vip-news premium - may 2015
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VIPNEWS PREMIUM > VOLUME 179 > MAY 2015
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VIPNEWS > MAY 2015
McGowan’s Musings
It was – to say the least – an active weekend
in Brighton! The Brighton Arts Festival is in
full swing, as is the Fringe Festival, and just
to add to the celebration, the congestion
and the clamour, The Great Escape hit town
with a few hundred acts, playing 35 venues,
plus 20,000 or so Festival goers, and a large
swathe of the international business people
that I normally run into at the international
events that we VIP people tend to frequent.
According to the organisers over 3500
delegates attended this tenth edition. Now,
I am going to mention the weather, and yes,
it is relevant! The very first edition was, as I
think I’ve said before, beset by some of the
worst south coast spring seaside conditions
that the weather gods could throw at a new
event, high winds, torrential rain and wintry
temperatures! Since then things haven’t
been so bad, with some particularly fine
conditions for some editions, this one was
a mixture with a couple of chilly, windy and
wet days and nights, but with summery
conditions on the Saturday. However the
cold and wet evenings made conditions in
the long and often very slow moving queues
for the much sought after gigs particularly
unpleasant, like SXSW and other largescale
events The Great Escape is having to deal
with the complaints of punters not being
able to access the shows they really want
to see because there are too many of them
trying to get into venues that reach capacity
in very quick time.
This of course results in frustration, and
often altercations with harassed door
staff – some of which it has to be said,
are not experienced in handling these
situations. It wasn’t just the festival goers
who were denied access, the possession
of a delegate wrist band certainly didn’t
guarantee getting in, and in some cases
artist managers, media representatives and
showcase presenters found themselves out
in the cold. But, what can you do? Getting
there early is of course advisable, but if
you’re trying to cover a few shows, you have
to be on the move. It’s a matter of becoming
overly successful and I, and probably the
organisers don’t see any obvious solutions,
apart from putting on a less attractive bill,
but that’s not something that anybody
would want to see – or in this case – not
see! Great Escape presented an extremely
high standard of acts, ranging from the
secret Paul Weller show at the Old Market
venue, to the Maccabees, The Vaccines and
many others – my own favourite being the
Malian band Songhoy Blues (thanks for the
help in getting in Adam!), Delta Rae from
Carolina and the Dutch act Birth of Joy – but
of course I couldn’t get round, and certainly
couldn’t get in – to see 450 bands!
In this business ten years is quite a long
time for an event to endure and to develop,
but this pales into insignificance when
compared to the duration of the UK’s
Performing Rights Society PRS, yesterday I
attended the Society’s one hundred and first
Annual General Meeting. There were, and I
include myself in this, quite a few somewhat
elderly writers and publishers in attendance,
but nobody, I’m pretty sure, that had
attended all of the meetings! In fact the
history of music writers and publishers goes
back even further than 101 years, as CEO
Robert Ashcroft pointed out in his speech,
in 1905 the Music Publishers’ Association
announced that they would accept no more
music for publication until the law afforded
adequate protection against pirates, who
sold cheap lithographed reproductions
(of sheet music) without permission or
payment. By 2014 the battle against piracy
had largely moved onto the Internet and
now there’s streaming to be dealt with….
Some things seem to always be with us!
Anyway, as ever, Ladies and Gentlemen –
The News!
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VIPNEWS > MAY 2015
The tenth Great Escape came to a close on Saturday May 16 with a hail of confetti concluding
a special midnight show from The Maccabees – who had also appeared at the very first edition.
Emerging artists like Shamir, Sunset Sons, Jack Garrett and Lion Babe all performed alongside
more established acts like The Vaccines, The Cribs and Alabama Shakes. Over the past decade,
Adele, Mumford and Sons, Bastille and Ed Sheeran have all performed before breaking big.
Asked about the way that the bill is put together organiser Kat Morris explained. “It’s pretty
complicated, it takes about a year to get the festival together. There are lots of different
things that we can do, but actually anyone can put themselves forward, there is an open
submission process on the website. The team also travels to different countries all year round
to see new music and out and about in London all the time and there are ideas coming
in from different partnerships of the festival.” She added that the planning for The Great
Escape 2016 has already begun.
