250 Speakers Free Festival Register Today
Total Page：16
File Type：pdf, Size：1020Kb
Bulletin YOUR DAILY ENTERTAINMENT NEWS UPDATE MAY 6, 2021 Page 1 of 24 INSIDE Live Nation Concert Revenue Ticks • AEG Presents Up 34.2% as Live Events Return Forms Climate Positive Touring BY GLENN PEOPLES Group The return of concerts in the U.S. and abroad is sweet Zealand’s largest festival, has sold out as well. • Travis Scott’s Astroworld Passes music to Live Nation’s ears after the pandemic-caused Breaking down Live Nation’s earnings further: Sell Out in Under an live music shutdown dropped revenues by 95% or Financial metrics - year-over-year (Q1 2021 vs. Q1 Hour — All 100,000 more in the last three quarters of 2020. Live Nation’s 2020) of Them earnings for the first quarter of 2021 showed only the Revenue: $291.6 million, down 79% from $1.37 billion • Don Everly Wins precursors to the comeback, as concert revenue ticked Operating loss: $303.2 million, up 76% from $172.7 Fight Over ‘Cathy’s up 34.2% from the fourth quarter of 2020 compared to million Clown’ With the 76% decline compared to the first quarter of 2020 Net loss: $322.7 million, up 53% from $210.9 million Brother’s Family that was almost untouched by the pandemic. Financial metrics - sequential (Q1 2021 vs. Q4 2020) • Universal Music CEO Michael Rapino said in a statement that Live Revenue: $291.6 million, up 22.4% from $237.4 to Award ‘X Factor Nation is “confidently planning our reopening, partic- million Israel’ Winner With ularly for outdoor shows, and we expect many of our Operating loss: $303.2 million, down 48.4% from Global Record Deal other major markets will follow this summer.” The $587.6 million • Sydney Pollack’s percent of people with at least one vaccination stands Net loss: $322.7 million, down 53% from $463.8 Lawyer May Face at 40% in the U.S. and 50% in the U.K. “Although Eu- million Trial Over Aretha rope remains a few months behind on vaccinations,” Sales metrics - year over year (Q1 2021 vs. Q1 2020) Franklin’s ‘Amazing Grace’ he said, “they are progressing and recent disclosures Concerts: $239.4 million, down 76% from $993.4 about reopening to international visitors this summer million MARKET WATCH are encouraging.” Ticketing: $28.3 million, down 90% from $284.3 PAGE 21 Rapino also optimistically noted that Bonnaroo, Elec- million SONGWRITERS tric Daisy and Rolling Loud Festivals sold out “in record Advertising and sponsorships: $22.6 million, down & PRODUCERS time at full capacity.” In the U.K., where Live Nation 75% from $90.3 million CHARTS has 11 festivals planned for the summer, Reading, Leeds Financial metrics - sequential (Q1 2021 vs. Q4 2020) PAGES 22 - 24 and Parklife are also sold out. Rhythm and Vines, New (continued) 250 SPEAKERS FREE FESTIVAL REGISTER TODAY TIMBALAND MERCK MERCURIADIS NILE RODGERS CHRIS BLACKWELL BUFFY SAINTE-MARIE DEBRA RATHWELL Award-Winning Record GRAMMY®-Winning Founder, Singer, Songwriter CEO/Founder ® EVP, Global Touring & Producer, Rapper, DJ, Composer, Producer, Island Records Oscar -Winning Composer Singer, and Songwriter Hipgnosis Songs Ltd. Arranger and Guitarist Talent, AEG Presents 2021 PRIDE On June 5th, Billboard will publish its 3rd annual CONTACTS Pride issue honoring culturally moving and Joe Maimone influential people who have contributed to the 201.301.5933 | [email protected] community’s history and its current landscape. Lee Ann Photoglo Year-round Billboard and Rolling Stone celebrate 615.376.7931 | [email protected] the LGBTQIA+ community through the lens of music, amplifying the culture of the proud Cynthia Mellow LGBTQIA+ community across our editorial 615.352,0265 | [email protected] channels, including Billboard Pride. Marcia Olival 786.586.4901 | [email protected] Building on this platform, Billboard and Rolling Stone will be joining together for the entire month Ryan O’Donnell +447843437176 | [email protected] of June to celebrate love, acceptance, diversity and what it means to be queer in music. All month long, Billboard and Rolling Stone will be the go-to destination for music and entertainment Pride content. Leveraging our iconic voices within music and culture, Billboard and Rolling Stone will curate a mix of engaging video and social content featuring thought-provoking panels, heartfelt performances, and glam tutorials – all fostering a community of consumers and influencers in celebration of LGBTQIA+. ISSUE DATE 6/5 | AD CLOSE 5/26 | MATERIALS DUE 5/27 BB House_Pride_06_042421.indd 1 4/21/21 10:00 AM Page 3 of 24 IN BRIEF Concerts: $239.4 million, up 34.2% from of climate awareness, responsibility, and solutions. The CPT Green Touring Guide is $178.4 million collective action. being developed to lead through example Ticketing: $28.3 million, up 160% from “AEG Presents has the ability and and innovation, and to provide guidance $10.9 million structure to really make a global impact in and insights promoters can utilize