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Jeremy Larochelle Strategic Analysis of Live Nation Entertainment
Strategic Analysis of Live Nation Entertainment 1 Strategic Analysis of Live Nation Entertainment Jeremy Larochelle, MBA Strategic Analysis of Live Nation Entertainment 2 Executive Summary The following is an in-depth analysis of Live Nation Entertainment’s strategy, competitive position and business execution practices based on concepts from the book Crafting and executing strategy by Arthur A. Thompson Jr., Dr. A.J. (Lonnie) Strickland, John E. Gamble and Margaret A. Peteraf. Data for this study were gathered from the organization’s internal documents including Live Nation’s 2013 Annual Report and the Investor Relations section of their website as well as third-party research, news clippings and industry analysis. The report also calls upon the author’s experience in the music promotion market as a booking agent and marketing specialist. The research revealed an organization executing a well-crafted strategy to vertically integrate the unique value chain elements of their main concert business. As a result, Live Nation has catapulted past their competition in the U.S. concert and event promotion market as well as the global online ticketing industry where they hold commanding market shares in each. Despite this success, there is still opportunity for the publically traded company to grow and improve. For example, management has stated that they will continue to expand globally and advance their mobile ticketing platform. In addition, the author offers recommendations in a number of key areas to help propel the business even further. These are found at the end of each section along with a full recommendation to conclude the paper. Strategic Analysis of Live Nation Entertainment 3 Table of Contents Executive Summary ............................................................................................................................. -
The Ticketmaster/Live Nation Merger: What Does It Mean for Consumers and the Future of the Concert Business?
S. HRG. 111–201 THE TICKETMASTER/LIVE NATION MERGER: WHAT DOES IT MEAN FOR CONSUMERS AND THE FUTURE OF THE CONCERT BUSINESS? HEARING BEFORE THE SUBCOMMITTEE ON ANTITRUST, COMPETITION POLICY AND CONSUMER RIGHTS OF THE COMMITTEE ON THE JUDICIARY UNITED STATES SENATE ONE HUNDRED ELEVENTH CONGRESS FIRST SESSION FEBRUARY 24, 2009 Serial No. J–111–6 Printed for the use of the Committee on the Judiciary ( U.S. GOVERNMENT PRINTING OFFICE 54–048 PDF WASHINGTON : 2010 For sale by the Superintendent of Documents, U.S. Government Printing Office Internet: bookstore.gpo.gov Phone: toll free (866) 512–1800; DC area (202) 512–1800 Fax: (202) 512–2104 Mail: Stop IDCC, Washington, DC 20402–0001 VerDate Nov 24 2008 11:12 Jan 04, 2010 Jkt 054048 PO 00000 Frm 00001 Fmt 5011 Sfmt 5011 S:\GPO\HEARINGS\54048.TXT SJUD1 PsN: CMORC COMMITTEE ON THE JUDICIARY PATRICK J. LEAHY, Vermont, Chairman HERB KOHL, Wisconsin ARLEN SPECTER, Pennsylvania DIANNE FEINSTEIN, California ORRIN G. HATCH, Utah RUSSELL D. FEINGOLD, Wisconsin CHARLES E. GRASSLEY, Iowa CHARLES E. SCHUMER, New York JON KYL, Arizona RICHARD J. DURBIN, Illinois JEFF SESSIONS, Alabama BENJAMIN L. CARDIN, Maryland LINDSEY O. GRAHAM, South Carolina SHELDON WHITEHOUSE, Rhode Island JOHN CORNYN, Texas RON WYDEN, Oregon TOM COBURN, Oklahoma AMY KLOBUCHAR, Minnesota EDWARD E. KAUFMAN, Delaware BRUCE A. COHEN, Chief Counsel and Staff Director NICHOLAS A. ROSSI, Republican Chief Counsel SUBCOMMITTEE ON ANTITRUST, COMPETITION POLICY AND CONSUMER RIGHTS HERB KOHL, Wisconsin, Chairman CHARLES E. SCHUMER, New York ORRIN G. HATCH, Utah SHELDON WHITEHOUSE, Rhode Island ARLEN SPECTER, Pennsylvania RON WYDEN, Oregon CHARLES E. -
Live Nation Electronic Asia Inks Deal with Budweiser for Creamfields Festivals
LIVE NATION ELECTRONIC ASIA INKS DEAL WITH BUDWEISER FOR CREAMFIELDS FESTIVALS HONG KONG, CHINA (September 13, 2018) – Live Nation Electronic Asia today announced a multi-year partnership making Budweiser the official brand and exclusive presenting sponsor of this year’s Creamfields signature events and Cream Tour in Mainland China, Hong Kong, and Taiwan. Since the first Super Club event in 1992, Creamfields has become one of the world’s biggest dance music festivals. Building on the success of the sold-out inaugural shows in Hong Kong and Taipei in December 2017, Creamfields announced plans to return to China in 2018. The 2018 global expansion plan includes a stacked schedule of events that will travel to even more cities in Asia, while creating a new chapter in the region’s dance music history. In recent years, Budweiser has amped up their support of electronic music, inspiring customers to “unleash your true