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VIPNEWS PREMIUM > VOLUME 190 > MAY 2016
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VIPNEWS > MAY 2016
McGowan’s Musings
No tales of my intrepid adventures involving
international travel in this issue, this time the
world of the music industry came to me –
well, not just me personally, but to my home
city of Brighton - by the sea on the South
coast of England. They came in their hordes
on the Wednesday May 18, for the third
edition of the Music Cities Convention, then
on the following day for the three days of the
11th sold out edition of The Great Escape.
(See brief reports in this issue) Both these
events took place at the same time as the
Brighton Arts Festival and the Brighton Fringe
Festival. Busy or what!? What was your VIP-
News Editor to do under such pressures?
What he, I that is, did, was the sensible thing
and sat in the office, also known as the
outdoors area of the Waggon and Horses
pub, and welcomed all of those international
guests that inevitably passed by the hostelry.
The weather was distinctly varied, but I sat
through rain and shine, sharing local ales
with our visitors. The fact that dinner in my
local one evening involved the organisers
of Dutch and Canadian conference and
showcase events, a long established French
Festival, several Chinese festivals, Swiss Music
Export, gives you an idea of the global spread
of the delegates. A more than convivial time
was had by all - if you weren’t there I suggest
you should be next year!
Of course there were other things going on
in the world of music, and unfortunately
some of them were tragic. Eight people died
recently over two days at concerts. Five people
lost their lives at Manila based open-air dance
event Forever Summer. They had all collapsed
after experiencing difficulty breathing and
were rushed to hospital but died of heart
attacks. There is no positive explanation, but
there is some suspicion that spiked drinks
were responsible. Two people also died at a
rock concert hosted by motorcycle club The
Lords in Nenzing, Austria, when a 27-year-
old suspected neo-Nazi named as ‘Gregor
S.’, fired into the crowd, another 11 people
were injured. According to local police, the
gunman returned to his car and shot himself.
Also in a follow on from the killings in the
Bataclan in Paris last November, Eagles
Of Death Metal were dropped from the
Rock En Seine and Cabaret Vert festivals in
France in response to statements made by
frontman Jesse Hughes claiming that security
guards at the venue were involved with the
terrorists that carried out the attack. He had
apologized after making the claims in a Fox
News interview, but again claimed that the
attackers had somehow gained early access
to the venue, in a subsequent interview with
Taki’s Magazine.
So, let’s hope that awful incidents such as
these can be put behind us, and we can all
hope for and look forward to a festival season
free of tragic incidents, be they accidental or
deliberate.
Returning to a lighter note, I was surprised
to see that The Eurovision Song Contest,
an event often not taken seriously by many
of us including myself, although it is the
world’s longest running annual TV music
competition, was watched by 204 million
people across 42 markets – 5 million more
than in 2015. Just goes to show, what do I
know? Also, talking of millions, if you’ve got
a spare 20 of them, in pounds sterling, Noel
Gallagher says he’ll reform Oasis for you, for
one gig. Any takers?
And just before I go, I’d like to point out
that the festival due to take place at a secret
location in Kent, UK, on June 17-19, known
as the Wildfire Adventure Camp, including
the “Top Secret” Officers Mess Party and
the Cupid’s Singles Club amongst others,
will include ‘Naked Knitting’ in the planned
attractions – see you there?
For now though – Ladies and Gentlemen –
The News…
COLOPHON >
VIP-News is published by:VIP-Booking.comEnghaven 19Attrup 8444 BalleDenmark
Managing Director:Ronni [email protected]
General Manager:Peter [email protected]
Writer and editorial:Allan [email protected]
Writer:Manfred [email protected]
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VIPNEWS > MAY 2016
Two French music festivals have cancelled
Eagles of Death Metal`s concerts this
summer in reaction to comments by the
band`s frontman over the Paris attacks.