Festival Republic has announced the launch of a new ‘Community’
festival in London from November 3 – 6. The intention of the event is
to bring together the music community with the living, working and
visiting communities of musicians and music lovers of Shoreditch, the
increasingly fashionable area of East London.
Confirming the new event,
Festival Republic MD Melvin
Benn told reporters: “This
is an urban, multi-venue
emerging talent event
inspired by our love of
the fact that live music
just never stops getting
better. But we want to
present it in the Community;
in the butchers and bakers and the
basement offices and loft bedrooms as well as some of the more
established venues of Shoreditch. It will represent the energy of our
musical culture and the innovation of one of the most innovative and
vibrant areas in the UK”.
Festival Republic’s Jon Mcildowie, who is set to curate Community,
added: “As promoters but above all music fans we are constantly
looking out for new and emerging talent. Community is an
opportunity for us to share the music that we are all excited about
and to introduce new artists to the public before anyone else. I’m
delighted to be working with the Live Nation team to help bring the
programme together”.
Kat Morris, The Great Escape
The Great Escape Presents its Biggest Line Up for the Tenth AnniversaryAllan McGowan [email protected]
Festival Republic to Launch Community festival in NovemberAllan McGowan [email protected]
Melvin Benn
VIPNEWS > INDEPTH STORY > MAY 2015
It has often occurred to me over the last few
years as Conference and Showcase Festival
events get bigger and bigger that City
Exchanges, ie a two or three day and night
presentation of the music and other arts
in each others cultural centres and venues
could be a good idea. Instead of being up
against over 2000 or more bands at SXSW in
Austin for instance, a few acts from London,
or Glasgow, or Brighton could be up there
with the the main attractions in Hamburg,
Amsterdam or New York etc and vice versa.
With this in mind I was very happy to be
invited on the day before this year’s Great
Escape, and again, right on my doorstep in
Brighton, to the first edition of the Music
Cities Convention.
According to co-founders Martin Elbourne
and Shain Shapiro although it was only on sale
for two months, 50 cities from 20 countries
signed up to be part of the event. The main
thrust of the convention was to consider
the impact a thriving local music industry
can have on a city, in terms of employment,
boosting the economic and social welfare
of an area, adding to tourist attraction and
keeping talented people within the region.
As you can imagine I found this concept very
interesting, and I was not disappointed by the
presentations and the discussions. I’m not
saying that I’m jaded by the content of the
many industry events that I attend and take
part in, but it was interesting to hear new
people talk on topics very closely related, but
looked at from a different perspective, to the
themes addressed at the main events in our
international music industry calendar.
Throughout the day speakers representing
Adelaide and Melbourne, Cape Town,
Berlin, Quebec, Barcelona, Liverpool, Addis
Ababa, Groningen and Montreal, delivered
detailed and positive presentations on how
they were encouraging and capitalizing on
the development of music industries, artists,
production facilities and venues, often in
cooperation with their national and local
authorities.
Topics presented and later discussed included
Live Music Action Plans, the establishment
The First Music Cities ConventionAllan McGowan [email protected]
Martin Elbourne
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VIPNEWS > INDEPTH STORY > MAY 2015
of Creative Centres and Industry Clusters,
Networking, Innovation, Entrepreneurship
and Collaboration. One good example of
collaboration included discussions between
Mark Davyd of the Music Venues Trust
(see last two issues of VIP News) and the
representatives of the South Australian Music
Development Office about the possible
implementation in the UK of the Agent of
Change law which had been used to good
effect in Adelaide to protect the status of
live music venues threatened by new urban
development.
Music Canada are officially launching their
own report on the impact music can have
on a regional city at Midem this year, and
they gave some highlights of that work at
Music Cities.
The Deputy Mayor of Groningen - the
Netherlands home of Noorderslag Eurosonic
- advised letting the politicians see the
industry developers output. He convinced
all his local politicians to visit the Eurosonic
festival, to see first hand how important it is
to the town, and they’ve never questioned
helping the event since.
Music Cities co-founder Martin Elbourne said,
“Money is always an issue - but there are
other factors too. Small venues closing down
is a problem being faced all over the world.
So my message to the UK government would
be to look at what’s being done in cities
around the world, and then look at the music
communities in our own cities and towns.”
