#101

Today's read ... 5

minutes

Live entertainment innovation continues to amaze as business deals shed light on future possibilities and favorite band members make your gaming experience next level. 

Latest Company Acquire The pioneer of music downloads, Napster, has been acquired by Hivemind and Algorand. This business transaction hopes to level up what started in the early 2000s.

Exclusive Streaming Rights  Bonnaroo, Lollapalooza, and Austin City Limits will be streamed on Hulu for the 2022 and 2023 festivals, making the iconic trio accessible to even more fans.

Employee Ticket ScandalA USGA employee was just sentenced to over a year in prison after a $3.3 million ticket scheme. The individual made about $1.5 million profit after a loophole in the ticket protocol was uncovered.

Local ImpactIn addition to the annual Austin Parks Foundation donation of $6.7 million, ACL announced that the 2021 festival had a $369 million economic impact. This gain is a massive boost to Austin's local community, making the event possible.

Rights to Host Until 2027Downtown Miami will continue to be home sweet home for Ultra after signing a deal with the waterfront agency permitting the festival to occur at the current location until 2027.

On-site Injures After a false alarm, three reported injuries happened at the Lovers & Friends Festival in Las Vegas. Gunfire on festival grounds caused people to exit the event. Festival producers shared that it was a security misunderstanding and resumed performances.

Positive TrendEndeavor is up over $400 million YoY after their CFO announced Q1 earnings. Music appearances are tracking exceptionally well and are on track to positively impact the company’s overall earnings later this year.

Looking for Directors Both NIVA and NIVF are searching for their new executive directors. Rev. Moose is leaving the organization after selflessly devoting countless hours to instill hope during uncertain times.

1,000s of Injuries More information continues to trickle in on the Astroworld aftermath. Over 700 serious injuries have been claimed, with thousands more of lesser severity.

Film Does MusicTribeca Film Festival will be launching its first-ever music lounge. The four-day-long lounge experience will be made possible by Pitchfork. The lineup will include names like Onyx Collective and Duendita featuring guests.

Producers of food fests such as Seltzerland, Cannonball are looking for an Event + Ticketing Marketing Manager to pique customer interest across all events.

Hubspot is hiring a Principal Production Manager, Physical Events. This position will be responsible for managing events with over 3,000 attendees.

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Lineups Dropped

Guess this lineup: Red Hot Chili Peppers, Zach Bryan, Diplo, and Aly & AJ … ACL 2022 lineup has officially dropped.First-year festival Cabo Beach Fest released its lineup for the November event that will be headlined by Rebelution. 

The Behind the Scenes Foundation invites you to join the May 24th webinar that aims to address mental health and suicide prevention in the events industry. This is a FREE one-hour industry event that all are welcome to attend. 

 We can’t get enough of Dolly! She will make her TikTok musical debut as she partners with Taco Bell.

 The band members of Slipknot are now characters in the online game, Smite. 

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