The Rock en Seine concert in Paris and the
Cabaret Vert festival in northern France
said in a statement Friday they are “in total
disagreement with Jesse Hughes` recent
allegations.”
Hughes told the Libertarian webzine Taki`s
Magazine last week that he saw some
“terrorists” in the Bataclan concert hall
before the Nov. 13 show and saw “Muslims
celebrating in the street during the attack.”
In March, Hughes made similar statements
about the attacks -- namely that he
believed some Bataclan security guards
knew the club would be targeted -- and
later apologized. “I haven`t been myself
since November 13,” he said at the time.
“I realize there`s no excuse for my words,
but for what it`s worth: I am sincerely sorry
for having hurt, disrespected or accused
anyone.”
The band`s performance on Nov. 13 turned
into a bloodbath when suicide bombers
stormed in as part of near-simultaneous
attacks in Paris.
The band had previously returned to France
to perform a show in Paris on Feb. 17.
The organisers of Glastonbury Festival have been fined £12,000
after admitting allowing human sewage to leak from a tank and
pollute a stream.
The leak happened at the Worthy Farm site in Somerset in June
2014, damaging water quality and killing fish.
At Bristol Magistrates` Court, District Judge Simon Cooper ordered
the festival to pay £19,000 in costs.
However, he found that organisers had “low culpability”, and
praised their response and systems.
“I am still slightly amused that it has been necessary to go to this
level of detail,” Judge Cooper said. “I am concerned that these
proceedings have set the Environment Agency somewhat against
Glastonbury Festival Ltd.
He added: “I am satisfied that there was proper planning for the
festival and no criticism is made of that. The Environment Agency
were in an advisory capacity and signed off the sanitary facilities
plan. There was a waste management plan, there was a rivers and
streams management plan.”
The court heard that 42 fish were killed after a “large quantity” of
sewage filtered into Whitelake River.
Sensors in the stream alerted the Environment Agency to increased
ammonia levels. The court was told that fish - including protected
brown trout - died as a result.
Festival founder Michael Eavis told an earlier hearing in Yeovil that
the sewage had been contained in a £100,000 slurry tank.
French Festivals Drop Eagles ofDeath Metal From VIP-Daily News
Glastonbury Festival fined £12,000 From VIP-Daily News
Eagles of Death Metal
Glastonbury Festival
4
VIPNEWS > MAY 2016
The third edition of the fast growing
Music Cities Convention brought together
high level speakers from Australia, US,
Canada, Indonesia, Holland, Denmark, UK,
France, Germany, Russia and Iceland. The
programme of discussions left no doubt
that City authorities are increasingly aware
of the importance of music as a driver for
the night time economies, and a positive
way of engaging communities. Warnings
were sounded that the closure of venues, as
has been happening all too often in London
for instance, can result in musical creativity
being pushed to the edge leaving a soulless
City.
Speakers presented a vision for the night
time economy emphasizing that properly
and responsibly run music shows should
not be continually considered as creating
noise and encouraging misbehavior, but
should be welcomed and protected as
‘the other 9-5’ . Studies of the economic,
social and cultural impact of nightlife on
a City, such as that completed by the San
Francisco Entertainment Commission were
recommended as a positive method of
impressing policy makers. Brighton is to
undertake a study over the next year or so.
This year, the Reeperbahn Festival
Conference is planned to be bigger than
ever. Around 250 events – including
sessions, networking events, meetings,
showcases, and awards shows – will be
part of the programme. From September
21-24 The organisers expect around 4,000
industry professionals from 40 countries to
attend – more than ever before.
The first confirmed speakers for the
conference’s sessions programme have also
been announced:
John Giddings is one of the biggest and
best-known music agents and promoters in
the world. Responsible for many of the most
high-profile tours of recent years, including
tours by The Rolling Stones, Madonna,
Genesis, Celine Dion, Iggy Pop, and David
Bowie, he is a key player in the world of global
stadium touring. John also revived the Isle of
Wight Festival, which, thanks to his efforts,
has grown in stature and calibre. Today the
festival is as much part of the British calendar
as Wimbledon and the Proms. Reeperbahn
Festival looks forward to an exciting and
entertaining tour through John’s career, and
to hearing about his relationships with some
of music history’s most inspiring pop artists,
his plans for the future, and his views on
today’s global live music business.