Co-founder Shain Shapiro of Sound
Diplomacy concluded the day’s event by
thanking the sponsors, Music Canada,
Quebec Government in London, City of
Montreal, and stating that in the coming
weeks and months, they would progress the
development of the Develop the Music Cities
Network.
The next edition is a collaboration with the
Future of Music Coalition Policy Summit, held
in Washington, DC on Oct 25/26. We will
provide more information for this very soon.
Shain Shapiro
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VIPNEWS > MAY 2015
Backlash for Ticketmasterin GermanyManfred Tari [email protected]
There are live music industry players that enjoy secondary ticketing
very much, but there are also still industry protagonists out there
who have concerns about this kind of business model, already
legislated against in France and Denmark, being still prepared to
argue that, amongst other things, it contains elements that display
the characteristics of the black or grey markets.
However Live Nation subsidy Ticketmaster’s purchase of the resale-
platform Seatwave again confirmed just how the resale of tickets
has been successfully embedded within the value chain of corporate
companies.
For those promoters inclined to take a clear stand against so
called secondary ticketing found it even more challenging to keep
up their efforts against this extremely profitable business model.
The German concert agency MCT is one of these and following
the integration of Seatwave as an additional sales channel of
Ticketmaster cancelled his deal with the company. MCT has
maintained a strict policy against secondary ticketing for some
years. In 2012 the Company started selling personalized tickets
for certain shows via their associated ticketing shop Tickets.de in
order to identify tickets that had been sold through black market
channels on the internet.
Scumeck Sabottka
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VIPNEWS > MAY 2015
MCT MD Scumeck Sabottka explains his reasons why he cancelled his
ticket distribution deal with Ticketmaster Germany.
VIP News: Unlike in France where the promoter association
Prodiss successfully lobbied for a strict law against the
unauthorised resale of tickets there still is no similar law in
Germany. Any idea why this should still be the case?
Scumeck Sabottka: I do not believe that politicians are as familiar
with the subject of secondary ticketing as we are within the industry.
I almost assume that even one or the other promoter within the
industry itself is not aware of how secondary ticketing is working. In
particular I mean the, from my point of view, immoral and illegitimate
resale of tickets above the face value.
VIP News: Do you receive support and backing for your efforts
in terms of your restrictive policy against secondary ticketing
from other players within the live music industry?
Scumeck Sabottka: No, I only I receive support for this from those
artists and their managers we are working with. Beyond those people
the interest is actually rather limited. The majority of people within the
live music business apparently consider our efforts to ban secondary
ticketing as something that makes things more complicated. But in
fact this isn’t the case. Nevertheless I have to add, that due to the
increased utilisation of this kind of ticketing on various levels, ranging
from Kraftwerk to the Red Hot Chili Peppers, from Nick Cave to
Rammstein we receive support from the fans of those artists for our
strict policies against secondary ticketing, they appreciate what we
are doing.
VIP News: Are you suffering economic disadvantages due to
cancelling your distribution deal with Ticketmaster?
Sabottka: No, not at all. Ticketmaster has been a complementary
service for us. I as a promoter would like to decide for myself who is
going to sell the tickets for the shows I promote. Ticketmaster was for
the one year long lasting collaboration an interesting partner for us,
but at the end of day it didn’t create more or less ticket sales.
VIP News: Companies such as Google are, so to say, partners
in crime due to the massive online marketing efforts by those
various ticketing resale platforms. On the other hand there
are for many other products or services search engine sites
displaying price listings and rankings for the best available
prices. Are ticket buyers looking for the best ticket prices
available on the internet?
Sabottka: No, unfortunately ticket buyers do not buy there where
tickets are offered for the best price. I wish this would be the case,
but it isn’t. How else could it be explained that tickets are sold on
these secondary ticketing websites, such as Seatwave. We see this
with how many people we have to refuse access on the door, as they
bought tickets on those sites, where those tickets have been re-sold
two or even three times. For instance, at our Kraftwerk concerts at
the Nationalgalerie in Berlin the face value for a ticket was 72 Euro.
But on those ticketing platforms tickets for these concerts has been
sold for 198 Euro.
VIP News: How is your experience regarding the ticket market
in France, where the unauthorized resale of tickets is forbidden
by law and judged with a penalty fee in the first case of 15.000
Euro and in case of recurrence even with 30.000 Euro?
