RUMOR MILL
Tuesday, May 11, 2010
Live Nation Q1 Results
LIVE NATION REVENUE, LOSSES UP: Live Nation Entertainment lost $112 million, or 76 cents a share, for the three months ending March 31, compared to a pre-merger, year-ago loss of $102.7 million or $1.29 a share. Sales of the combined company, which includes Ticketmaster and the management firm Front Line Entertainment, were up 49% to $723 million, with concert attendance down 3% to 6.8 million, though spending per consumer jumped 2% to $59.71. Said CEO Michael Rapino: “We remain on track to drive a minimum of $40 million in merger synergies through the end of the year. And no, I can’t get you Lady Gaga tickets.” (5/11a)
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
| ||
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
|
JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