Simon Napier-Bell is a renowned music
manager (Wham!, Ultravox, T Rex, Asia,
Boney M) and author of bestselling books
about the music biz (“Black Vinyl White
Reeperbahn First Speakers ConfirmedAllan McGowan [email protected]
Third Music Cities Convention Emphasises the Importance of MusicAllan McGowan [email protected]
Panel at Music Cities
John Giddings will keynote at Reeperbahn Conference in September
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VIPNEWS > MAY 2016
Powder” and “Ta-Ra-Ra-Boom-De-Ay”,
a history of the business of popular music
from 1710 until today). He is producer of
Raiding the Rock Vault, currently the best-
rated music show in Las Vegas, and he is
one of the most dynamic music industry
experts of our time. His talk at Reeperbahn
Festival will be about the way technology
has always come before music. He says that
the music business is basically opportunistic
– it’s about finding music to fit the current
technology then popularising it to make it
sell, say
Chelsea Collier is immersed in Austin’s
startup scene more than just about
anyone; Austin (Texas) is considered to
be Silicon Valley part two. She has been
involved in the launch of more than a dozen
companies and advises and counsels a
multitude of startups through her consulting
firm, Intercambio, which develops
partnerships and expands influence in
economic development, tech policy, social-
civic impact, and entrepreneurship. She is
co-founder of Impact Hub Austin, a hub for
entrepreneurs that is connected to 11,000
international members focussed on making
a positive impact in the world. In her talk,
Chelsea will showcase the Austin ecosystem,
providing both a historical perspective and
recommendations for future action.
Benji Rogers is the most outspoken
Blockchain evangelist; in recent months this
one word has continuously popped up in
discussions about the future of the music
business: PledgeMusic founder and chief
strategy officer , is coming to Hamburg to
promote this technological revolution at the
Reeperbahn Festival Conference., and to set
out his idea for a fair trade of music data
based on smart technology.
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Simon Napier-Bell will be at Reeperbahn in September
6
VIPNEWS > MAY 2016
As referred to in the Musings, this year’s
edition of The Great Escape sold out,
attracting 16,500 festival goers to see 450
bands present 625 shows in 35 venues
throughout Brighton. The Conference
element drew 3,500 delegates representing
45 countries.
VIP-News asked organizer Kevin Moore
for his reaction to the success of the
event:
I’m truly delighted with this year’s edition
of The Great Escape. Moving into our 11th
year we knew that we had a hard task ahead
after last year’s 10th birthday celebrations
and so we challenged ourselves to deliver
the best and freshest TGE yet and I strongly
believe we did just that.
We delivered a fantastic Street Party for
the people of Brighton and created a real
festival atmosphere, we breathed new
life into our delegate hub, booked our
strongest and most diverse line up yet and
delivered strategic partnerships across the
board all in the name of new music and
discovery.
The Festival ended with a sell out show
at the Brighton Dome by Stormzy. As in
the last couple of years many shows were
over subscribed and fans had to get in line
pretty early to make sure of getting in to
see many of the sought after acts. I was
lucky to get on the guest list to see Songhoy
Blues, and I also recommend James Grant
from Switzerland. Amongst the acts that
received good reports were Skinny Girl
Diet, Exmagician, Anna Meredith, DBFC,
and two South Korean bands whose names
I’ve temporarily misplaced! All are worth
checking out, in general it was agreed that
the standard of acts was extremely high.
Biffy Clyro will perform at Reading and Leeds this year for the tenth
time. The 2016 headliners will also present an exclusive acoustic
performance at Headrow House, Leeds, on Wednesday 1 June..
