LIVE NATION:
HERE'S THE DEAL

Live Nation is not reducing the fees paid to artists to play festivals in 2021, contrary to recent media reports citing an outdated memo regarding deal points.

Sources close to the situation say the leaked memo supposedly documenting LN’s revised position on artist guarantees and other aspects of festival scheduling has been substantially revised and did not represent some newly codified set of demands by the promoter. Rather, these sources say, the deal sheet—which was leaked to Billboard and Rolling Stone—was an early document in a dialogue with agents about rescheduling in this highly fraught pandemic era.

As Charles Attal, Co-President of LN subsid C3, noted to Pollstar in an interview, the leaked doc was a “stale” one; sources say most of its terms have been revised.

Live Nation and others have been actively booking next year’s festivals and have been looking for ways to navigate the unknowns of next year’s festival season. such as potentially reduced capacities, increased health and safety protocols and the potential that audiences may still be reluctant to attend large gatherings.