“I don’t love that [Phil] supports all these right wing causes, but his political beliefs are so far detached from the work we do and our company values,” explains one high ranking executive, who notes that despite being very conservative, Anschutz supports LGBT causes and has given millions to groups some describe as being left of center. Employees at Liberty Media, which owns SiriusXM, Pandora and a 35% stake in Live Nation, for the first time ever have given more money to Democratic candidates than Republican ones. In 2020, individuals at the company gave $209,374 to Democrats and $92,485 to Republicans — more than a 2-1 margin. Back in 2016, Democrats only received $134,636 while $385,700 was spent on Republican candidates, while in 2012, only $12,500 was spent on Democrats with ...
As the coronavirus crisis stretches onwards, Billy Joel has announced that he won’t return to his monthly Madison Square Garden concerts until November 5th, 2021. The news affects six concerts cancelled by the coronavirus crisis earlier this year. They were initially supposed to take place between March 19th and August 3rd, and were already pushed back once already, to take place from September 26th through February 3rd, 2021. Well, that plan proved too optimistic. Now Joel is giving health officials plenty of time to roll out a vaccine before he tries again; those same six concerts will run from 2021 to 2022 starting on Friday, November 5th, and continuing through Monday, December 20th, Friday, January 14th, Saturday, February 12th, Thursday, March 24th, and finishing on Friday, April 8th...
It’s the moment practically every EDM fan has been waiting for: The return of ILLENIUM at his finest, releasing a sneak peak of his fourth studio album with its lead single, “Nightlight” featuring Annika Wells. Out today via 12Tone, ILLENIUM’s new record label, “Nightlight” is stunningly emotive. Wells’ ethereal vocal tone reverberates through the track’s stunning future bass drops, further reinforcing ILLENIUM’s dominance over the genre. With “Nightlight,” he also continues in the vein of his previous LP, ASCEND, by incorporating rock elements, such as strong percussion and guitar melody lines. At the same time, the track hearkens back to his roots with production techniques reminiscent of his earlier work, like his debut album, Ashes, dubbe...
Crippled by venue closures, concert promoter MSG Entertainment’s fiscal fourth quarter revenue fell 96% to $9 million from $215.2 million for the same period a year earlier, according to financial results released Friday (Aug. 14). These aren’t the sort of numbers investors might have hoped for in the first full earnings report since MSGE spun off from the Madison Square Garden Company on April 20, but amid a pandemic that has shut down concerts since March perhaps there is some solace that this decline in revenue was still slightly better than the 98% drop Live Nation announced Aug. 5. Shares of MSGE dipped 4.7% to $67.99 at the New York Stock Exchange on Friday. In all, MSGE’s revenue for the full fiscal year, from July 1, 2019, to June 30, 2020, fell 27% to $762.9 million from $1 billio...