U2 signs to Live Nation in concerts deal

Live nation Logo Live Nation, the promoter that owns or manages venues such as Wembley Arena and Manchester Apollo, has signed an $80 million (£40 million) upfront deal with U2 that will tie the Irish rock band to its venues for the next 12 years.

The deal underlines the growing battle for live rights and cements the Irish four piece into a long-term deal, where previously the band worked with New York-listed Live Nation on a tour-by-tour basis.

Bono, lead singer of U2, said: “We’ve been dating for over 20 years now; it’s about time we tied the knot.” Live Nation has produced every U2 tour since 1997 but company bosses first worked with the band in Toronto in 1980. (more…)

ShareThis

U2 signs with Live Nation

From Yahoo News

NEW YORK (Reuters) - Live Nation Inc said on Monday it has reached an agreement for a 12-year global contract to handle the merchandising, digital and branding rights as well as the touring of Irish group U2.

Live Nation has been expanding its business model to develop more far-reaching and deeper relationships with artists beyond just handling their touring. The deal with U2, one of the world’s biggest rock bands, comes just five months after Live Nation announced a comprehensive partnership with pop star Madonna, which included her coveted recording rights.

The company would not reveal financial terms of the U2 deal though analyst David Joyce at Miller Tabak estimated that the deal would “likely be in the $100 million range.” Live Nation said U2 will continue the band’s long-term recording and publishing relationship with Universal Music Group, a unit of French media giant Vivendi. “It’s not a do-or-die situation that we have to be involved in the recordings,” Live Nation Chairman Michael Cohl said in an interview with Reuters. “We’d prefer to, but it’s not always available.” The deal with Madonna, which included the recording rights, was estimated to be worth $120 million over 10 years including a three-album commitment after the artist submits her last album to her current music company, Warner Music Group.

Its partnership with U2 will now include merchandise and licensing rights, sponsorship and strategic alliances, digital rights, fan club/Web sites and other marketing and creative services. Cohl said the new model will help boost the overall company’s profit margins. Analysts have said that touring and ticketing have traditionally been a low-margin business. Several of the company’s executives had managed U2’s tours for more than 20 years.

Live Nation’s attempts to diversify its business and win artists from music labels come as the major recording companies are also trying to reinvent their business and win control of touring, digital and merchandise rights of their artists. Joyce, who rates Live Nation a “buy,” said that as the company tries to bolster relationships with its artists, this latest deal should help its efforts to retain live event market share from existing competitors such as AEG. But he said there is a question whether music labels will fend off Live Nation’s expansion attempts as they attempt to diversify themselves. The music companies are keen to replace lost revenue caused by falling recorded sales. Fans are buying fewer CDs and not purchasing enough digital music to make up for the shortfall.

The major labels have started signing some artists to so-called 360-degree deals which include recording as well as publishing, touring, digital and other rights. Cohl said his company will focus on signing other major artists rather than developing new acts such as a traditional music label or publishing house. “Our intention is to work with artists who are already making it or on their way to making it,” he said. Live Nation said its new strategy will also include its Web site LiveNation.com, which Cohl said was aiming to become the biggest music portal on the Web through a mixture of ticketing, merchandise sales as well as fan clubs and other features. Shares in Live Nation were up 3.5 percent, or 41 cents, to $12.24 in Monday morning trading on the New York Stock Exchange.

What this all means will come to light once U2 hit the road again. One thing for sure, we are likely to get a new U2.com and we will not all be buying concert tickets through the usual outlets like ticketmaster.

U2 sign 12-year Live Nation deal

Irish rockers U2 have signed a 12-year deal with concert promoter Live Nation to handle the band’s merchandising, digital and branding rights. The deal follows the ground-breaking recording and touring contract Madonna signed with the company last year. U2, however, will continue to release records through Universal Music. “We’ve been dating for over 20 years now,” said singer Bono. “It’s [...]

U2 Signs Merch Deal With Live Nation

US concert promotion company Live Nation has signed U2 up to for 12-year deal for merchandising.While U2 will stay with Universal Music, all merchandising, digital and branding rights will now be controlled by Live Nation.

The deal will be global.

Live Nation has managed U2’s world tours for the last 20 years.

Licensing rights, sponsorship opportunities, fan club and web site activity as well as marketing and creative services will be handled now by Live Nation on behalf of the band.

The deal falls short of a similar agreement the company signed with Madonna last year. Under the Madonna deal, the touring company will also release all of Madonna’s new music once her Warner deal runs out after her forthcoming ‘Hard Candy’ album.

Live Nation shares closed at $11.83 on Friday, down from 12 month high of $24.09

by Paul Cashmere, Undercover.com.au

ShareThis

A real U2 TV was born

After a lot of years we did it! We created a real U2 television broadcasting live concerts, documentaries and rare videos 24/7. While you’re watching the show you can read the latest u2 news in CNN style.  The tv schedule will change quite often! Do you like this? Do you want to make a contribution? [...]

It’s Hard To Keep Up Sometimes

Being a regular contributor to @U2, it’s hard to keep up with email - especially when I have about 20 email addresses between my volunteer work here on the site, family email, business email, volunteer organizations and such. I haven’t checked my U2.com email account for quite a while now (about 3 months to be [...]

Edge of Reason

The Edge has spoken of how his great friendship with fellow bandmates has contributed to the longevity of U2.

The U2 guitarist credits their three decades of music success to the comradeship that has bonded them together.

In an intimate interview with RTE presenter John Kelly, to be broadcast next week, the Edge reveals how it's the music that keeps him sane.

"There's something about performing our songs in front of a large crowd which works and it's to do with the fact, I think, that a lot of those people at those shows are there to celebrate not just their favourite band, or a favourite band of theirs, but part of their history," he said.

