Photo Songkick specialized in so-called artist presales - a way of selling batches of advance tickets, often around 8 percent of the inventory for a show, to fans. Live Nation acquired assets including what was formerly Songkick's ticketing commerce platform, API applications and patent portfolio. The suit between David and Goliath included accusations that Live Nation had abused its market power.
Songkick had its concert-discovery app, website and naming rights acquired by Warner Music Group past year, but not its ticketing business, which it was said would operate under a new name under the guidance of Jones, who would also continue fighting the legal battle with LN.
The case for Songkick hinged on rights to sell tickets.
In a prepared joint statement, Live Nation President Joe Berchtold said the two were pleased we could resolve the dispute and avoid a costly and protracted legal proceeding, while also acquiring assets that are valuable going forward.
Matt Jones, the chief executive of Songkick's parent company, Complete Entertainment Resources Group, thanked employees and artists "who contributed so much to our many successes over the last decade".
Fort Point Capital Ltd Liability Corporation owns 0.11% invested in Ares Capital Corporation (NASDAQ:ARCC) for 13,980 shares. Highlander Capital Management LLC grew its position in shares of Rockwell Collins by 106.0% in the 2nd quarter. (NYSE:COL).
Barlow Jeff D. sold 5,224 shares worth $352,098. $999,981 worth of stock was sold by MOLINA J MARIO MD on Wednesday, August 2. The firm has "Hold" rating by MUFG Securities Americas Inc given on Thursday, September 21. (NYSE: MOH ) or 2,000 shares.
It is positive, as 50 investors sold MSI shares while 138 reduced holdings. (NASDAQ: NTAP ) to report earnings on February, 21. Duff & Phelps Investment Management Co sold 57,000 shares as the company's stock declined 11.79% while stock markets rallied.
Millennium Ltd Liability holds 0.07% of its portfolio in Portland General Electric Company (NYSE:POR) for 1.01 million shares. The conglomerate reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.20).
Australia's top iron ore miner, Rio Tinto, uses the port of Dampier, 420 kilometres (260 miles) south of Port Hedland. In Broome, police are warning residents not to drink too much or hold "cyclone parties", The Australian reports .
The French first lady, Brigitte Macron, was named the panda's "godmother" at the Beauval zoo in Saint-Aignan-sur-Cher. Two pandas arrived at Beauval zoo in 2012, on loan from China for a reproduction programme.
The firm had revenue of $960.00 million during the quarter, compared to the consensus estimate of $960.86 million. The company has Relative Strength Index (RSI 14) of 47.88 together with Average True Range (ATR 14) of 0.64.
Hedge funds have recently modified their holdings of the stock. 35 funds opened positions while 83 raised stakes. (NASDAQ:NSIT). Canada Pension Plan Investment Board sold 418,695 shares as the company's stock declined 15.13% while stock markets rallied.
In the past 52-week period, shares of E*TRADE Financial Corporation (NASDAQ:ETFC) have moved within the range of $32.25 to $52.19. Large investors have recently modified their holdings of the company. 115 funds opened positions while 470 raised stakes.
It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 56 funds opened positions while 167 raised stakes. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with "Hold". (NYSE:COL) rating on Monday, January 8.
TheStreet Lowers Signet Jewelers Limited (SIG) to Hold
The stock is now moving below its 20-Day Simple Moving Average of -0.05% with a 50-Day Simple Moving Average of -6.25 percent. According to their observations and findings, the stock could provide a high EPS of $4.84/share and a low EPS of $3.42/share.
Britney Spears Signs a New Las Vegas Deal
But it was reported this week that she nearly immediately signed a new deal to perform at the Monte Carlo resort. Britney recently finished her four-year residency in Las Vegas with a stunning set at Planet Hollywood.
Ban on card surcharges comes into force
Gareth Shaw, a money expert at Which?, says he expects other businesses might opt for a similar solution. A BAN on rip-off credit and debit card surcharges comes into force today .