self” through the genre. Budweiser has sponsored an extensive number of dance music festivals, earning themselves a vast number of dedicated followers in Asia. As one of the biggest names in the electronic festival world, Creamfields has undoubtedly solidified its presence in China and will help Budweiser grow their presence even more. Together, Creamfields and Budweiser will focus on building entirely new content for dedicated electronic music fans throughout Asia. The two brands are committed to sharing their passion for music and entertainment, and aim to bring thousands of visitors and festivals goers some of the best musical talent and live experiences available. Budweiser is creating immersive and interactive experiences to encourage attendees to authentically express themselves while at Creamfields. -
LIVE NATION ENTERTAINMENT, INC. (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ Form 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2017 , or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-32601 ____________________________________ LIVE NATION ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware 20-3247759 (State of Incorporation) (I.R.S. Employer Identification No.) 9348 Civic Center Drive Beverly Hills, CA 90210 (Address of principal executive offices, including zip code) (310) 867-7000 (Registrant’s telephone number, including area code) ____________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on which Registered Common Stock, $.01 Par Value per Share; Preferred Stock Purchase Rights New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None _____________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. x Yes ¨ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ¨ Yes x No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
The Merger and the Damage Done: How the Doj Enabled an Empire in the Live Music Industry * Josh Baker
THE MERGER AND THE DAMAGE DONE: HOW THE DOJ ENABLED AN EMPIRE IN THE LIVE MUSIC INDUSTRY * JOSH BAKER In 2010, the Antitrust Division of the Department of Justice approved the merger of Ticketmaster and Live Nation, who combined to form Live Nation Entertainment. This paper revisits the Department's antitrust analysis from its merger investigation in light of recent trends in the live music industry. It explores alternative theories of antitrust scrutiny that the Department either did not emphasize or omitted discussion of. Finally, it concludes that the merger posed a more significant threat to competition than the Department acknowledged, and that the remedies the Department imposed as conditions on the merger were insufficient to preserve effective competition in the relevant markets. The Department missed a tremendous opportunity to establish long- term competition in the nascent market for vertically integrated services. Artists, competing service providers, and ultimately consumers are worse off for it. INTRODUCTION ..........................................................................................................77 I. THE LIVE MUSIC INDUSTRY ............................................................................78 A. Yesterday: A Brief History of the Music Industry .................................... 78 B. A Day In The Life: Staging a Concert ...................................................... 79 C. Hello, Goodbye: Recent Industry Developments ..................................... 80 D. Come Together: Live Nation, -
Image, Money, Music: More Than Business, Less Than Autonomous Self
Image, Money, Music: More than Business, Less than Autonomous Self Thesis submitted in accordance with the requirements of the University of Liverpool for the degree of Doctor in Philosophy by Daniel Hartley January 2013 Contents Abstract.....................................................................................................................................1 Prologue.....................................................................................................................................4 1 Introduction...........................................................................................................................8 1.1 Becoming Commercial.............................................................................................8 1.2 Structure...................................................................................................................11 2 Literature: Opportunities and Opportunity Recognition.................................................22 2.1 Beginning in Entrepreneurship Studies...................................................................22 2.2 Exchanges & Process...............................................................................................25 2.3 The 'Domain': Opportunities & Their Recognition..................................................26 2.4 Social Construction of Entrepreneurship and Opportunity......................................31 2.41 Embeddedness & Social Networks........................................................................33 2.5 -
