelona),

the

multi-electronic

VIP NEWS > INDEPTH STORY >

FEBRUARY 2019

Large Scale Role Model CAA & WME:

Elrow name doesn’t mean anything, it should

German company previously announced

be noted that this company says it organises

in November that it had acquired a 25 per

around 150 events from festivals to club

cent stake in the Danish concert promoter

In a completely different league, investors

shows in 27 countries across Asia, Europe,

smash!bang!pow!

are involved within the financial settings of

the Middle East and Latin America.

global players William Morris Entertainment

Buying and selling in Denmark:

Orkila Capital, on the other hand, has stakes

(WME) and Creative Artist Agency (CAA).

in the US festivals Boston Calling and Eaux

In 2010, the US companies William Morris

Claires Music & Arts Festival as well as

Agency and Endeavour Talent Agency

As a reminder: While in 2014 CTS Eventim

Bellator, an organizer of mixed martial arts

merged to form WME. Two years later, US

subsidiary FKP Scorpio’s entry into the

events. It should be mentioned that the

investor Silver Lake Private Equity acquired

Danish concert business with participations

founders of this fund previously worked for

31 per cent of the company, followed by

in the Northside Festival and the launch of

Providence Equity.

51 per cent in 2014. The total investment

the Tinderbox Festival (2015) as well as the concert promoter Beatbox caused quite

amounts to 750 million US dollars. In Nordic by Dutch Investment:

an uproar in the Danish concert business.

2017, WME also secured the major rights of 1.1 billion US dollars from the Canadian

However, the company structure of this

Thanks to the Dutch investor Waterland

Pension Plan Investment and the Singapore

network had already been redesigned in

Private Equity Investments, All Things Live

Investment Fund. According to the rating

spring 2018.

launched in December as another new

agency Moody’s, WME achieved a turnover

player in the Scandinavian concert market.

of 2.8 million US Dollars in the business year

In April last year, FKP Scorpio announced

Waterland grouped six concert companies

2017 and apparently according to media

that it had sold its shares in the two festivals

under one roof and, according to its own

reports comes up to a market value for WME

to its previous business partners, but would

statements, securing the majority rights to this

of more than 6.3 billion US Dollar. Since

continue to be a shareholder of Beatbox.

company. ICO Concerts, ICO Management

then, WME has evolved to be much more

The following May, it became known that

and Touring (DK), Friction and Atomic Soul

than an artist agency for film or pop stars.

the American venture capital fund “Orkila

Booking (NO) , Blixten & Co and Maloney

It became a multinational entertainment

Capital” had acquired 40 per cent of Down

Concerts (SW) are also involved, bringing it up

firm that has hordes of musicians, athletes,

The Drain Holding, the new owner of the

to a combined annual turnover of 85 million

actors, politicians and top chefs under

festivals in question, for a multi- million

Euro. With around 70 employees, All Things

contract. Not to mention the management

sum.

2019,

Live will produce around 3000 concerts and

of the Miss Universe events...

Beatbox changed its name to Down The

events per year and sell more than a million

Drain Concerts, but apparently without the

tickets, whether for concerts with Rammstein,

TPG Capital, on the other hand, has assets

participation of FPK Scorpio. Instead, the

Green Day or domestic acts such as Robyn.

of over 100 billion US dollars and holds a

More

recently

in

January

23

VIP NEWS > INDEPTH STORY >

FEBRUARY 2019

majority stake in WME’s arch rival CAA. It

right from the start. Early this year, media

Generally speaking, the general master

started in 2010 with an initial investment

reports also attracted particular attention in

plan of investment companies is to acquire

of 165 million US dollars. Four years later,

the financial industry, with Liberty Media, Live

companies, consolidate them and, at best,

a further payment of 225 million US dollars

Nation’s largest single shareholder, reportedly

either resell them profitably or float them on

was made to increase the stake to 53 per

considering acquiring a stake in CAA.

the stock exchange within a period of up to

cent. In addition, according to CNBC, right at the beginning, TPG Capital granted the

five years.

