November 7, 2013

Live Nation Revenue Hits a Record $2.26 Billion in Third Quarter

Live Nation

(From Billboard Magazine, November 5, 2013) Increased concert attendance drove Live Nation’s third quarter revenue to a record high. The company turned in $2.6 billion in revenue this quarter, which is up 15 percent from the prior year quarter. Adjusted operating income (AOI), a metric that excludes certain one-time items, rose 9% to $221.2 million. […]

October 24, 2013

The Global Goal

2014 World Cup Brazil

(From Billboard Magazine, October 19, 2013) Only eight months left until the 2014 FIFA World Cup in Brazil. There have been more than 4.5 million ticket requests that will be awarded by lottery before the World Cup opener on June 12. The world is not only looking forward to the biggest sporting event of the year, […]

October 9, 2013

NARM Renames Itself the Music Business Association, Expands Mandate

Music Business Association

(From Billboard Magazine, October 7, 2013) The National Association of Recording Merchandisers (NARM), an organization founded in 1958, has announced it will now be known as the Music Business Association. NARM was the trade organization representing music retailers, distributors, and others involved in the sale of music and related merchandise. Not only has the organization […]

September 26, 2013

Pepsi’s Frank Cooper Talks iTunes Radio, Exclusive Brand Channels

Pepsi is introducing their "Pulse of Now" stations on iTunes Radio

            (from Billboard Magazine, September 24, 2013) Since the long-awaited iTunes radio launch last Wednesday, Apple has brought in some exclusive sponsors including McDonalds, Nissan, and more. But only one sponsor has managed to gain their own branded station on iTunes Radio, and that’s Pepsi. The Pepsi Co now has […]

September 12, 2013

Drug Deaths Threaten Rising Business of Electronic Music Fests

(From The New York Times, September 9, 2013) The electronic music business has  gained tremendous popularity within the entertainment industry that only continues to increase. Festivals can draw in ten of thousands and even hundreds of thousands of fans with psychedelic light shows and popular DJs. The trend is now at a estimated worth of […]