Live Nation Changes Contract To Burden Musical Artists

During these times when show promoters are seeking ways to remove their liability and financial responsibility, yet gladly take profits when things go their way…. Live Nation, a business that is North America’s largest live event company, is seeking to apparently privatize profits yet socialize losses. Many on Wall Street are familiar with this practice in the past decade or so, yet now it is expanding to other business sectors. Live Nation is now seeking to encumber musical artists for possible losses, yet Live Nation will gladly ensure they profit during good times.
—> Learn more about Live Nation’s updated contract agreement.