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“Live Nation has egregiously stonewalled my Subcommittee’s inquiry into its abusive consumer practices—making the subpoena necessary,” said Sen. Richard Blumenthal, a Democrat, who chairs the subcommittee. Ticketmaster has drawn the ire of Congress since its botched handling of presale tickets for Taylor Swift’s Eras Tour. Pre-sale tickets for “The Eras Tour” frustrated Swift fans across the country in a debacle that stayed in the headlines for weeks. Lawmakers grilled a top executive of Live Nation in January in a three-hour hearing. “I want to congratulate and thank you for an absolutely stunning achievement,” Blumenthal said to Live Nation president and CFO Joe Berchtold during the January hearing.
Persons: Taylor Swift, Bruce Spingsteen, , Sen, Richard Blumenthal, Taylor, Swift, , couldn’t, ” Blumenthal, Joe Berchtold, ” Berchtold, concertgoers, – CNN’s Samantha Kelly, Jennifer Korn, Camila Bernal Organizations: New, New York CNN, Investigations, Nation, Ticketmaster, Democrat, Capital One, Live Nation, Democrats Locations: New York, Los Angeles
The world's biggest shopping event happens in China each year - and it's called Singles Day. WHEN DID THE IDEA OF SINGLES DAY ORIGINATE? The idea for Singles Day had originated at China's Nanjing University back in 1993 and was originally called "Bachelor's Day." Cyber Monday immediately follows Black Friday, which falls on the day after the U.S. Thanksgiving Day holiday, the busiest shopping day of the year in the United States. "The presale period of Tmall and particularly on -- in general, the Singles Day, confirms a softer trend versus a year ago," said Estee Lauder CEO Fabrizio Freda last week, adding that the company was more optimistic about the next part of the Singles Day events in November.
Persons: it's, Bain, Jacob Cooke, Pinduoduo, Cooke, Estee Lauder, Nike, JD.com, Fabrizio Freda, Nicolas Hieronimus, Hieronimus, Granth, Aditya Soni, Diane Craft Organizations: China's Nanjing University, Adobe Analytics, U.S, Reuters, Technologies, Cyber, HK, PDD Holdings, Adobe, Bain, HOPE, Nike, Procter & Gamble, Apple, L'Oreal, Thomson Locations: China, United States, Beijing, Greater China, Bengaluru
The world's biggest shopping event happens in China each year - and it's called Singles Day. WHEN DID THE IDEA OF SINGLES DAY ORIGINATE? The idea for Singles Day had originated at China's Nanjing University back in 1993 and was originally called "Bachelor's Day." Cyber Monday immediately follows Black Friday, which falls on the day after the U.S. Thanksgiving Day holiday, the busiest shopping day of the year in the United States. "The presale period of Tmall and particularly on -- in general, the Singles Day, confirms a softer trend versus a year ago," said Estee Lauder CEO Fabrizio Freda last week, adding that the company was more optimistic about the next part of the Singles Day events in November.
Persons: it's, Bain, Jacob Cooke, Pinduoduo, Cooke, Estee Lauder, Nike, JD.com, Fabrizio Freda, Nicolas Hieronimus, Hieronimus, Granth, Aditya Soni, Diane Craft Organizations: China's Nanjing University, Adobe Analytics, U.S, Reuters, Technologies, Cyber, HK, PDD Holdings, Adobe, Bain, HOPE, Nike, Procter & Gamble, Apple, L'Oreal, Thomson Locations: China, United States, Beijing, Greater China, Bengaluru
More artists got back on the road in 2022, yet still hit pandemic-related snags. Bruce Springsteen, Metallica, Drake, Travis Scott, Ed Sheeran, Morgan Wallen, Maluma and Madonna filled arenas and stadiums. Buying concert tickets, however, has become an increasingly complex and expensive endeavor as costs continue to rise and companies like Ticketmaster and SeatGeek battle bots and scalpers. Fans hoping to attend the year’s hottest tours endured a maze of presale registrations, digital waiting rooms and hourslong queues. Those fortunate enough to reach checkout were met with lofty ticket prices — some because of confusing “dynamic pricing” — and additional fees.
Persons: Covid shutdowns, Taylor Swift, Beyoncé, Bruce Springsteen, Drake, Travis Scott, Ed Sheeran, Morgan Wallen, camerapersons Organizations: Ticketmaster
Explainer: Country Garden: What happens next?