Sabottka: Last year we did eight shows of Kraftwerk at the Louis
Vuitton Museum in Paris and sold personalized tickets therefore. The
shows were promoted by our long term partner Corrida and thanks
to the existing law against unauthorized re-sale of tickets in France
everything went ahead very differently. I would be pleased if this
would be the same over here in Germany or if this law would become
a law on a European level.
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VIPNEWS > MAY 2015
Dramatic Eurorock 2015From www.side-line.com
It was (not so) surprising that the mainstream
media, which never wanted to report on the
Eurorock Festival before, let alone announce
it, suddenly found the time to act as real
vultures and shred the festival completely
to pieces (including spreading completely
bollocks news) after it faced problems on
Saturday morning. I was on the terrain for
the complete 3 days (14 – 15 – 16 May)
acting as a hired spokesman for Eurorock
and it turned out to be one hell of a job with
a lot of drama.
I was informed early Saturday morning (May
16) that money had been stolen. The money,
which should have been used to pay the
bands, had just arrived and had immediately
been put in a sealed of metal hub. There
were maximum 20 minutes between putting
the money there and it being stolen. When
speaking to Rudi Donckers, the organiser of
the festival, I noticed he became paler and
paler as time progressed after the discovery
of the 45.000 Euro (I was first told 75.000
euro, then 45.000 euro - some medias
reported 80.000) being stolen. Shortly after
he was rushed to hospital and he underwent
successful surgery to his heart 2 days after
the festival ended.
Only a few minutes after the theft I got a
phone call from a newspaper and from
then on the news started circulating pretty
fast and my phone was ringing like mad. I
did a couple of very short interviews with
some newspapers and told them that we
were looking for a solution. Never trust
the press of course, because soon some
newspaper started spreading that Killing
Joke, a headliner, had canceled. Complete
nonsense, but this had an immediate impact
on the ticket sales as I saw people leaving
that were there to buy a ticket.
With Rudi rushed off to hospital, the
organisation was beheaded. In order to
avoid a complete chaos, it was decided
together with the police to go for a fade-out
scenario where volunteers and contracted
people at the festival such as me and several
other people working backstage would step
in as new organisers together with the stage
managers. The idea was to see how many
bands would still be playing live and which
wouldn’t and try and make the festival
running for a limited time. My first work
there now was to inform the public that we
had practical issues that would force us to
halt the festival for an hour, time we needed
to get a new line-up sorted out.
However, after having talked to several
bands (I have never seen such a fast
negotiation round happening), it became
clear that many were willing to play after
all, because they either had been fully paid,
or had already received a partial payment,
or because they just wanted to play for free
(such as Legend). On top Der Klinke, and
many other bands that hadn’t been booked
for the festival even offered to play for free
while Lovelorn Dolls – who hadn’t been
paid either – offered to play again in case
that would be needed. The only thing left
to do was to get the bands lined up so they
would make it back on time to catch their
planes etc.. It took some hard persuasion
to get some bands to agree, but in the end
we succeeded in getting a line-up ready
that would last until 2:00 AM at least.
In between this negotiating I announced
the bands that would play for sure at the
festival.
Anathema and Killing Joke (editor’s note:
thanks to Live Nation which intervened
Belgian Guestwriter Bernard Van Isacker shared his first
hand experiences with us on this year’s Eurorock Festival
where thousands of Euros were stolen which led to some
truely chaotic days.
Bernard Van Isacker was contracted as a spokesman of the Festival.He too still needs to be paid by the organiser: “Despite all the problems, I consider it professional behaviour to do what I was hired for: talking to the press”
Here’s a quick look on how we were shifting lineup all the time at Eurorock.
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VIPNEWS > MAY 2015
too to make sure they’d play) immediately
suggested they would prolong their set
and bring either more songs (Anathema)
or extended versions (Killing Joke) without
nagging too much about the rest of the
money. Peter Hook from his side offered
his backline to be used so that Anathema
and Therion could play. All together 40 of
the 43 live bands played in the end, not bad
I’d say :)
At the moment of posting this (May 18) I
have over 100 voice messages on my phone
from the press, a few more interviews lined
up and so on. Drama sells, unfortunately.
From my perspective, that of being a
contracted spokesman, this was a unique
experience.