All Reading & Leeds ticket holders will be able to enter a ballot
for the chance to win tickets to this exclusive performance. All
successful ballot entrants will receive a confirmation email, with
a link through to ticket collection, from 8:30am Friday 27 May.
A transaction fee of £3.50 will be payable for each ticket. All
proceeds will be matched by Leeds Festival and donated to local
charity, Martin House.
Biffy Clyro are one of five headliners alongside Red Hot Chili
Peppers, Foals, Disclosure and Fall Out Boy.
11th Great Escape Sells OutAllan McGowan [email protected]
Kevin Moore- General Manager atThe Great Escape
Reading & Leeds Festivals Present Biffy Clyro Acoustic ShowAllan McGowan [email protected]
Biffy Clyro
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An Agency, Not A Start Up...Manfred Tari [email protected]
For more than two decades the Berlin
based Dirq Niemann was part of Powerline
Agency, an agency that still has the
reputation of being a rock solid boutique
agency.
However, the Powerline co-founder and
previous stakeholder has moved on and at
the beginning of 2016 launched his own
company DQ-Agency.
VIP-News asked Niemann about his new
company and his new challenges.
VIP-News: What lead you to start your
own company after so many years with
Powerline Agency? What’s happened
since then and are you pleased with
the results you’ve achieved so far?
Dirq Niemann: Indeed, there were many
good reasons for me to make the decision
and finally leave Powerline Agency at the
End of 2015. to launch dq agency straight
after leaving, on January, 4th 2016.
After setting up the first team, we moved
into an office community with Staatsakt
Label, where I had already taken care of the
booking for a couple of artists, and whom
we will do even more co-productions with
from now on. This is helpful for both sides
as it makes the communication between
Label and Agency so much easier and way
more productive.
Being in the lucky position to have booked
tours from February on, I can say it was a
smooth start. I managed to find the right
people for my team, who are interested
and willing to put a lot of effort into the dq
agency ‘project’
VIP-News: Please tell us about your
company policy and development
strategy for DQ-Agency...
Dirq Niemann: As a small and new company
on the market, I have to count on my
credibility and reputation, resulting from
my experience and work at Powerline
Agency for the past 22 years. These are the
resources I can work from. So the main focus
is to build up a strong newcomer roster on
top of all the artists that followed me from
Powerline. As we all know, the subculture of
today will be the culture of tomorrow; and
I´m still curious about new bands and scenes
to explore.
VIP-News: In these days isn’t it a bigger
risk to start a complete new company
rather than joining an established
company? Various other players within
the German concert market have rather
decided to join or to move on to bigger
concert companies instead of launching
their own business.
Dirq Niemann: Of course, it is a bigger risk
to found a new company, than joining a
bigger player, but honestly, I come from the
90’ies DIY scene and have always been my
own boss. I prefer the freedom of making
my own decisions, not that I would say that
this couldn´t change within the next years.
Never say never!
VIP-News: What was the reaction of
artists that you had already worked
with when you were still part of
Powerline when it came to setting
up DQ-Agency? And how has your
business network responded to the
move?
Dirq Niemann: The reactions from all sides
have been absolutely positive, from the
artists, who all followed me, as well as
from my business network. I got even more
positive statements and respect for this step
than I had expected. I mean actually there
is no big change for all of them, they know
who I am and how I work.
VIP-News: Is there anything you miss
now since you have to oversee your
own company?
Dirq Niemann: What do I miss? Of course
the financial comfort zone, but nothing
much else. I mean I´m really kind of proud,
that I have been part of Powerline Agency
and what we developed from our ideas. I
think it was a really great booking agency,
but also, this is nothing, that isn´t doable
again. Even though there is less time for it.