  + stars: | 2023-10-17 | by ( Clare Jim | ) www.reuters.com   time to read: +5 min
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. A non-payment is expected after Country Garden last week warned about its inability to meet offshore debt obligations. Country Garden has appointed Houlihan Lokey, China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to carry out an offshore debt restructuring. Until this year, Country Garden was the largest Chinese developer by sales. Country Garden has said repeatedly that "home delivery" is its top priority.
Persons: Aly, Houlihan Lokey, Sidley Austin, Evergrande, Clare Jim, Anne Marie Roantree, Sonali Paul Organizations: Shanghai Country Garden, REUTERS, HK, China International Capital Corporation, WHO, China Evergrande, Evergrande, Regulators, Beijing, Thomson Locations: Shanghai, China, HONG KONG, Beijing
Country Garden: What happens next?
  + stars: | 2023-10-17 | by ( Clare Jim | ) www.reuters.com   time to read: +5 min
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. A non-payment is expected after Country Garden last week warned about its inability to meet offshore debt obligations. Country Garden has appointed Houlihan Lokey, China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to carry out an offshore debt restructuring. Until this year, Country Garden was the largest Chinese developer by sales. Country Garden has said repeatedly that "home delivery" is its top priority.
Persons: Aly, Houlihan Lokey, Sidley Austin, Evergrande, Clare Jim, Anne Marie Roantree, Sonali Paul Organizations: Shanghai Country Garden, REUTERS, HK, China International Capital Corporation, WHO, China Evergrande, Evergrande, Regulators, Beijing, Thomson Locations: Shanghai, China, HONG KONG, Beijing
Learn moreHit singer Olivia Rodrigo is heading on her second solo tour in 2024, with tickets still on sale for prospective Guts World Tour concert goers. If you want to buy tickets to the 2024 Guts World Tour, we've got you covered with a link for every individual Olivia Rodrigo Guts World Tour tour date appearance below. Olivia Rodrigo 2024 tour scheduleThe Guts World Tour begins in Palm Springs, CA, on February 23. Major cities tend to have higher prices for Olivia Rodrigo tickets, with concert dates in San Francisco, New York City, and Boston being among the most costly locations. As with standard tickets, original VIP tickets for Olivia Rodrigo's 2024 tour have also been sold out on Ticketmaster.
Persons: Olivia Rodrigo, Rodrigo, Olivia Rodrigo's, we've, Olivia Rodrigo Guts, Chappell Roan, Remi Wolf Organizations: North, Orlando, FL, St, Saint, New, Kansas City, UT, San, Ticketmaster, Silver Star, The Breeders, Breeders Locations: North America, Europe, Palm Springs , CA, American, United States, Canada, Springs, CA, Phoenix, AZ, Houston, Austin, Dallas, Orleans, LA, Miami, Charlotte, NC, Nashville, TN, Louis, Omaha, Saint Paul, Milwaukee, Chicago, Columbus, Detroit, MI, Montreal, Toronto, ON, Boston, New York City, NY, Dublin, Ireland, Manchester, England, Glasgow, Scotland, Birmingham, London, Antwerp, Belgium, Amsterdam, Netherlands, Oslo, Norway, Copenhagen, Denmark, Berlin, Germany, Hamburg, Frankfurt, Munich, Bologna, Italy, Zurich, Switzerland, Cologne, Paris, France, Barcelona, Spain, Madrid, Lisbon, Portugal, Philadelphia, Washington, Atlanta, Lexington, KY, Kansas, Oklahoma, Denver, Salt Lake City, San Francisco, Seattle, WA, Vancouver, BC, Portland, Inglewood, Palm Springs, San Francisco , New York City, Southern, The
Shares of AMC (AMC) surged 11.5% in Friday afternoon trading after the movie theater chain announced that “Taylor Swift: The Eras Tour” concert film had grossed over $100 million in advance ticket sales. “Taylor Swift: The Eras Tour,” already the most profitable concert film in history, opens on Friday, October 13. “Taylor Swift: The Eras Tour” also broke an AMC record for advance first-day ticket sales at $26 million. AMC Theaters Distribution, along with sub-distribution partners Variance Films, Trafalgar Releasing, Cinepolis and Cineplex, have reached deals with operators to show the film in over 8,500 theaters across 100 countries. The company said in a news release that ticket sales for the Eras Tour film were “setting domestic presale records.”For AMC, the rebound has come after sharp declines over two years.