Cheers, Bernard Van Isacker
(This is how I lived the whole thing, it is
no representation of the organisational
structure and / or errors that might or might
not have happened. Further investigations
by the police will have to unravel what really
happened there.)
Spain fell silent on Wednesday, May 20, as
hundreds of artists, promoters, managers
and others in the Spanish music industry
protested against a 21 percent tax on concert
tickets.
Top chart singers, including Alejandro Sanz,
Joan Manuel Serrat and Miguel Bose, and
bands called a ‘day without music’ and
were photographed on the website Día Sin
Música (‘day without music’) with tape over
their mouths. in protest over the VAT hike of
September 2012 which they say has killed off
the arts and entertainment industry in the
country.
According to the Association of Music
Promoters, the tax is responsible for the loss of
more than 40,000 jobs in the entertainment
sector and a 30 percent drop in concert
attendance since it was imposed “Since
the tax was raised…on live music (from 8
percent to 21 percent) we are experiencing
a destructive spiral as far as the possibilities
we have [to remain solvent], whether the
groups are national or international,” says a
petition published on Change.org and aimed
at Spanish President Mariano Rajoy, as well as
the country’s finance and cultural ministers.
The petition has already attracted around a
quarter of a million signatures.
“There are international artists who don’t
include Spain on their tours or only go to one
city,” Neo Sala of Doctor Music, a promoter
who has brought The Rolling Stones, Bruce
Springsteen and other heavy hitters to Spain
told the newspaper El Pais. “It’s not worth it
for them to come.”
According to Billboard, the entertainment
tax in other European countries is: France:
5.5 percent, Portuga: 13 percent, Italy and
Finland: 10 percent, Germany: 7 percent,
Belgium and Holland: 6 percent, and
Switzerland 2.5 percent. In Norway there is
no live music tax.
Spanish Music IndustryProtests Against TaxFrom VIP-Daily News
To read the full version, go to: www.side-line.com/eurorock-2015-the-
industrial-woodstock-a-behind-the-scenes-report
Photo www.undiasinmusica.org
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VIPNEWS > MAY 2015
Live Nation global touring chief Arthur Fogel
has declared ticket sales for U2’s first arena
tour in 10 years “a home run”.
In an interview with Billboard, he said: “We
made the decision to come out a totally
different way this time - in arenas, not
stadiums, so they could play more shows in
one city,” he said. “And the results - 99%
of tickets have been sold - are absolutely
fantastic.”
According to Musicweek Fogel discussed
the challenges of producing tours by
Madonna and U2 in the same year.
He is promoting Madonna’s Rebel Heart
and U2’s iNNOCENCE + eXPERIENCE arena
dates later this year, but pointed out it is
not the first time they had crossed on the
touring circuit.
“They`ve overlapped before. It makes for
an interesting year. I suppose some would
look at it as problematic, just in terms of
time and attention, but part of the art form
is managing multiple projects at the same
time.”
Fogel praised Live Nation’s impact, 10 years
on from its spin-off from Clear Channel, and
the work of the company’s president and
CEO Michael Rapino.
“I see a true global company footprint - an
industry leader with a great culture,” he
said. “This all comes from the leadership
and vision of Michael Rapino.”
U2’s First Arena Tour In 10 Years “A Home Run”From VIP-Daily News
Arthur Fogel
U2
Jordan Zachary has been named Chief
Strategy Officer of Live Nation Entertain-
ment, reporting to President and CEO Mi-
chael Rapino.
Jordan Zachary joins Live Nation from
Raine Group, a global merchant bank fo-
cused on technology, media and telecom-
munications, Zachary collaborated with
Live Nation`s team on its festival strategy,
and was a key part of recent Live Nation
deals, including the C3 Presents acquisition
and the programming partnership with
VICE, where he also holds board affilia-
tions. Raine had also invested and become
a partner with C3 prior to Live Nation’s
acquisition of a controlling interest in C3
late last year, a deal reportedly worth $125
million.
“As we continue to drive our global market
share, bringing on Jordan, who has deep
expertise in the live music and media indus-
tries, will help us accelerate the growth of
our concerts flywheel and find additional
ways to build our high margin on-site, ad-
vertising and ticketing businesses,” said
Rapino in a statement.