We started Powerline in our twenties and
had all the time in the world to do what we
wanted as we liked it. Obviously I´m a little
bit older now and lead a different life, so
there is the need to get the company built
VIPNEWS > INDEPTH STORY > MAY 2016
8
up faster. But I like applying the necessary
combination of creativity with experience,
that is what makes it really exciting to do.
VIP-News: The market situation for
festivals and tours in Germany is
changing, basically led by market
consolidation and concentration. Do
you consider these developments as a
burden for smaller companies and what
are your expectations regarding the
impact these developments will have
on the concert market?
Dirq Niemann: The current tendencies of
consolidation and concentration started in
the 90’ies already. So this is a process that´s
been going on for a long time now. These
days companies with their own impact and
interests own the festivals, but this goes
only for the fully commercialized part of
the German market. On the other hand,
there are a lot of nice, less, or even non-,
commercial festivals established and I think
right now there is still enough room for
small agencies and acts to find their way
to the stages. And last but not least, it is
always about the act you talk about.
In general I think the bigger festivals
will become even more boring, because
there is less room for experiment and
new influences. They need a strong and
safe billing which fits their audience and
competes with the competition between
these major festivals, I´m sorry for them
being in that position.
But I´m a really optimistic character, or
possibly absolutely mad!
Thank you and good luck to all of us!Dirq Niemann
Go online - www.vip-booking.com
Need to know who is touring Europe? ®
vip-booking.com
VIPNEWS > INDEPTH STORY > MAY 2016
9
VIPNEWS > MAY 2016
Always good to see artists taking an active role by expressing their
opinions on how `their` business is run! Mumford & Sons and Little
Mix, very different acts but with shared opinions, are leading calls
to combat ticket touts. They are calling on live music fans“stand
up” to rip-off ticket touts and to petition parliament to take further
and decisive action on the activities of ticket resellers. Fans are
encouraged, using the hashtag ToutsOut, to sign a petition so that
tougher penalties for touts can be debated in Parliament.
The hope is that public support will engender 100,000 signatures
for a debate to be held about tougher sanctions for resale websites,
aimed at forcing ticket resellers to reveal their identities. So far,
more than 12,000 people have signed the petition.
Mumford & Sons issued the following message on their website
that links to the petition:
“If getting onstage is one of the best things about being a
musician, seeing your audience get ripped off is undoubtedly the
worst.“At M&S HQ we try hard to ensure that true fans have the
best opportunity of getting into shows, at the right price, but are
often powerless when faced with organised industrial-scale ticket
touting.
“At the moment, the law makes it easy for these shady operators
to hoover up tickets and profit at your expense – so we are joining
with others across the music and creative communities to support a
petition that demands politicians tighten up consumer legislation.
“If 100,000 of you sign it, then the government will be pressurised
to consider the issue for parliamentary debate.”
The petition is headlined Enforce the Consumer Rights Act to
protect music, arts and sport fans from touts.
It states: “On a commercial scale, touting deprives the Treasury of
VAT, and performance copyright holders of royalties that should be
paid on the mark-ups. It also denies artistes the ability to ensure
their events are priced so anyone can attend.”
A Department for Business, Innovation and Skills spokesman said:
“In the Consumer Rights Act, the government committed to an
independent review of online secondary ticketing.
“The review has been considering a wide range of stakeholders’
responses to consider how best to represent consumers’ interests.
We are expecting the review report in late May 2016.
Mumford & Sons, Little Mix Take on Ticket ToutsAllan McGowan [email protected]
Mumford & Sons
10
VIPNEWS > MAY 2016
UK consumer magazine Which? Has
published a research report stating that
some of the biggest secondary ticketing sites
are routinely listing tickets unlawfully. It says
GetMeIn!, Seatwave, StubHub and Viagogo
all offer music and theatre tickets for sale
without adhering to the rules laid out in the
previously reported Consumer Rights Act,
which introduced some light regulation of
the ticket resale sites last October.