in the Advertising and sponsorships: $22.6 mil- moving our entire business – which has had hopes of showing both venues and artists a lion, down 52% from $47.4 million a traditionally significant carbon footprint path forward to net zero or better carbon – toward a zero emissions future,” says Jay emissions. Marciano, chairman and chief executive The first installment of the Guide, named AEG Presents at AEG Presents and chief operating officer “The Starting Seven.” is a compendium of of the office of the chairman for AEG. “The seven actions promoters can take to start to Forms Climate company’s reach enables us to execute at make a positive environmental impact. every level of the live experience: from clubs In collaboration with AEG 1Earth, AEG’s Positive Touring and theatres to arenas, global tours, and fes- corporate sustainability program, Morrison tivals. I’m looking forward to seeing how the will co-lead CPT with Nicole Neal and Group Climate Positive Touring group begins to team members Jon Baden, Amy Buck, implement their plans as the business starts Caroline Burruss, Kelly DiStefano, Kate BY DAVE BROOKS to reopen this year.” Lewis, Mike Luba, Ben Martin, Alexandra Co-leading Climate Positive Touring is McArthur, Kate McMahon, David Rap- EG Presents is forming Climate AEG Presents’ Amy Morrison, who adds, paport and Connie Shao. Positive Touring, a team of music “With light at the end of the tunnel, we feel industry professionals dedicated it’s the right time to announce CPT and our to moving the live business to- short- and long-term strategies. We’ve been wardsA a greener future. working on this since the earliest days of the CPT is comprised of staffers who work shutdown. Now that live music is coming across various AEG Presents divisions, in- back, we can put our goals into action. As cluding Concerts West, Global Touring, In- promoters, we will literally put our message ternational Touring, Marshall Arts, Messina on the road, modeling achievable sustain- Touring Group, and Global Partnerships. ability, with the power of music in our sails.” The group is focused on reducing tour CPT has created and deployed two major related carbon emissions to net zero or initiatives — a Venue Environmental Survey better, supporting locally led environmental and the Green Touring Guide. The survey operations and encouraging artists, fans, will gather reliable data that will allow crews, and employees to actively partici- venues, artists and CPT to work together pate in dialogue about the many benefits to identify sustainability priorities and TOTAL IMMERSION ESSENTIAL ANALYSIS of the latest business topics and trends formulated to give industry players the competitive advantage in a rapidly changing market. EXCLUSIVE QUARTERLY REPORTS that deliver in-depth, holistic reporting; case studies; and custom data designed to serve the industry. A DEEP DIVE LIBRARY stocked with intelligence on fan data, SUBSCRIBE TO BILLBOARD PRO FOR song catalog sales, TV synchs, Africa’s burgeoning music ACCESS TO NEW REPORTS business and the gaming industry’s embrace of artists. AND THE ARCHIVE 2 0 2 1 INDIE L A B E L P O W E R P L AY E R S On June 5th, Billboard will publish CONTACTS its fourth annual Indie Label Power Joe Maimone Players List. This special feature in 201.301.5933 | [email protected] advance of Indie Week (6/14-6/17) and Lee Ann Photoglo the 10th Anniversary Libera Awards will 615.376.7931 | [email protected] profile leading executives at top independent record labels, publishing Cynthia Mellow companies and distribution companies. 615.352,0265 | [email protected] Positioning themselves as the driving force Marcia Olival behind the success of independent music, 786.586.4901 | [email protected] these executives contribute to the independent music sector and to the Ryan O’Donnell +447843437176 | [email protected] world of music at large. Take this opportunity to advertise and congratulate this year’s 2020 Indie Label Power Players. ISSUE DATE 6/5 | AD CLOSE 5/26 | MATERIALS DUE 5/27 Page 5 of 24 IN BRIEF back the beloved spirit and nostalgia of Everly Brothers classic “Cathy’s Clown.” Travis Scott’s AstroWorld, the city’s legendary and now- U.S. District Judge Aleta A. Trauger for defunct amusement park. the Middle District of Tennessee ruled on Astroworld Passes A portion of proceeds from the event will May 5 that Don “expressly repudiated” his be donated to the festival’s official charity brother Phil’s authorship of the song prior Sell Out in Under partner, Cactus Jack Foundation. Founded to June 1980, three years before the defen- by Scott, the nonprofit organization looks dants filed their Counterclaim. As a result of an Hour — All to empower and enrich the lives of youth by which, the Counterclaim is time-barred, and providing access to education and creative the defendants are legally estopped from 100,000 of Them resources to ensure long-term success.