BMG has appointed Frank Ströbele as Vice
President, Continental European Reper-
toire, reporting to Executive Vice Presi-
dent, Continental Euorpean Repertoire
Fred Casimir at the company’s Berlin head
office.
In the newly-created role Ströbele will be
involved in key artist and catalogue cam-
paigns, as well as the strategic develop-
ment of new business models. In addition
Ströbele will support Casimir in overseeing
the Continental European offices of BMG.
Ströbele joins BMG after running his man-
agement company eye sound for over a
decade with clients such as Within Temp-
tation. Prior to that Ströbele held senior
positions at Sony Music Europe in London,
Universal Music Germany as well as head-
ing Sanctuary’s Continental European op-
eration based in Berlin
London venue Roundhouse has announced
the appointment of Jane Beese as its new
head of music. Beese joins after 15 years at
the Southbank Centre, where she is head of
contemporary music. She has been the Melt-
down festival’s lead programmer since 2010,
working with curators including David Bowie,
Patti Smith and Yoko Ono.
She will take on her new role in September
following the conclusion of this year’s Melt-
down, to be curated by David Byrne, from
August 17-30.
“I’m delighted to accept the role of head of
music at such a historic, iconic and important
arts space,” she said. “I’m especially looking
forward to working with the amazing team
at the Roundhouse and to engaging with the
young creatives programme.”
Prior to the Southbank Centre, Beese worked
at booking agencies including 13 Artists, In-
ternational Talent Booking and Asgard.
Nicola Thorold, executive producer of the
Roundhouse, added: “We’re thrilled to have
Jane join us at the Roundhouse. The expe-
rience she brings from the Southbank Cen-
tre is second to none. We look forward to
welcoming Jane at such an exciting time in
Roundhouse’s history.”
Live Nation name Chief Strategy Officer From VIP-Daily News
Frank Ströbele joins BMG in Germany From VIP-Daily News
Jordan Zachary
Frank Ströbele
Jane Beese
Jane Beese:New Headof Music Allan McGowan [email protected]
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NAMES & JOBSVIPNEWS > MAY 2015
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VIPNEWS > BUSINESS > MAY 2015 MUSIC IN SHARES
DEAG - Risk-Factor FestivalsUntil now DEAG has not officially released a win warning, however
in the meantime the company has published several warnings in
recent publications that can easily be interpreted as hidden win
warnings. The reasoning for this is the launch of their three new
festivals entitled “Rock Im Revier”, “Rockavaria” in Munich and
“Rock In Vienna” in Austria .
One of these warnings can be found in the annual report for 2014,
published on April 30. There it says: “If the actual sales revenues and
the associated actual inflows from ticket sales for the festivals were
significantly deviating from the forecasts, a shortage of liquidity
might occur and DEAG might have to rely on the use of additional
financing sources (third party or own funds). If this did not succeed
to a sufficient extent, the continued existence of the company and
the group would be at risk”
There are a more examples within the report that describe the risk
potential for DEAG in a similar manner. One with a very serious
meaning is that by the auditors BDO AG for the annual report, who
concluded in reference to the planned festivals “Our audit has not
resulted in any qualification, except for the following restrictions.”
In particular the auditors state: “Due to the lack of sufficient audit
evidence we have not been able to finally and conclusively assess the
amount of expected ticket sales on the basis of advance sales as well
as possible cost reductions in the event of ticket sales significantly
below the budgeted values”.
MusicIn SharesManfred Tari [email protected]
DEAG
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VIPNEWS > BUSINESS > MAY 2015 MUSIC IN SHARES
Live Nation - Lower Revenue But Higher Loss
SFX Entertainment - Higher Revenue and Lower Loss
The proceedings and developments from the first announcements
until shortly before the events took place, on May 29-31 in
Gelsenkirchen for Rock Im Revier and Rockavria in Munich, were
accompanied by various legal disputes, and caused wide ranging
media coverage that occasionally turned out to be very sceptical
as to the likely success of these festivals. The economic-magazine
Wirtschaftswoche (WiWo) had already reported weak ticket sales
in December 2014.
As early as Summer 2014 the media coverage peaked, reporting
a number of legal confrontations regarding name rights, the
MLK departure of Rock Am Ring from Nürburgring, and the first
announcements for “Der Ring Grüne Hölle Rock” by DEAG. Originally
DEAG intended to promote “Grüne Hölle” as one of its three new
festivals at Nürburgring with the aim to replace Rock Am Ring, which
has been staged on the racing site since its launch in 1985.