The magazine sampled 200 listings for
a variety of shows, including Beyonce’s
‘Formation’ tour., finding that information
on the face value of tickets, seating
information, and restrictions were regularly
not being provided, despite such information
now being required by law when tickets are
resold.
StubHub responded, saying that “there are
instances where sellers may not have access
to this information at the time of listing, as
some primary vendors do not provide this at
the time of purchase”.
But, when Which? Posed as a seller, they
found that some sites are simply not
displaying information that has actually
been provided to them. Viagogo, for
example, makes it mandatory for sellers to
input the exact face value cost, but then
does not always display this figure.
It is possible that seating information may
sometimes be unavailable at the time of
purchase, but there could be a fear that if
this is made available then some promoters
and artists wouldl cancel those tickets.
None of the Viagogo listings that Which?
checked had a seat number, and other sites
also failed to provide them on all listings.
None of those checked demanded that
sellers provide seating details covering
tickets for specific seats.
Which? Director Of Policy And Campaigns
Alex Neill. Commented, “We’ve found
evidence of tickets being sold unlawfully.
This means people will struggle to find basic
information on tickets, such as face value
and seat location. It is clear the protections
put in place by the Consumer Rights Act
aren’t being followed by some of the biggest
players in the market, and no action is being
taken against them. The government must
crack down on bad practice so that people
know what they’re buying and don’t get
ripped off”.
Which? is calling on the government to
clarify that it is the secondary sites, rather
than individual sellers, who are responsible
for ensuring that the required information
is displayed, something that has been of
much debate since the Consumer Rights
Act became law. The research comes ahead
of the publication of the results of the
government’s latest review of the secondary
ticketing market, which is due but not
available as VIP-News went to press.
Consumer Magazine again Addresses Illegalities in Secondary TicketingAllan McGowan [email protected]
Alex Neill - Director OfPolicy And Campaigns Which?
AEG Live has appointed industry veteran
Jorge Melendez as its chief financial officer.
Melendez, joins AEG Live from rival Live
Nation, where he served as chief financial
officer of touring and the global artist rights
divisions for more than nine years. During his
tenure at the company, he was in charge of
managing the overall business unit`s profit
and loss, coordinating worldwide touring
activities and ensuring the operational
efficiency of the division.
Reporting to the company`s chairman and
CEO Jay Marciano, Melendez will oversee
the division`s financial operations including
financial governance, regional finance teams
and risk management across its touring,
festival and venue.
“We are very pleased to welcome Jorge to
AEG Live’s senior leadership team,” said
Marciano. “He joins us with more than 25
years of global experience in finance and
operational management and brings a
wealth of knowledge and expertise as we
continue to build our business around the
world.”
Before joining Live Nation, Melendez served
as EVP and chief financial officer for EMI’s
Latin America Business. He also spent 17
years at Sony Music International where he
held senior management positions, most
recently serving as EVP of Sony Discos, the
company’s US Latin Label.
“I am thrilled to join the talented team at
AEG Live, which has an incredible track
record of success,” added Melendez. “With
the continued demand for live music globally,
this is an exciting time to join this dynamic
company.”
Global Entertainment launched last year as a
combined management, publishing and label
operation out of Los Angeles and London,
now the company cut back on staff.
The company appointed ex-AEG boss Randy
Phillips as CEO, as it brought together Global’s
established publishing division – including
clients such as Ellie Goulding, Corinne Bailey
Rae, LMFAO, The Script, The Vamps and The
Vaccines – with label, artist management,
promotion, live concerts, events, touring,
branding, sponsorship and marketing teams.
A month later, it announced a string of
high profile appointments: ex-Universal
publishing exec Monti Olson and ex-Capitol
exec Bob Semanovich joined the Los Angeles
HQ alongside ex-Modest! manager Nicola
Carson. Meanwhile, former James Grant
management exec Ben Karter was drafted
into Global Entertainment in London as GM
of Recorded Music.