Between Equity Story and Exit Strategy: From impresarios to asset managers:

company an additional $500 million cash injection, enabling CAA to launch its own

While previously it was Live Nation and CTS

venture capital fund, financing further

Eventim who generated their company

The era of concert impresarios definitely

company acquisitions. Under the name

growth through acquisitions, investment

seems to be over. On the other hand, the

Evolution Media, CAA now has its own

companies fill a gap that the concert groups

structures of large concert companies are

investment department. In early 2018, for

do not serve in this way.

becoming more and more similar to those

example, Evolution Media, together with

of large record companies: having more and

TGP Growth, acquired a majority stake in

Although in 2018 CTS Eventim recently

more A&R departments, where bands sign

the African Media Network Trace, which has

acquired four concert promoters in Italy

worldwide deals, converting concert agents

more than 20 Pay TV channels and records

(D’ALESSANDRO & GALLI, F&P, Vertigo and

into product managers, supported by specialist

and broadcasts up to 400 concerts annually.

Vivo Concerti) as well as Doctor Music in

departments for marketing & sponsoring or

Spain, the acquisitions by private equity

legal affairs, which deal with the clarification

A year earlier, China Media Capital and

companies as previously mentioned prove

of broadcasting rights or concert contracts.

Temasek, an investment company based in

that they are not just making acquisitions

However, the structural change is completed

Singapore, secured minority stakes in CAA

in the concert business as a result of a

at the latest as soon as the company has its

in order to be part of the CAA China branch

buying mood.

own “Investor Relations” department.

MEGAFORCE

‚ ‘ Roll k c n n o R e v we li passio h it w The Stage Company r to g e t h e

24

MEGAFORCE Joehlinger Strasse 118 D – 76356 Weingarten

Phone +49 72 44 72 02 0 info@megaforce.de www.megaforce.de

In December of 2018, Magic Reality Group (MRG, Inc.) presented

the World Premiere of Sleeping Beauty Dreams, an EDM-influenced performance that explores one of the most iconic stories ever told, Tchaikovsky’s “Sleeping Beauty”.

The premiere was held at the Adrienne Arsht Center during Miami Art Week and consecutively in New York at the historic Beacon Theatre.

Sleeping Beauty Dreams takes the audience on a deep journey along Princess Aurora’s transformative dreams while she slept for 100 years through the power of an unprecedented mixture of contemporary dance with state-of-the-art projection technology and electronic music. International prima ballerina, Diana Vishneva, performs as Princess Aurora and Marcelo Gomes as Prince Peter. The classically trained ballet artists are reunited once again in a passionate performance never seen before on stage. This is not your normal Ballet!

The impressive international creative team assembled by producer and director Rem Hass included digital artist Tobias Gremmler (German-born, Hong Kong based), costume designer Bart Hess (The Netherlands) who has worked with Lady Gaga, choreographer Edward Clug (Slovenia), light artist Laurent Fort (French-born, U.S. based), technology art by fuse* (Italy), and music by famed EDM pioneer Thijs de Vlieger of NOISIA (The Netherlands), whose music has been featured in Hollywood films and has collaborated with some of the world’s biggest artists including Skrillex and deadmau5.

Led by executive producer and international music promoter, Ed Ratnikov, MRG, Inc.is in preparation to launch a Sleeping Beauty Dreams World Tour startingin Fall 2019.

VIP NEWS >

NAMES & JOBS

FEBRUARY 2019

Leander Gloversmith joins ie:music From VIP-Daily News UK Management firm ie:music, which

than Atlantis for their first two albums as

proved time and again that he has an eye for

represents the likes of Robbie Williams,

well as punk band Creeper.

what’s next.

hired manager Leander Gloversmith. Based

Gloversmith said: “It is a privilege to be part

“His roster will be able to avail of our world

in London, Gloversmith will also operate

of a company with such an effusive legacy,

class artist services team who will apply

from ie:music’s LA headquarters, ie:west,

who continue to evolve and remain a source

experience

as bands embark on upcoming tours in the

of ideas and creativity. A lot is said about the

other artists to maximise their potential. It is

US. Gloversmith is described as a specialist

diminished state of this scene, yet ie:music

particularly exciting to have two outstanding

in rock and metal and will be working with

are doubling down on rock and metal as we

artists that already have a firm US fan base

UK pop-punk act Neck Deep, whose 2017

believe it to be in rude health, birthing some of

– Neck Deep and As It Is – and we are also

album The Peace and the Panic charted in

the most exciting and creative artists around,

thrilled to welcome Frost Koffin.”

the Top 5 in the UK and US.