The insolvent site Nürburgring appeared to be an extraordinary mine
field for various legal battles, not just for MLK. DEAG also stumbled
into the one or other legal case that later on lead to the Company
converting its original idea for a festival entitled as “Grüne Hölle”
at Nürburgring into “Rock Im Revier” in the arena “Auf Schalke” in
Gelsenkirchen.
CTS Eventim subsidy MLK appeared at the beginning of the festival
battle as the one who could lose its name rights for Rock Am Ring
and the Nürburgring site appears now to be overall winner in
retaining the name. DEAG, among others, has now to cope with
negative press from Germany’s well-known WiWo, as well as the
nationwide daily newspaper Süddeutsche Zeitung (SZ).
In its weekend issue on May23 the newspaper wrote a feature
article with the headline “Rock Or Die” about DEAG and its festivals
reporting on discount sales of tickets for Rockavaria and Rock Im
Revier and among others on the correspondence between the
newspaper and a lawyer on behalf of DEAG.
According to media reports DEAG invested heavily into fees for
its festivals headliners such as Metallica, Muse, Kiss, Limp Bizkit,
Faith No More and various other acts. At various times WiWo and
SZ reported on low ticket sales, raising the question as to whether
highly paid headliners are still worth the financial risk. However,
a financial collapse of DEAG would be a worst case scenario for
the German concert industry that could cause significant knock-on
effects.
The answer to the question how seriously DEAG will be affected by
the results for its new festivals will take some time; nevertheless it is
already evident that the share price is heavily under pressure.
On March 3 the DEAG share peaked at 7.49 Euro, on May 25 the
share price has been down to 5.54 Euro.
On April 30 Live Nation reported its results for Q1-2015. The company basically has been able
to maintain its revenue results, reporting a return of $1.20 billion, compared to last year’s result
of $1.27 billion. Nevertheless the company nearly doubled its loss results. From a previous net
loss of $32.4 million in Q1-2014 it went up to $58.2 million. The loss per share increased from
$0.17 up to $0.31 cent.
However, the share price is on the rise again, from $25.97 as reported in the April issue, the
share in the meantime went up to $27.36.
SFX Entertainment managed to increase its revenue in Q1-2015 from $33.3 one year before
to $52.1 million. The net loss decreased from $55.9 to $41.6 million...
Last time the reported share price was $4.47, this time it is $4.11.
VIPNEWS > MISC > MAY 2015
Noel Gallagher`s High Flying BirdsTerritory: EuropePeriod: 2015Agency: Primary Talent InternationalAgent: Ben WinchesterPhone: +44 20 7400 4500E-mail: [email protected]: www.noelgallagher.com
8:58 PAUL HARTNOLL from ORBITALTerritory: World excl USAPeriod: May 2015 onwardsAgency: Value Added TalentAgent: Dan SilverPhone: +44 20 7704 9720E-mail: [email protected]: [email protected]
Chris Thompson (Ex-Manfred Mann¥s Earth Band)Territory: WorldPeriod: Available all year on requestAgency: Live Concept Entertainment GmbHAgent: Michael WidmannPhone: +49 7203 9219180E-mail: [email protected]: www.christhompson-central.com
DIE KRUPPSTerritory: WorldwidePeriod: September 2015Agency: IBDAgent: Sabine WaltzPhone: +49 (0) 8202 9049870E-mail: [email protected]: www.facebook.com/diekruppsofficial?fref=ts
THE ORCHESTRA starring ELO former members Territory: WorldwidePeriod: 2015Agency: World Entertainment Associates of AmericaAgent: John Regna - Artist Agent/ManagerPhone: +1 407 993 4000E-mail: [email protected]: www.THEORCHESTRAonline.com
Peter Doherty Territory: EuropePeriod: 2015Agency: Primary Talent InternationalAgent: Matt BatesPhone: +44 20 7400 4500E-mail: [email protected]: www.albionrooms.com
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Noel Gallagher
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The international concert agency “RU-CONCERT”
was founded in 2001 at the time when there were
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of experience has allowed to “RU-CONCERT” company to sign contracts with well-
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