Live Nation To Raise $800 Million Of Fresh Cash In Debt Sale

Four new skyscrapers could be built in Manchester city centre if plans worth more than £741m get the green light from the planning committee this week.

A furious dad has vowed never to return to Manchester Airport due to its 'unfair' parking fees.

A PE teacher has been struck off the teaching register after allegedly sleeping with a pupil.

A drug dealer from Liverpool who flooded homes in a Greater Manchester town with drugs has been jailed.

Brooklyn Beckham, 22, showered fiancée Nicola Peltz, 27, with fifteen huge bouquets of white roses to mark their last Valentine's Day before celebrating their wedding later this year – and he also wrote her the most romantic note.MORE: Brooklyn Beckham opens up about his Jewish wedding to Nicola and reveals the one item he has banned - detailsBride-to-be Nicola shares a glimpse of the flowers inside their $10million Los Angeles home and fans also got to read the very special note that came with them – which hinted at baby news!WATCH: Brooklyn Beckham hints at baby news in personal note to Nicola Peltz"Happy Valentine's Day baby x you are my best friend and you deserve to have the best day xx you continue to make me the happiest man in the world and I cannot wait to call you my wife xx," he wrote in the lengthy note.READ: Brooklyn Beckham and Nicola Peltz shopping for $10.5m home will surprise you - detailsRELATED: Victoria and David Beckham's megamansion costs 45x average London homeHe then hinted at becoming parents soon by adding: "You are going to be the best mum in the world and I am so lucky to call you mine xx." Nicola showed off the gorgeous bouquets on her Instagram StoriesWhile Brooklyn and Nicola's wedding date has not been revealed, it is thought to be in the Spring. The couple opened up about their Jewish wedding last week in a Valentine's Day video filmed for Vogue magazine, who are thought to be covering their big day."Full wedding prep mode and it's a lot of fun," Brooklyn said in the video.

Janette Manrara turned up the heat on Valentine's Day. The Strictly Come Dancing star shared a risqué snapshot showing her and husband Aljaz Skorjanec – and fans went wild.MORE: Janette Manrara's home with Aljaz Skorjanec is full of Strictly memoriesThe photo shows the couple wearing nothing but jeans.

Approximately 20 percent of Live Nation Entertainment employees have been furloughed as part of the company's cost-cutting measures amid the spread of the novel coronavirus, company sources toldThe Hollywood Reporter on Friday. Those furloughs began in late April and affected hundreds of Ticketmaster employees.

With a pandemic hanging over the touring industry, Live Nation's first quarter earnings released Thursday revealed the damage caused since concerts were widely suspended in mid-March: Compared to Q1 2019, concert revenue dropped 24.6% and ticketing revenue fell 15.8%.This year, Live Nation will host virtual concerts, is testing drive-in concerts -- these started popping up in parking lots as early as mid-June -- and will later give superstar artists multiple theater dates rather than a single arena concert. And nothing in the Q1 earnings call suggested the leadership team feels anxious about guiding the company through a financially dangerous tumult.

Concert promoter Live Nation has said they are planning to resume concerts at "full scale" in 2021, after the spread of coronavirus stopped live shows across the world.

"Our goal is really to be on sale in the third and fourth quarters for 2021 at full scale.”

Due to the global freeze on live music

You may soon have to roll up to rock out.

The gig promoters are trying to find a way for live music to return amid the coronavirus pandemic

By Jill Goldsmith

By Jem Aswad

Live Nation blockbuster $480 million purchase of a controlling interest in Mexican promoter OCESA Entretenimiento has been put on hold because of the COVID-19 crisis, Live Nation chief executive Michael Rapino announced Thursday (May 7) on its first quarter earnings call.

By Jem Aswad

Live Nation chief executive Michael Rapino emailed his staff Tuesday detailing plans for issuing refunds to ticket buyers, including news the company was expanding its refund offer to fans who bought tickets for events that have not yet been rescheduled. If new dates aren't set within 60 days of the original event date, fans will automatically be emailed a refund offer, or they can elect to keep their tickets, he explained.The staff memo comes after the Live Nation-owned Ticketmaster fell under intense pressure to offer customers refunds for postponed shows, including complaints from several members of Congress and an angry chorus of fans and members of the media.

The promotion giant previously said that refunds wouldn't be available until a new date was announced for postponed gigs

A month after suspending all tours amid the novel coronavirus pandemic, Live Nation's CEO will be forgoing his annual base salary and other executives will be taking pay cuts, the events promoter disclosed. Additionally, the company has amended its credit agreement to get access to up to an additional $120 million to $150 million as the concert industry has shuttered across the globe.

With the live events industry facing an uncertain future, Live Nation president/CEO Michael Rapino will forego his salary, part of a variety of cost-cutting measures the events promoter is implementing to save $500 million by the end of 2020. Live Nation will cut salaries for senior executives by up to 50%. Rapino's pay will go from $3 million to zero, president

By Jem Aswad

As anyone who’s ever attended a concert can deduce, musicians aren’t the only ones suffering from the impact of the coronavirus pandemic on the live-entertainment industry: An entire economy of roadies, technicians, security and many more have been deeply impacted by the postponement of virtually every concert tour in the world.

Live Nation chief executive Michael Rapino has purchased $1 million worth of stock in the company he has built since 2005, according to a recent filing with the Securities and Exchange Commission on Thursday (March 12).The stock purchase comes on a brutal day for the stock market, with the Dow Jones Industrial Average dropping nearly 10% or about 2,352 points -- the biggest one-day drop in 33 years. Both the S&P 500 and the Nasdaq, where Live Nation is listed, were each down more than 9%.Live Nation's stock was battered by the selloff, dropping 16.6% as the Nasdaq approached bull market conditions, ending the day at $36.20 per share, a 52% drop from a high of $76.08 on Feb.

Live Nation chief executive Michael Rapino has purchased $1 million worth of stock in the company he has built since 2005, according to a recent filing with the Securities and Exchange Commission. The stock purchase comes on a brutal day for the stock market, w

As concern over the spread of coronavirus spread rapidly this week, the world’s two largest live-entertainment companies, AEG and Live Nation, and several major agencies have announced that they are suspending tours for the rest of March.

Live Nation is postponing all of its current touring arena shows, domestically and internationally, until further notice amid ongoing concern over the worldwide spread of COVID-19, commonly known as coronavirus. 

As coronavirus fears ravaged global markets -- slashing Live Nation's stock by more than 25% since mid-February -- the concert giant's CEO, Michael Rapino, tried to reassure investors. "Asia is less than .01 of nothing of our business right now," he said. "The fan will show up." But in the past week alone promoters have canceled Ultra Music festivals in Miami and Abu Dhabi and Tomorr

Veteran artist manager Kevin “Chief” Zaruk and business investor Simon Tikhman have announced the formation of The Core Entertainment with Live Nation invested in the firm as its strategic partner.