Acorn-Events-Brochure-2018.Pdf
Credit Anthony Mooney, Creamfields presents Steel Yard London Acorn Event Structures is one of the UK’s largest providers of indoor and outdoor scaffold-based event structures. Credit:aLIVEcoverage, Creamfields UK Harnessing almost 20 years’ experience with Europe’s largest stock of Layher Outdoor stage roofs for live Temporary scaffold Combining stock components Event System and Prolyte Staging music events plus ancillary infrastructure and overlay with custom elements to create Products, we consistently deliver structures. solutions. unique. installations. premium and innovative solutions to world-class events. 6 50m Super Structure 28 Ground Levelling Platforms 40 Pavilions, Expo & Exhibition 8 33m to 16m Space Roof 29 Staircases & Towers 41 Theatre, Media, TV & Film With strategically placed operational bases 10 30m Dome Roof 30 Access Ramps 42 Truss Structures throughout the UK and in-house design, 11 26m or 19m Arc Roof 31 Handrails & Balustrade 43 Experiential Projects engineering and logistical departments we 12 Custom Stages 32 Service & Signage Gantries 44 Art Installations deliver the complete package, from brief to 13 22m Dome Roof 33 Pedestrian Walkways &Bridges 45 Extreme Sports activation. 14 18m Dome Roof 34 Grandstands 46 Mass Participation Events 15 18m Midi Roof 35 Media, Film & TV Platforms 47 Brand Walls & Towers Get in touch to see how we can assist in 16 16m Dome Roof 36 Facades & Hoarding the activation of your event or bring your 17 14m Midi Roof 37 Hoists & Lifts concept to life. 18 12m Dome Roof 19 Unique Stock -
Artist That Have Contracts with Live Nation
Artist That Have Contracts With Live Nation Jens is pilous and detrude feverishly while neuter Nathan dapple and galvanizing. Cole compresses quarrelsomely if zoomorphic Elton reprehends or immunizes. Spencer depleting her snow-in-summer pronominally, war-worn and crossing. Live nation out of each had volatile market multiple projects and with live nation Company in the building located in that artist arena shows or sell primary ticketing company will contract and it acquired paciolan and draft asset. Concert promoters control access to reading major concert events. Yet variety is truly an important update if not music office is token recover however the struggles of recent years. Is clear channel may report to, christina aguilera and fractured atlas believe that artist have with live nation has accrued its impairment. Would you go see into your live arena knowing your spouse as an artist could break up financially ruining you? Sponsorship revenue potential to bonnaroo or our other existing or logistical advantages that may through a company declined comment on a full responsibility? We have that artists were impaired. Venues also serve as a major asset for Live Nation. Ticketmaster contracts with artists are? Ult library is free market generally increases or event organizer of contracts have with artist that live nation? Moreover, on other primary ticketing competitors do is against Ticketmaster for primary ticketing rights at venues, Ticketmaster has had under high renewal rates. Company had previously recorded valuation allowances, met the more likely than not criteria for recognition. The live with that have no assurance that artists and results of contracted artists are considered impaired, that are not only offer you can no. -
Creamfields 2016 Line-Up Announced Submitted By: Cream Ltd Wednesday, 24 February 2016
Creamfields 2016 Line-up announced Submitted by: Cream Ltd Wednesday, 24 February 2016 Following its 7th consecutive sell-out last year, the UK’s No.1 dance festival Creamfields returns this summer and with a 4th day added has officially become the world’s biggest electronic music festival! The multi award winning Creamfields is undoubtedly a rite of passage for any electronic music fan or artist, with over 70,000 fans flocking from around the world every August Bank Holiday to witness performances from some of the biggest names in dance music. With 28 stages across the weekend to explore and over 200 acts celebrating all that is good in electronic music the global powerhouse that is Creamfields have got it with acts including Calvin Harris, Tiestö, Avicii, Axwell & Ingrosso, Jack Ü, Dimitri Vegas & Like Mike, Hardwell, Above & Beyond, Martin Garrix, Fatboy Slim, Oliver Heldens, MK, DJ EZ, Annie Mac, Hannah Wants, Steve Aoki, Idris Elba, Eric Prydz, Mistajam, Armin