Persons: Taylor, “ Taylor Swift, , Swift, AMC’s, Beyonce ” Organizations: CNN, AMC Entertainment, AMC, ” AMC, North, Trafalgar, Cinemark Holdings Locations: United States
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Amex Member Week 2023 will offer eligible cardholders presale ticket access, special experiences, and more. To find the right Amex card for you, read more about our picks for the best American Express cards. American Express Member Week 2023 detailsTo take full advantage of Amex Member Week, you need to have an Amex card, such as The Platinum Card® from American Express, the American Express® Gold Card, or The Business Platinum Card® from American Express. Amex Member Week exclusives span a number of categories, from entertainment and live events to retail offers. They can receive up to $165 in total value when making select purchases from the following merchants:DocuSignHertzInstacart BusinessLowe'sSquarespaceProducts in this post: The Platinum Card® from American Express, American Express® Gold Card, The Business Platinum Card® from American Express
Persons: , you'll, Amex, Olivia Rodrigo, Resy, Fermin Nunex, Matt Conroy, Isabel Coss, cardmembers, James Jarvis, DocuSign Organizations: Service, American Express, American, YouTube, Amex, Delta, Delta.com, Lufthansa, Qatar Airways, Regent Seven Seas, Seabourn, Bose Dell, DocuSign Hertz Locations: Delta, York City, Las Vegas, Miami, Austin , Texas, Washington ,
E-bike company Super73 released a bike for kids that can go up to 15mph and costs nearly $1,300. It can go up to 15 miles an hour on any terrain, comes in four colors – and costs $1,295. The K1D is aimed at 4 to 8-year-olds – the same age range when many children learn how to ride a bike. Crewse says his niece loves her K1D bike. Are you a parent who has bought an e-bike for your child, is considering buying one – or is a skeptic?
Persons: Super73, LeGrand Crewse, Crewse, she's Organizations: Service, moto, presale Locations: Wall, Silicon, California, New York City
[1/6] Home buyers stand inside an unfinished residential building of the Gaotie Wellness City complex in Tongchuan, Shaanxi province, China September 12, 2023. "I almost never drink water, wash my face or brush my teeth," said Shi, 39, who moved into the Gaotie Wellness City complex in May. I have no money now, I've lost my family property and all that's left is this unfinished building." Tongchuan city government and China's housing ministry did not immediately respond to a request for comment. To enter the complex, residents pick their way through an overgrown field, past abandoned construction machinery to a hole in the wall.
Persons: Tingshu Wang, Shi Tieniu, Shi, I've, I'm, Gao, Qi Xiaoxia, we've, Laurie Chen, Xiaoyu Yin, Lincoln Organizations: Gaotie Wellness, REUTERS, UBS, Tongchuan, Reuters, Buyers, Country, Thomson Locations: Tongchuan, Shaanxi, China, China's Shaanxi
China's Huawei launches Mate 60 Pro+ smartphone for presale
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
People walk past a Huawei store with advertisements for the Mate 60 series smartphones, at a shopping mall in Beijing, China August 30, 2023. REUTERS/Yelin Mo/File Photo Acquire Licensing RightsBEIJING, Sept 8 (Reuters) - China's Huawei Technologies on Friday started presales for its Mate 60 Pro+ smartphone, adding a new version to a series that has captured global attention for revealing the Chinese tech firm's success in beating back against U.S. sanctions. Specifications the company provided for the phone touted its capability to link-up to two satellites concurrently and larger internal storage versus the Mate 60 Pro. Speed tests shared by buyers on Chinese social media have suggested that the Mate 60 Pro is capable of download speeds exceeding those of top-line 5G phones. The company on Friday also launched the Huawei Mate X5, a new version of its foldable phone series.
Persons: Yelin, presales, TechInsights, Edmund Klamann, Stephen Coates Organizations: Huawei, REUTERS, Rights, Huawei Technologies, U.S, Semiconductor Manufacturing International Corp, HK, Beijing, Thomson Locations: Beijing, China, Rights BEIJING, Kirin
Country Garden: How bad is China's property crisis?
  + stars: | 2023-08-17 | by ( Clare Jim | ) www.reuters.com   time to read: +5 min
HONG KONG, Aug 17 (Reuters) - The debt crisis at Country Garden (2007.HK), China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China Evergrande Group (3333.HK) defaulted. S&P Global Rating said on Wednesday it could adjust its forecast for property sales to a "descending staircase" figure from an "L" shaped recovery, if Country Garden officially defaulted. However, it emerged when the property market and the economy are in much worse shape. Evergrande was already insolvent at the time of default, but Country Garden currently still has more assets than liabilities. Analysts warn that Country Garden could become insolvent if it had to write off large inventories, and run into negative equity if its asset values dropped over time.
