Urban List’s Post

On the music side or the sport and entertainment industry, Green Sports Alliance is so excited to welcome some wonderful folks to our stage. Welcome Michael Ilves, Director of Festivals, Goldenvoice, Towalame Austin, EVP, Global Philanthropy and Social Impact, Sony Music Entertainment, Jaime Nack, President, Three Squares Inc., and Meghan Tierney, Senior Manager, Live Events, Sustainability, AEG. This group delineates how they use environmental strategies at music events.  - Implementing trial and error, and the importance of not giving up. - How they scale products and designs all the way up from their smaller events to Coachella, Stagecoach, etc.  - Listening to the increasing demands for sustainability from audiences and artists who curate the venues in which they operate. - We all share the same struggles and barriers to entry for sustainability, so let's collaborate on solutions. #FasterFurther #24GSASummit

New Post: Universal Music Group and DGMC Want to Build a ‘Music City’ in the UAE - https://lnkd.in/g9VUxdr6 - Universal Music Group is poised to open its first Capitol Studios outside of Hollywood, plus live performance spaces, music education academies and a new record label, as part of a collaboration with DGMC in the burgeoning music hub of the United Arab Emirates. UMG and DGMC, a UAE-based music organization, will work together to build what’s described as a “Music City” that will serve as a regional hub for both local and global recording artists and songwriters in the fast-growing Middle East and North Africa (MENA) region. The planned studios will include all the latest accoutrement, including a Dolby Atmos mixing room, state-of-the-art recording equipment and rehearsal rooms for artists and writers. The label will be a joint venture between the two companies and will work to turn local artists into global stars. “At its heart, the UMG-DGMC partnership’s aim is to support and nurture talented artists and songwriters in the region and help them reach their full creative and commercial potential,” the companies said in a joint announcement on Monday (Feb. 12). The tie-up follows on the heels of UMG’s acquisition of UAE-based music company Chabaka late last summer to become part of Virgin Music Group. An increasingly attractive region for music mergers and acquisitions, MENA had the highest growth rate of any global region in 2021 and the third-fastest growth — 23.8% — in 2022, according to the IFPI. “We have long recognized the potential in the Middle East, and are incredibly proud to be working with world-class partners like DGMC,” said Adam Granite, executive vp of market development for UMG. “We share their excitement and vision to harness this potential and nurture the next generation of recording artists and songwriters. Our partnership will create a powerful platform for the incredible talent in the region and accelerate their careers at home and abroad.” - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp

JKBX, founded in 2022, is aiming to democratize music royalties by bringing investment opportunities to the masses. The company plans to list more investments and build a new asset class, according to CEO Scott Cohen. Check out the Wall Street Journal article to learn more. #musicinvestment #investing #assetclass

And, just like that, the U.S. government filed an antitrust lawsuit against Live Nation Entertainment. The implications could be significant for the music industry. Here are some key points to consider: 🥁 Increased competition could lead to more opportunities for new players to enter the market. 🎻 Leveling up the playing field for ticketing platforms may occur. 🎸 Transparency on ticket fees could become a norm. What do these implications mean for companies like SeatGeek? With more players entering the market, ongoing competitive monitoring programs will be essential. I am curious to see how companies adjust their strategies to thrive in this evolving landscape. #antitrust #musicindustry

Let’s go.