many of whom are quietly ascending to arena

Passenger, Cher Lloyd and Ladyhawke has

developed

across

ie:music’s

headline status without a drop of mainstream His initial roster also includes Brighton post-

support. Paired with its passionate, multi-

hardcore group As It Is and Texan metal

generational audiences, this is truly a world of

band Frost Koffin. With 12 years of artist

lifers, on and off-stage.”

management

experience,

Gloversmith

played a key role in the signing and

Michael Loney, co-MD of ie:music and

development of metalcore juggernauts

president of ie:west in Los Angeles, added:

Architects. During that time he also

“We are delighted to welcome Leander

managed BBC Radio 1 favourites Lower

and his roster to the ie:music family. He has

ie:music co-founder Tim Clark, Leander Gloversmith, ie:music co-MD Michael Loney

Troy Carter joins UTA From VIP-Daily News Music executive and entrepreneur Troy Carter

Nelly, Meghan Trainor and Priyanka Chopra,

them on this next chapter and bringing

has signed with UTA in all areas. The agency

among others.

inspiring stories to the world.”

ventures in verticals including film, TV and

“Troy Carter has achieved success in

On the film and TV side, Carter currently

theater”. Carter most recently served as

everything he’s done,” said UTA CEO,

has several projects in development at

global head of creator services at Spotify.

Jeremy Zimmer. “He’s not only one of

Netflix, Universal Pictures and Apple. UTA

He also advises the Prince estate on matters

today’s most innovative, self-made leaders

will also help broaden his reach by setting

concerning the artist’s intellectual property.

in music and tech, he’s broken ground as

up projects in theater.

will assist Carter in developing “innovative

a creator, an executive and investor. His

26

Carter currently boasts several projects in

unique vision for the future will touch

development at Netflix, Universal Pictures

every area of UTA and we look forward to

and Apple. He’s also an investor with more

exploring new avenues of business with

than 80 holdings in sucha companies as

him. UTA is becoming a creative hub at

Uber, Dropbox, Lyft, Spotify, Slack, Warby

the intersection of music and art culture,”

Parker, Gimlet Media, The Skimm, among

said Carter. “Jeremy Zimmer and his team

others. Carter founded Atom Factory in

are passionate, hungry and have shown

2007. The management company went on

exemplary taste when presenting me with

to represent Lady Gaga, John Legend, Eve,

projects. I look forward to working with

Troy Carter

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VIP NEWS > BUSINESS >

MUSIC IN SHARES

FEBRUARY 2019

Music In Shares Manfred Tari mt@vip-booking.com

CTS Eventim - Record year for CTS Eventim

DEAG - Perform Gaining

Just before our deadline CTS Eventim published its preliminary figures

Three months ago 3.41 Euro, now at 3.90 Euro and for quite a while

for 2018, which show significant increases in revenue and earnings.

peaked at a share price of 4 Euro on February 21...

Total revenue increased by 20.1 percent year-on-year to 1.2 billion, compared to 1.03 billion in the previous year.

Live Nation - Never Mind Christmas 2018

Normalized EBITDA grew by 12.9 percent from 204.7 million to

On Christmas Eve last year at $46.20 a significant share price dip

231.1 million. “The Ticketing and Live Entertainment segments

compared to $56.50 on December 12. However, meanwhile has risen

both contributed to this significant growth,” according to the

to $55, which probably makes the Christmas-downer forgotten...

earnings report.

Spotify - The Rollercoaster Effect The normalized EBITDA margin decreased from 19.8 percent at the end of last year to 18.6 percent.

Last year the share price experienced a rollercoaster rally. Up and down, ranging in price scale from $198.99 to $ 103.29. Also this

“Our financials show that we are able to further develop CTS

company apparently affected the Christmas festivities of its investors

Eventim from a position of strength,” commented CTS Eventim CEO

when the share stood on December 24 at just $107.75. But since

Klaus-Peter Schulenberg. “In Ticketing, we increased our growth

then the share price gradually recovered, climbing to $148.50 in

momentum over the course of the year, and in Live Entertainment,

February when this issue went to press.

we consolidated our leading role in Europe with well-attended tours and further acquisitions. By winning the contract for collecting

Eventbrite - Hope For More

the passenger vehicle toll in Germany, we also demonstrated that we can successfully transfer our existing competencies into new

Three months ago was at $36.50 but has since then been around

business areas.”

