All articles tagged with #livenation
Shopify, Home Depot, and Live Nation Entertainment are among the stocks experiencing significant premarket movements. Investors are closely watching these companies for potential trading opportunities as market conditions evolve.
Hacker group ShinyHunters claims to have breached the data of 560 million Ticketmaster users, including sensitive personal information, and is selling it online for $500,000. The breach has been reported by multiple outlets, but Ticketmaster and its parent company LiveNation have not confirmed it. This incident comes as LiveNation faces a major antitrust lawsuit from the U.S. Department of Justice and 29 states. Consumers are advised to take protective measures such as using strong passwords and monitoring account activity.
A hacker group named ShinyHunters claims to have breached the data of approximately 560 million Ticketmaster users, including sensitive information like credit card details. The data is reportedly being sold online for $500,000. While Ticketmaster and its parent company LiveNation have not confirmed the breach, the incident comes amid a separate antitrust lawsuit against LiveNation by the U.S. Department of Justice. Consumers are advised to take protective measures such as using strong passwords and monitoring account activity.
The Made in America festival, curated by Jay-Z and produced by Roc Nation in partnership with Live Nation, has been canceled for the second year in a row. The announcement was made on the festival’s social media accounts, citing a reimagining of the live music experience. This comes at a time when large-scale music festivals have struggled in the years since the pandemic, with other festivals like Delaware’s Firefly Festival also facing challenges.
A bipartisan group of senators has introduced the "Fans First Act," a bill aimed at reforming the event ticketing system to address issues such as price gouging, predatory practices, and lack of transparency. The legislation, supported by LiveNation, would require ticket sellers and resellers to disclose the total cost, including fees, and provide proof of purchase within 24 hours. It also mandates refunds for canceled or postponed events. The move comes in response to controversies surrounding ticket sales, including the difficulties faced by fans trying to purchase tickets for Taylor Swift's "The Eras Tour" last year.
The FivePoint Amphitheatre in Irvine abruptly closed after hosting its final concert by the Zac Brown Band, as plans for a permanent venue at the location were rejected by city officials due to concerns about size and noise. LiveNation is now searching for alternative sites in Orange County to build a permanent venue.