The guitarist, known for giving U2 its distinctive sound, has stepped out from the shadow of front man Bono to speak about the legendary band.

FOUNDATIONS

He thinks their foundations of friendship are what have made them so stable compared to other rock groups.

"Maybe it's because we were friends before we were a band," he said.

"So in a sense the friendships were solid, so when it came to those moments of conflicts or difficulty, we kind of were able to skirt around the big conflicts and diffuse the situation and so we're operating in pretty much the same way now as we always did," he added.

As friendships go, it's been very successful for all the four members of the group: Bono, Adam Clayton, Larry Mullen and the Edge, who have sold a total of 170 million albums worldwide.

Little did they expect when they formed in 1976 that they would make their fortune through their solid punk sound, catchy lyrics and Bono's belting voice.

The Edge is very aware that fame and success come with a lot of responsibility. He takes this burden very seriously.

"I think it's something that you always are aware of and it's something that I would remind myself of often," he said.

The man, who grew up in Malahide and was inducted into the Rock and Roll Hall of Fame with U2 in 2005, knows that he has been fortunate with the way his life has panned out.

"Here we are and with our friends. We are some of the luckiest people that have ever lived and once you bear that in mind, then first of all, I think you've a responsibility to enjoy your life.

CHARITY

"I also think you've a responsibility to take advantage of your situation, to make things better and to spread it out a bit."

The Edge has taken a quieter role in charity work compared to bandmate Bono but he has been actively involved with Greenpeace, Live 8 and Make Poverty History.

The full interview with the Edge will be broadcast on Monday night at 11.30pm on RTE1 television.

© 2008 Irish Independent.

Has It Really Been a Month?

It has. One month since the last post, which was actually published while I was in Santa Clara, California. In the meantime, I’ve also been to:

  • Portland
  • Seattle
  • New York
  • San Francisco area (again)

So, yeah, just a little bit busy with travel. But if you’re curious to know what’s going on with U2, A Diary, here’s what I know:

  • Omnibus has selected a designer.
  • The designer has been working on something called a BLAD (Book Layout and Design), which I understand to be like a promotional mini-version of the book, which the publisher takes around to various book industry trade shows to drum up retail interest in the book. (I’m hopeful to see one of these BLADs soon and might be able to post about it here on the blog).
  • Omnibus is wrapping up work on a Beatles book and will then dive in to production on U2, A Diary.

So, things are moving, albeit somewhat slowly at this point. Because we gave ourselves a lot of lead time between the due date of the manuscript and the expected publishing date, we’re not at all behind schedule or anything like that. I suspect I’ll be posting more in the coming weeks/months as things pick up.

Now you know. :)

Edge of reason

The edge has spoken of how his great friendship with fellow bandmates has contributed to the longevity of U2.

The U2 guitarist credits their three decades of music success to the comradeship that has bonded them together.

In an intimate interview with RTE presenter John Kelly, to be broadcast next week, the Edge reveals how it’s the music that keeps him sane.

“There’s something about performing our songs in front of a large crowd which works and it’s to do with the fact, I think, that a lot of those people at those shows are there to celebrate not just their favourite band, or a favourite band of theirs, but part of their history,” he said. (more…)

ShareThis

Darling Harbour the place to be April 9th

Cover Band Rattle and Hum will be playing at Darling Harbour from 5:30pm on April 9th to help mark the Sydney release of U23D at the Darling Harbour Imax.

Rattle and Hum are famous for appearing on Sunrise and recording a spot for the Chasers.

 

 

 

Edge of Reason (video)

The edge has spoken of how his great friendship with fellow bandmates has contributed to the longevity of U2.The U2 guitarist credits their three decades of music success to the comradeship that has bonded them together.In an intimate interview with RTE presenter John Kelly, to be broadcast next week, the Edge reveals how it’s the [...]

U23D arrives in Australia

U23D is a revolutionary step in the art of the concert video. The concept alone is nothing short of genius - the viewer takes a seat in the cinema, puts on some 3D glasses and is suddenly transported to the front row of an arena concert of the biggest band in the world. As the film [...]

John Legend’s “Pride”

Thanks to Tim K. for pointing us to this John Legend cover of “Pride (In the Name of Love)”, which appears to come from an upcoming History Channel special simply titled, KING. The program airs April 6th. John Legend performs PRIDE (In The Name of Love)Uploaded by ElectricArtists I’ve said many times that U2 should do more [...]

U2 TOP BEATLES COVERS POLL

U2’s cover of HELTER SKELTER has topped a new online poll of reworked BEATLES songs. The Irish rockers’ rendition of the 1968 track beat Oasis’ cover of I Am The Walrus in the RollingStone.com poll. Joe Cocker’s With A Little Help From My Friends, Across The Universe by Fiona Apple and Aerosmith’s version of Come Together round out the top five.

-contactmusic

ShareThis

Producer Gives Update On U2 Album | CJBK

Producer Gives Update On U2 Album | CJBK

By: Don Kaye

U2 has been working on its new album since late February at its recording complex in Dublin, Ireland, where the group has once again turned to longtime producer Daniel Lanois to sit behind the sound console. Lanois recently described how the sessions were going: “It’s going well. Very inventive, a lot of hopes and dreams in the room. (Singer) Bono’s a hell of a fighter, and as long as he’s got me in there, I’ll fight along with him, you know. It’s just quality, innovation, better songs, choruses that will communicate in a stadium setting…he wants it all. He wants great bass riffs. There’s still mystery in the room and they really want to do their best. They want it out for the fall as well.” (more…)

ShareThis