Persons: Evergrande, Moody's, Lehman, Clare Jim, Sumeet Chatterjee, Stephen Coates Organizations: HK, China Evergrande, Local, Beijing, International, International Monetary, WILL, Communist Party, Thomson Locations: HONG KONG, Evergrande, China, Beijing
Chinese developers are allowed to sell residential projects before completion but are required to put those funds in escrow accounts. Local city governments permit them to withdraw a portion of the funds, depending on the progress of construction. China's housing ministry did not respond to Reuters request for comment on the tightening of developers' access to escrow funds. FALTERING HOUSING DEMANDThe new measures come as property demand is sluggish - China's property sales between May and June showed the largest monthly drop this year, based on sales by floor area, and investment in property also slumped. Under those rules, the authority has asked the bank to make escrow funds available only to developers who have other sources of funding to cover construction costs, said the person.
Persons: Gary Ng, Ng, Clare Jim, Tang, Sumeet Chatterjee, Muralikumar Organizations: Asia Pacific, National Bureau of Statistics, Thomson Locations: HONG KONG, BEIJING, Asia, Hunan, Hefei, Xiamen, Hong Kong, Beijing
Swifties in France are furious after Ticketmaster abruptly halted Eras Tour ticket sales for Taylor Swift's Paris shows. The company abruptly suspended ticket sales for the star's Eras Tour in Paris and Lyon shortly after presales started on Tuesday, leaving thousands of fans hanging. "The Taylor Swift sale | The 9 a.m. and 11 a.m. Eras Tour for Paris La Défense Arena has been put on hold. The Eras Tour ticketing situation got so bad that it even prompted a group of Swifties to file a complaint with the Federal Trade Commission. In March, the Ticketmaster platform also crashed during the ticket sales for the Eurovision Song Contest 2023.
Persons: Taylor, Taylor Swift, presales Organizations: Ticketmaster, Taylor Swift's, Lyon, Paris, Twitter, Paris La Défense, Federal Trade Commission, Eurovision, Coldplay Locations: France, Taylor Swift's Paris, Paris, Lyon, Mexico City, Singapore
A Singaporean bank's cardholders have exclusive access to presales for Taylor Swift concert tickets. Swiftie bachelors are going viral as they jokingly search for dates who happen to be cardholders. Over 300,000 fans are expected to attend the concert's Singapore dates, per The Straits Times. Dozens of other Taylor Swift fans are racking up thousands of likes with tweets in the same format. Over 300,000 fans are expected to attend the concert's Singapore dates, per the report.
Persons: Taylor Swift, Taylor Swift's, UOB, Keen, Swifties, that's, Swift, cardholders Organizations: Straits Times, Twitter, United Overeas Bank, Wall Street Locations: Singapore, Taylor Swift's Singapore, Japan, Malaysian, Asia, Malaysia, Indonesia, Thailand, Vietnam
The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. In India, fans are happy to pay a premium for quality entertainment, according to Owen Roncon, chief of business for Live Entertainment at BookMyShow. In Britain, about 150,000 music fans paid 340 pounds ($431)for a ticket to June's Glastonbury festival to see Elton John and hundreds of other acts.
Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Elton John, Jason Cairnduff, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, REUTERS, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Glastonbury, Somerset, Britain, Malaysia, Australia, India, Leeds, Kuala Lumpur, Bangalore
The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. Event prices in UK inflation data are based on when shows take place, not when tickets are bought. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. The U.S. Labor Department does not specifically measure inflation for concert prices, but the inflation rate for live performing admission events is currently 2.6 percentage points more than U.S. headline inflation.
Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Elton John, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Malaysia, Australia, India, Britain, Leeds, Glastonbury, Kuala Lumpur, Bangalore
Taylor Swift has announced 50 international dates for the Eras Tour across Mexico, South America, Asia, Australia, and Europe. Date Local venue time City June 23, 2023 6:30 p.m. Minneapolis, MN June 24, 2023 6:30 p.m. Minneapolis, MN June 30, 2023 6:30 p.m. Cincinnati, OH July 1, 2023 6:30 p.m. Cincinnati, OH July 7, 2023 6:30 p.m. Kansas City, MO July 8, 2023 6:30 p.m. Kansas City, MO July 14, 2023 6:30 p.m. Denver, CO July 15, 2023 6:30 p.m. Denver, CO July 22, 2023 6:30 p.m. Seattle, WA July 23, 2023 6:30 p.m. Seattle, WA July 28, 2023 6:30 p.m. Santa Clara, CA July 29, 2023 6:30 p.m. Santa Clara, CA August 3, 2023 6:30 p.m. Inglewood, CA August 4, 2023 6:30 p.m. Inglewood, CA August 5, 2023 6:30 p.m. Inglewood, CA August 8, 2023 6:30 p.m. Inglewood, CA August 9, 2023 6:30 p.m. Inglewood, CAHow to buy tickets for the Taylor Swift Eras TourTaylor Swift in promotion art for her album "Midnights." Beth GarrabrantTickets for Taylor Swift's Eras Tour in the US are now only available to purchase through resale sites like StubHub. How much are Taylor Swift Eras Tour tickets? In the US, general ticket prices for Taylor Swift's the Eras Tour started at $49 and went up to $449.