Alarm bells struck just six months later, when
Randy Phillips left the business. We were told
he would be appointed to a “specific project
to be announced in due course” – but it
never publicly materialized.
Now Global Entertainment on both sides of
the Atlantic has been cut back to skeletal
staff, incurring heavy job losses.
Following a redundancy process at the end
of last month just two or three individuals
are left at Global Entertainment in Los
Angeles to manage records, publishing and
management – with a small amount more
remaining in London.
The cutbacks follow a 15-month period in
which Global has struggled to break new
artists on a blockbuster level. It’s understood
to be pointing the finger at the rise in
streaming, making it hard to do battle in a
marketplace where large catalogue owners
are king.
CFO has moved from Live Nation to AEG LiveFrom VIP-Daily News
Lay-offs at Global EntertainmentFrom VIP-Daily News
Jorge Melendez
11
NAMES & JOBSVIPNEWS > MAY 2016
Eurosonic Noorderslag is the key exchange and
networking platform for European music, with a
proven track record for helping to break new acts on
the international live music scene. Selling out each
year, the event attracts more than 4,000 professional
music delegates, including representatives of over 400
international festivals. Each year, Eurosonic Noorderslag
presents showcases by more than 350 acts alongside
a conference programme covering the latest develop-
ments in the international music, media, production and
interactive industries.
Eurosonic Noorderslag has been responsible for
kick-starting the careers of European acts such as
Ásgeir, Aurora, Birth of Joy, Christine and the Queens,
De Staat, Dua Lipa, Hozier, James Blake, Milky Chance,
My Baby, Royal Blood, and Seinabo Sey.
Eurosonic Noorderslag 2017 will focus on music from Portugal.
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Students: ¤213,-
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11/12/13/14 JAN 2017GRONINGEN NL
AGENDA// WED JAN 11EUROPEAN BORDER BREAKERS AWARDSEUROPEAN FESTIVAL AWARDSEUROSONIC FESTIVAL
// THU JAN 12CONFERENCE PROGRAMME:• EUROSONIC NOORDERSLAG CONFERENCE• EUROPEAN PRODUCTION INNOVATION CONFERENCE (EPIC)• BUMA MUSIC MEETS TECH (BMMT)EUROSONIC FESTIVAL
// FRI JAN 13CONFERENCE PROGRAMME:• EUROSONIC NOORDERSLAG CONFERENCE• EUROPEAN PRODUCTION INNOVATION CONFERENCE (EPIC)• BUMA MUSIC MEETS TECH (BMMT)EUROSONIC FESTIVAL
// SAT JAN 14CONFERENCE PROGRAMME:• EUROSONIC NOORDERSLAG CONFERENCE• EUROPEAN PRODUCTION INNOVATION CONFERENCE (EPIC)NOORDERSLAG FESTIVAL
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1ST OF MAY UNTIL THE 1ST OF SEPTEMBER 2016 THROUGH EUROSONIC-NOORDERSLAG.NL.
NEW: THERE ARE ONLY A LIMITED NUMBER OF TICKETS AVAILABLE PER REGISTRATION TERM. ALL DEADLINES ARE SUBJECT TO CHANGE.
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MUSIC IN SHARES
MusicIn SharesManfred Tari [email protected]
CTS Eventim- Top Ratings By Analysts
On May 26, CTS Eventim announces its business results for Q1/2016.
Already various analysts have recommended buying the company’s
shares, although the share price targets vary significantly from each
other.
The Berenberg Bank, who earlier this year was the focus of
investigations following on from revelations by the Panama Paper,
predicts a price target of 46 Euro. A research report by Commerzbank
expects a price of 44 Euro, and the analysts of Bankhaus Lampe and
the investment bank Oddo Seydler both assume a price of 37 Euro.
The previous reported share price on April 25 was 29.99, on May 23
when this edition went to press the share price was at 31.54 Euro.
