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Entertainment giant Live Nation plans to acquire Ticketmaster


The world’s largest  concert promoter  Live Nation Inc  plans to buy  Ticketmaster  Entertainment Inc for about $400 million in stock in a bid to create a company with dominant holdings inconcert promotion  and ticket sales. But shares of both companies fell on Tuesday, amid concerns the acquisition would be blocked by U.S. antitrust regulators under the new Obama administration. U.S. Senator Charles Schumer  slammed the deal ahead of its formal announcement on Tuesday, calling for a federal probe into Ticketmaster, the top U.S. ticket vendor. “This merger would give a giant, new entity unrivaled power over concert-goers and the prices… Read more »

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Polaris Drops Off Dayseeker Tour, Replaced By Silent Planet


Dayseeker is on the verge of kicking off their Dark Sun Worldwide Tour later this month. The band has shared that Polaris has unfortunately dropped off the tour as support. In a statement shared on their social platforms as an important tour update, Dayseeker shares, “Very sad to announce that @polarisaus will be unable to join us on our upcoming US tour this April/May.” They continue, “We love them whole heartedly and wish them some healthy time at home so they can come back stronger than ever. Moving forward, we’re incredibly excited to say the almighty @silentplanetband will be filling… Read more »

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Wal-Mart stirs CD pricing pot with multi-tiered plan


The major music companies have been resistant to lowering their price on CDs, but now they may be dragged to that point: Wal-Mart, the largest retailer of music with an estimated 22 percent market share, has proposed a five-tiered pricing scheme that would allow the discounter to sell albums at even lower prices and require the labels to bear more of the costs. According to sources, the Wal-Mart proposal would allow for a promotional program that could comprise the top 15 to 20 hottest titles, each at $10. The rest of the pricing structure, according to several music executives who… Read more »

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Sony BMG Plans to Drop DRM


In a move that would mark the end of a digital music era, Sony BMG Music Entertainment is finalizing plans to sell songs without the copyright protection software that has long restricted the use of music downloaded from the Internet, BusinessWeek.com has learned. Sony BMG, a joint venture of Sony and Bertelsmann, will make at least part of its collection available without so-called digital rights management, or DRM, software some time in the first quarter, according to people familiar with the matter. Sony BMG would become the last of the top four music labels to drop DRM, following Warner Music… Read more »

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Smashing Pumpkins plan residencies


The Smashing Pumpkins announced Monday they will give nine concerts in Asheville and eight in San Francisco this summer in the band’s first residencies in more than a decade. The band will perform at the Orange Peel in Asheville on dates from June 23 to July 5, and at the historic Fillmore in San Francisco on dates from July 22 to August 1. According to information posted on the band’s Web site, fans attending any of the shows are allowed to capture them with audio and video recorders. “They were looking for one West Coast venue and one East Coast… Read more »

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Grammys Roll Out 50th Anniversary Plans


The Grammy Awards, the music industry’s most prestigious event, are getting an early start on next year’s 50th anniversary with plans for a fashion line, coffee-table book, museum and TV specials, organizers said on Tuesday. Next year’s ceremony will take place in Los Angeles on Sunday, February 10, although there might be remote broadcasts from such music centers as New York and Nashville, said Neil Portnow, the president of the Recording Academy. Talks are underway with Grammys broadcaster CBS to hold some specials later this year, so that next year’s awards show does not get too weighed down in nostalgia.… Read more »

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GoVideo Hits Summer Concert Circuit With Rockers Simple Plan, Good Charlotte


Scottsdale, Az – Consumer electronics pioneer GoVideo is taking the show on the road, going out on tour this month with rock artists Simple Plan and Good Charlotte, in association with Plastic Cash International’s new MYplash pre-paid Debit MasterCard campaign. GoVideo will serve as one of the concert tour’s key promotional partners, providing product giveaways on radio stations in local markets and conducting on-site sweepstakes at each tour event, where ticket holders have a chance to win complete entertainment packages loaded with an assortment of cutting-edge audio and video products from GoVideo. GoVideo’s new D2740 Wireless Media Receiver plusDVD Player,… Read more »

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