Music Industry News

After Beating $2.8MM Copyright Infringement Case, Katy Perry Turns Attention to Instagram Photo Lawsuit

Photo Credit: Glenn Francis / CC by 2.0 Having emerged victorious in a long-running, extremely expensive copyright infringement lawsuit just last week, Katy Perry and her legal team are turning their attention to a Hollywood photo agency’s formal allegation of unauthorized image use. Perry posted the picture in question—a Halloween-party shot showing her dressed as […]

Music Industry News

Liberty Media Repays $130 Million Live Nation Loan Amid COVID-19 Crisis

(photo: Liberty Media) The coronavirus (COVID-19) pandemic has impacted an array of music-industry companies and organizations, including Live Nation. To help the prominent concert organizer effectively address the challenges, mass-media company Liberty Media has repaid a $130 million margin loan in full. Liberty Media owns one-third of Live Nation’s common stock — nearly 70 million […]

Music Industry News

Live Nation Shares Suddenly Rebound In Thursday Trading — Up 11.6%

(photo: Rick Tap) Following a series of coronavirus-fueled stock-price dips, Live Nation has experienced something of a market rebound. The concert-promotion giant, which is traded under the symbol LYV, saw its per-share price increase today by 11.6 percent, from $29.03 to $32.91. Though this total accounts for less than half of Live Nation’s value approximately […]

Music Industry News

Zac Brown Forced to Lay Off 90% of His Road Crew Due to Coronavirus – ‘Ashamed’ of American Leadership

The Zac Brown Band performs live. (photo: Sgt. Chuck Burden) In a recently uploaded video on Scooter Braun’s Instagram account, an emotional Zac Brown lamented the coronavirus (COVID-19) pandemic, called for stricter quarantine measures, and revealed that he’s fired 90 percent of his road crew. At the clip’s start, Brown called the laid-off crew members […]

Music Industry News

TikTok Establishes Content Advisory Council to Better Moderate User Uploads

A smartphone running TikTok. (photo: Kon Karampelas) TikTok has established the Content Advisory Council, a seven-member group designed to guide and develop the video-sharing app’s user-upload moderation procedures.  In an open statement, TikTok U.S. General Manager Vanessa Pappas outlined the Content Advisory Council’s objectives and long-term goals. The seven current members will eventually be joined […]

Music Industry News

And Another One: Bonnaroo Music & Arts Festival Postponed to September

The Bonnaroo stage (photo: Shawn Mariani) Bonnaroo is the latest music festival to be postponed in response to the coronavirus (COVID-19) pandemic. According to a statement published on the four-day event’s official website and on social media, Bonnaroo 2020 has been delayed until September 24th “out of an abundance of caution” and in the interest […]

Music Industry News

New Orleans Jazz Fest Officially Postponed Due to the Coronavirus Pandemic

photo: Alex Zamora The famed New Orleans Jazz and Heritage Festival (Jazz Fest) has been postponed because of the coronavirus (COVID-19) pandemic. Jazz Fest organizers revealed the postponement in a recent social media post. The message cited the preferences and warnings of New Orleans’ authorities, as well as “ongoing COVID-19 health concerns,” as the reasons for […]

Music Industry News

Amazon Suspends CD and Vinyl Mass-Ordering, Prioritizes Food and Medical Deliveries

A London record store (photo: Clem Onojeghuo) To more quickly and effectively distribute food and medical supplies, Amazon has temporarily stopped mass-ordering CDs and vinyl records. The purchasing pause is expected to last until at least April 5th, at which time Amazon’s processing capacity—and the status of the coronavirus (COVID-19) pandemic—will be evaluated. In the […]

Music Industry News

Live Nation CEO Buys $1 Million Of His Own Stock, Loses $250,000 In 4 Days

Live Nation (LYV) stock performance; shares finished at $29.50 on Wednesday. Shares of Live Nation (LYV) took another pronounced plunge today, with shares dropping nearly 13% by the closing bell.  That’s bad news for recent bottom-buyers, including Live Nation’s own CEO. It was a bold-and-daring move designed to inspire confidence among investors and fellow executives […]