$30. Last share price covered at $29.35 leaving the overall demand for a more pleasing share price of this company in the near future...

In 2019, CTS Eventim expects further growth in group revenue and normalized EBITDA. Interesting news in the pipeline Furthermore CTS Eventim apparently has some meaningful news in the pipeline.

At ILMC 31 CEO Klaus-Peter Schulenberg will make an announcement that is so important for the company, that Schulenberg for the first time ever will use the stage of an industry conference to spread the news. Already the share price of this company is back on track. Since November 22 the share price has increased from 33.84 up to 40.10 Euro on February 22.

Seems like a good start into the new business year..

28

CTS Eventim CEO, Klaus-Peter Schulenberg

Register early to get a discount!

Hamburg/Germany

18 – 21 Sept. 2019 Join us for concerts of international newcomers · Music related art programmes · An inspiring conference with sessions for the music and digital creative industries · International showcases · Networking events · Awards shows · Meetings · 5,500 delegates from more than 50 nations

reeperbahnfestival.com Organiser: Reeperbahn Festival GbR & Inferno Events GmbH & Co. KG

VIP NEWS > MISC >

FEBRUARY 2019

MEMBER PRESENTATION

This space is dedicated to present some of our clients using VIP-Booking.com. Companies presented here have our best endorsement...

ARTIST AVAILS LOS DE ABAJO Style: Ska / Mestizo / Cumbia Latin Territory: All Europe / Period: End May to End July 2019 Agency: Frusion and FIzzion / Agent: Ian Smith Phone: +44 7791 699889 E-mail: ian@frusion.co.uk Homepage: www.fizzion.eu/artist.php?id=169

FABIUS CONSTABLE & THE CELTIC HARP ORCHESTRA Territory: Worldwide Period: On demand Agency: Ass. Culturale `The White Stag` Agent: Sabrina Noseda Phone: +39 3927711392 E-mail: arpaceltica@yahoo.com Homepage: www.arpaceltica.com

MAMADOU KELLY Territory: Worldwide Period: 2019-2020 Agency: Clermont Music Agent: Chris Nolan Phone: +1 5187555089 E-mail: chrisanolan3@clermontmusic.com Homepage: www.clermontmusic.com/mamadou-kelly/

2019 sees Marshall Arts celebrate 43 years in the entertainment industry. The company has assumed many different roles over those years - Artiste’s Management, Agency, Production & Site Co-ordination, all logistics relating to the presentation of events, but primarily have promoted and arranged international and, indeed, worldwide tours for many major Artistes

ZAP MAMA Territory: Europe Period: 2019 Agency: Artistagency gent: Bart Quintens Phone: +32 16 77 76 70 E-mail: bart@artistagency.be Homepage: www.zapmama.co

The Artistes with which the company have been associated are extremely varied, and we have been fortunate to have maintained longstanding relationships with many of them.

References include Paul McCartney, Tina Turner, Bon Jovi, Janet Jackson, Britney Spears, The Spice Girls, Elton John, Cher, Whitney Houston, Joe Cocker, Lionel Richie, Backstreet Boys, Elton John, George Michael, Rod Stewart, Dire Straits, Destiny’s Child, Elvis Costello, Mary J. Blige, Eurythmics, Al Jarreau, and many more! www.marshall-arts.co.uk

About Our Company VIP-Booking’s core product is the largest­database­for the European Live Entertainment Industry www.vip-booking.com­developed as a tool for industry professionals­. Since it’s launch in the year 2000, we have consistently offered our subscribers the very best in database services and now boast subscribers­in over 50 countries.

®

vip-booking.com

30

VALENTINO MITAJ Territory: Worldwide Period: Now Agency: Mitaj Music Group Agent: Al Maddin Phone: +1 917 267 2303 E-mail: ValentinoMBooking@gmail.com Homepage: www.ValentinoMitajMusic.com

TIGER CAVE Territory: Europe Period: June - August Agency: Tiger Cave Agent: Lana Dali Phone: +79262450868 E-mail: cyril@tigercave.com Homepage: www.tigercave.com

MORE ARTIST AVAILS ON: WWW.VIP-BOOKING.COM POST YOUR ARTIST AVAILS ON: WWW.VIP-BOOKING.COM

Mamadou Kelly

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