New Post: The Co-op Flop: Inside the Chaotic Launch of OVG’s ‘Game Changing’ UK Arena — and What Comes Next - https://lnkd.in/d2dvsDSV - British rock band Elbow was never supposed to be the first act to play Co-op Live — the United Kingdom’s newest and biggest entertainment arena. That honor was originally supposed to go another Greater Manchester local, comic Peter Kay, who grew up in the nearby town of Bolton, and was slated to officially open the 23,500-capacity venue in on April 23. But construction delays led to the cancellation of Kay’s shows and subsequent gigs for The Black Keys, A Boogie wit da Hoodie, Keane, Olivia Rodrigo, as well as a five-night run by Take That. After weeks of false starts, executives with building co-owner and developer Oak View Group — partners on the project with City Football Group (the parent company of Manchester City football club) – insist tonight’s (May 14) long-scheduled Elbow show at Co-op Live will go ahead. Across the live business, executives will be keeping a close eye on how events unfold in Manchester, where the much-hyped project is located.   Billed as a “game-changing” best-in-class new arena facility, Co-op Live has long been positioned as an important international pivot for co-owner Oak View Group, the LA-based arena development company launched by OVG chairman and CEO Tim Leiweke a decade ago. OVG has successfully designed, built and opened more than a dozen successful arenas in the U.S. including Climate Pledge Arena in Seattle and UBS Arena in New York and has a full slate of arena development projects in progress in Brazil, Nigeria, Canada and Wales. The firm has also confirmed that it’s in talks to open a new arena in West London. Related Co-op Live Launch Plunges Further Into Chaos as GM Gary Roden Resigns 3 Days Before Opening 04/25/2024 Arena construction is challenging under the most ideal conditions, and delays are common, but the arena’s aggressive opening calendar, with more than a dozen concerts planned in its first month, became a liability and source of embarrassment for the company as the delays worsened. The first signs of problems became apparent at a press launch and invite-only test concert on April 20, headlined by U.K. acts Everything Everything and Rick Astley. OVG’s Leiweke travelled to England to be at the launch, which was attended by Billboard, and told guests of his extreme pride at what OVG and its partners had built in Manchester, which he enthusiastically called “one of the greatest cities on the face of the Earth.” Foreshadowing some of the issues that were soon to follow, Leiweke urged those present to be patient as his team hosted an audience inside C

🚨 Competition watchdog accuses Ticketmaster/ Live Nation of anti-competitive practices in UK live music industry 🎤 Adele & Taylor Swift concert ticketing woes shed light on Ticketmaster's monopoly grip #dominance 💸 Fragile market dynamics post-pandemic lead to soaring ticket costs, worsened by Live Nation's dominance 🎟️ Live Nation and Ticketmaster deny monopoly claims, point fingers at venues and market rivals ⚖️ Legal battle looms as antitrust lawsuit unfolds, mirroring tech giants' ongoing regulatory challenges 🌐 Prepare for unfolding legal saga 🛡️ C-suite leaders and policymakers urged to safeguard consumer purchasing power and trust 📈 Actions include promoting market diversity, enforcing fair competition, and enhancing transparency 💡 Collaboration between industry stakeholders and regulators crucial for a balanced and competitive live music sector #CompetitionPolicy #ConsumerRights #RegulatoryReforms #Antitrust #LiveMusic #Monopoly #Dominance #ConsumerImpact #Pricing #Inflation #Squeeze #AntiCompetitive https://lnkd.in/eEgCy2v4

Honored to participate in this discussion!

🎸💥 Kiss, the legendary hard rock band, has just made a monumental move in the music industry. They've sold their brand, songs, and intellectual property for a whopping $300 million! 💰 This sale not only marks their retirement from live performances but also underscores the immense value of intellectual property in today's market.In a groundbreaking deal with Stockholm-based Pophouse Entertainment, Kiss has opened up avenues for future AI-generated content, leveraging their iconic brand and extensive music library. This strategic move highlights the enduring value of intellectual property, which stands as a standalone asset to be valued and leveraged in its own right. As seen with recent sales by music icons like Bob Dylan and Bruce Springsteen, intellectual property isn't just about past achievements—it's about unlocking endless possibilities for innovation and creativity. By recognizing and capitalising on the value of their intellectual property, Kiss has positioned themselves for continued success in the ever-evolving music landscape. Gene Simmons, the entrepreneurial force behind the band, emphasised the importance of collaborating with the right partners, ensuring the band's vision continues to thrive. This partnership between Kiss and Pophouse Entertainment exemplifies how intellectual property can fuel innovation and drive strategic growth. Story widely covered, here’s the BBC coverage https://lnkd.in/dmvm483m #IntellectualProperty #MusicIndustry #Innovation #Kiss #PophouseEntertainment #musicroyalties

Interesting article Nat!