DEAG- Annual Meeting On June 23
DEAG are launching a new department for corporate events, serving
the increase in popular artists being available for gala events; the
roster of acts for these kinds of events featuries artists such as Till
Brönner, David Garrett, Chris de Burgh, Jamie Cullum, Bryan Ferry
and Zucchero.
However in the media DEAG faced one more critical article for its new
festivals and the financial losses resulting from those. At beginning
of May the German news-magazine Spiegel released a one-page
article about the development and difficulties the introduction of
the festivals caused for DEAG. The story itself did not include any
new news and mainly reads as a summary of the various legal battles
in which DEAG has recently been involved.
For investors the next relevant date will be the annual meeting to be
held on June 23 in Berlin. On the agenda amongst other items, are
questions about the issue of new shares with a value of 8 million Euro.
Anyhow, since the last issue of VIP-News the share went down from
3.80 to 3.70 Euro.
Live Nation- Revenue Up, Debts Up, Loss 2 Cent Down
The business report for Live Nation for Q1/2016 once again delivered
increased revenue results, but also increased debts and a slightly
lower loss compared to last year’s results for Q1/2015.
In the first three months of 2016 the revenue of Live Nation went up
10%, from $1.120 to $1.230 billion. The net loss results improved
from previously minus $66.5 to just $55.9 million and lead to net loss
per share of $0.29 instead of $0.31.
The results for total liabilities and equity moved up from $ 6.156 to
$6.927 billion, the total current liabilities summed up from $2.1 to
$2.9 billion.
The share price is also on the move up, from a previous $21.57 to
$23.07 at New York Stock Exchange. Within one year the share price
of Live Nation went down 18.68 percent.
VIPNEWS > BUSINESS > MAY 2016
Zucchero
THE CURETerritory: EuropePeriod: 2016Agency: Primary Talent InternationalAgent: Martin HopewellPhone: +44 20 7400 4500E-mail: [email protected]: www.thecure.com
50 CENT & G-UNITTerritory: Europe & aroundPeriod: Summer festivals & upon requestAgency: Georg Leitner Productions GmbHAgent: Georg LeitnerPhone: +431 914 86 15E-mail: [email protected]: www.glp.at
DIZZIE RASCAL Territory: EuropePeriod: 2016Agency: Primary Talent InternationalAgent: Peter ElliottPhone: +44 20 7400 4500E-mail: [email protected]: www.dizzeerascal.co.uk
MICHAEL BOLTON Territory: Europe & aroundPeriod: Before / after August 27th & upon requestAgency: Georg Leitner Productions GmbHAgent: Georg LeitnerPhone: +431 914 86 15E-mail: [email protected]: www.glp.at
LARA CONLEY Territory: UK based, WorldwidePeriod: 08/01/2016 - 01/11/2016Agency: Ragged MoonAgent: Niks PatelPhone: +44 (0) 1453 569770E-mail: [email protected]: www.laraconley.co.uk
PAUL HARTNOLL (ORBITAL) Territory: World excl. USAPeriod: Spring 2016 onwardsAgency: Value Added TalentAgent: Dan SilverPhone: +44 (0) 2077 049720E-mail: [email protected]: www.vathq.co.uk
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ARTIST AVAILS
50 Cent & G-Unit
MEMBER PRESENTATIONVIPNEWS > MISC > MAY 2016
About Our CompanyVIP-Booking’s core product is the largest database for the European Live Entertainment Industry www.vip-booking.com developed as a tool for industry professionals . Since it’s launch in the year 2000, we have consistently offered our subscribers the very best in database services and now boast subscribers in over 30 countries.
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GAIN is a record and management company owned by Magnus Lundbäck
GAIN is a record and management company owned by Magnus Lundbäck, Markus
Tagaris Petri H Lundén and Sony Music Entertainment. It consists of Gain Music
Entertainment, Gain Management and Rambo Music.
Gain Music Entertainment and Rambo Music are record labels specialized in rock
and metal. Gain Management is working with all musical genres.
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