Live Nation Wants Artists to Take Pay Cuts

Rolling Stone:

Most of the new policies shift financial burdens to artists: For example, the company wants to decrease the monetary guarantees promised to artists before an event by 20% across the board. Live Nation also says that if a concert is cancelled due to poor ticket sales, it will give artists 25% of the guarantee (as opposed to the 100% that promoters are currently expected to pay). Moreover, if an artist cancels a performance in breach of the agreement, the artist will pay the promoter two times the artist’s fee — a type of penalty that, as Billboard notes, is unheard of in the live music industry.

“We are fully aware of the significance of these changes, and we did not make these changes without serious consideration,” Live Nation wrote. The company did not respond to request for comment.

Maybe the CEO didn’t need to be making three million a year.

Protest the Hero Release New Album

Headphones

Protest the Hero have released their new album, Palimpsest, early via Bandcamp.

Many months ago, when we set the date of our record release, we decided on the date of June 19th. When we realized our scheduled release day coincides with Juneteenth, we didn’t feel right about celebrating our album when we should be observing the holiday. Recently we have been doing our best to look inward and acknowledge our prejudice and privilege. In doing so, we must recognize the importance of Juneteenth, and we don’t want to detract from it in any way. Palimpsest will now be released on Thursday, June 18th. Detailed information on where/how you can purchase/stream the record will be provided tomorrow.

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