van Buuren, Andy C, Roni Size, Jamie Jones, Tchami, Pete Tong and Kurupt FM and that’s just for starters! As well as featuring an array of exclusive performances 2016 introduces a host of new arenas including Smash The House, Hard Fest Presents, Andy C Presents Ram, Sexy By Nature, Cream Classics and the Terrace, they’ll be joining the likes of Paradise, Armada, MK Area10, Revealed, Pryda, Mistajam Presents Jam Packed, All Gone Pete Tong, Fatboy Slim Presents Smile High Club, Ants, Tidy and Goodgreef Xtra Hard to name a few. Bringing together over 200 acts and some exciting new line up additions still to be announced, Creamfields 2016 is prepped to be the biggest party of the summer! The countdown begins.. -
Jam Packed Part 1: Audience Travel Emissions from Festivals
REPORT Jam Packed Part 1: Audience Travel Emissions from Festivals May 2009 Jam Packed Part 1: Audience Travel Emissions from Festivals CONTENTS Foreword Melvin Benn . 2 FULL REPORT Foreword Dr Jillian Anable . 3 Section 1: Greenhouse Gas Emissions Executive Summary . 4 from Music Audience Travel . 10 About the Authors . 9 Section 2: Festival Audience Travel Research Study . 14 About Julie’s Bicycle . 9 Section 3: Research Findings . 19 Section 4: Conclusions . 42 Section 5: Recommendations . 43 References . 44 Appendices Appendix I: . 45 National and Local Authority Green Travel Initiatives Appendix II: . 49 Anecdotal Positive and Negative Feedback from Coach Travellers to Festivals Appendix III: . 51 Research Surveys i. Promoter ii. All Festival Goer Attitudinal iii. Coach Festival Goer Attitudinal – version 1 iv. Coach Festival Goer Attitudinal – version 2 Acknowledgements . 75 List of figures, tables and case studies . 76 Authors: Catherine Bottrill, Stavros Papageorgiou & Meegan Jones © Julie’s Bicycle 2009 1 Foreword Melvin Benn CEO Festival Republic Over the last decade the festival sector has grown enormously: in 2008 over a million festival goers gathered to share music and company. In the same decade the consequences of fossil fuel based economies have become horribly clear – nothing short of the widespread destruction of ecosystems, and dramatic climate events on an unimaginable scale. The latest science suggests that the current trajectory of greenhouse gas (GHG) emissions will trigger a temperature rise above 6 degrees – the worst case scenario suggested by the Intergovernmental Panel on Climate Change1. Many festivals have made real efforts to reduce environmental degradation. Recycling waste, Waste Vegetable Oil biodiesel, locally sourced food supplies, responsible water use, composting, and occasionally on-site renewable energy have been part of festival planning for some time now. -
LIVE NATION ENTERTAINMENT, INC. (Exact Name of Registrant As Specified in Its Charter)
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012, OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-32601 LIVE NATION ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware 20-3247759 (State of Incorporation) (I.R.S. Employer Identification No.) 9348 Civic Center Drive Beverly Hills, CA 90210 (Address of principal executive offices, including zip code) (310) 867-7000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on which Registered Common Stock, $.01 Par Value per Share; New York Stock Exchange Preferred Stock Purchase Rights Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. x Yes ¨ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ¨ Yes x No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and 2) has been subject to such filing requirements for the past 90 days. -
Live Nation Entertainment, Inc
LIVE NATION ENTERTAINMENT, INC. FORM 10-K (Annual Report) Filed 02/26/15 for the Period Ending 12/31/14 Address 9348 CIVIC CENTER DRIVE BEVERLY HILLS, CA 90210 Telephone 310-867-7200 CIK 0001335258 Symbol LYV SIC Code 7900 - Services-Amusement & Recreation Services Industry Recreational Activities Sector Services Fiscal Year 12/31 http://www.edgar-online.com © Copyright 2015, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2014 , or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-32601 ____________________________________ LIVE NATION ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware 20-3247759 (State of Incorporation) (I.R.S. Employer Identification No.) 9348 Civic Center Drive Beverly Hills, CA 90210 (Address of principal executive offices, including zip code) (310) 867-7000 (Registrant’s telephone number, including area code) ____________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on which Registered Common Stock, $.01 Par Value per Share; Preferred Stock Purchase Rights New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None _____________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.