Persons: Taylor Swift, we've, São Paulo, Taylor, Beth Garrabrant, Taylor Swift's, Hayley Williams, Paramore, Josh Brasted, Beabadoobee, Phoebe Bridgers, MUNA, Haim, Gayle, Gracie Abrams Organizations: SG, Kansas, Ticketmaster, Singapore Locations: Mexico, South America, Europe, Asia, Australia, Here's, Mexico City, Buenos Aires, Argentina, Rio de Janeiro, Brazil, Tokyo, Japan, Melbourne, Sydney, Singapore, Paris, France, Stockholm, Sweden, Lisbon, Portugal, Madrid, Spain, Lyon, Edinburgh, United Kingdom, Liverpool, Cardiff, London, Dublin, Ireland, Amsterdam, Netherlands, Zürich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, United, Minneapolis ,, Cincinnati ,, Kansas City ,, Denver, Seattle , WA, Santa Clara , CA, Inglewood , CA
WASHINGTON — Lawmakers introduced a new bill on Thursday targeting ticketing fee disclosures in an effort to increase transparency in the entertainment industry. The "Transparency in Charges for Key Events Ticketing Act,'' or TICKET Act, is modeled after current advertising guidelines for airline tickets, which require disclosing the full ticket price before purchase. With every ticketing debacle, from Beyoncé to Taylor Swift, and so many more, their frustration grows," Schakowsky said in a statement. The House bill mirrors the Senate measure in mandating ticket vendors to display the total price of a ticket, including all required fees, in any advertisement or piece of marketing. Bilirakis said the bill will bring "much-needed transparency to the whole ticketing industry."
Persons: Jan Schakowsky, Gus Bilirakis, Taylor Swift, Schakowsky, Sens, Ted Cruz, Maria Cantwell, Biden, Cantwell, Bilirakis, Taylor Organizations: WASHINGTON — Lawmakers, Senate, New York, Office, Ticketmaster Locations: Beyoncé, Texas
Or, in other words, the Taylor Swift look. “This has become a wild year already for us because of Taylor Swift,” said Johnson, CEO of Hazel & Olive. Right: Taylor Johnson, founder and CEO of Hazel & Olive, wearing The Eras Sequin Fringe Dress. Taylor Swift performs onstage during night one of Taylor Swift | The Eras Tour at Nissan Stadium on May 05, 2023 in Nashville, Tennessee. Altar'd State stores have curated Taylor Swift looks for concert goers.
Private airline company K9 Jets is offering pet-friendly flights on a private jet. The airline is offering flights from New York, Lisbon, and London. Private airline company K9 Jets is offering pet-friendly flights on board a private jet. The airline is offering flights from New York, Lisbon, and London. Passengers looking to book one of the airline's private flights can register their interest via the company's website.
“My family [last weekend] took the gamble to drive down the 5 hours to Nashville to see if we could get face value tickets,” she said. Another Twitter account called @ErasTourResell, which has 120,000 followers, has gained significant traction working with resellers who want to sell their tickets at face value. The trio of twenty-somethings aim to make Swift tickets as accessible to fans as possible without them overpaying or getting scammed. “So far we’ve posted somewhere between 2,700 and 3,000 tickets, all for face value,” the trio said in a DM conversation on Twitter. “It’s truly so rewarding seeing these tickets go to real fans for face value when the resale market has insane prices with people making three times the profit.
But like many Swifties, I never got access to Ticketmaster's disastrous presale for the Eras Tour. I posted on a Taylor Swift ticket-selling Facebook groupI turned to Facebook after I didn't hear back from several sellers on Twitter. Joni SweetMy search for Taylor Swift tickets started on Twitter. I had come across @ErasTourResell, an account which connects hopeful concertgoers with people selling their Eras Tour tickets for face value. I searched for terms like "Taylor Swift resell" and "Eras Tour tickets" and joined a few groups that came up.
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