Live Nation is protesting a recent decision by London's Royal Parks to renew AEG's contract to bring concerts to Hyde Park
were "appropriate for the park" coupled with "unrealistic revenue assumptions" ultimately led Live Nation to walk away from discussions to extend its previous four-year contract through 2017.
"No promoter could go in and decently run a gig for more than we offered. I'm not prepared to go on as a loss maker," explained "People always see the promoters as the greedy guys who take the money. Trust me, at Hyde Park we didn't." AEG staged the first British Summer Time concert series in 2013 and for the first two years, the series hemorrhaged money, ballooning AEG Live UK's operating loss to $9.7 million, according to the company's. Those losses were offset by the $20 million in profit AEG earned operating London's O2 Arena that same year.
In 2017, AEG sold out all six nights of concerts at the 65,000-cap public park-turned temporary concert venue. Barclays is the title sponsor for the series, which each night is anchored around a headliner and a supporting lineup, which can include more than a dozen artists. When
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Nation Perplexed By 16-Year-Old Who Doesn’t Want World To EndNEW YORK—Following her U.N. address about the existential threat posed by a rapidly warming planet, citizens across the United States confirmed Monday they were perplexed by Swedish climate activist Greta Thunberg, a 16-year-old who apparently has no desire to see the world end. “I know she’s from another country, but she’s still a teenager, right?” said 33-year-old Sophia Williams of Kenosha, WI, her confusion reportedly shared by millions of Americans who recalled that during their own adolescence they had hated the world and everyone in it and had felt the end couldn’t come fast enough. “I don’t understand why a high school kid like her isn’t locking herself in her bedroom and writing bad poetry about how nothing matters and everything is meaningless. Instead of going around the world and giving speeches in which she urges people to save the planet, shouldn’t she be commiserating with her friends about how pointless life is and how we’d all be better off dead? I just don’t get it.” At press time, an online survey found that a majority of Americans agree someone should make sure Thunberg’s parents are aware of her unusual behavior in case she needs to seek help.
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Where You Live Within A City Determines Your Chances Of Getting The FluThe cool, crisp start of autumn also heralds the beginning of snotty, miserable flu season. Whether you live in the bustling downtown or in the quieter fringes of your city could change your chances of coming down with the flu.
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