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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

☆ Ticketmaster issued more than 1 million queue numbers for Coldplay's Singapore concert. Rumbles of fury at the platform are rolling through Twitter as people say they got frozen out of purchases.
▼ + stars: | 2023-06-19 | by ( Amanda Goh | Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Ticketmaster issued more than 1 million virtual queue numbers for Coldplay's "Music of the Spheres" concert in Singapore. This is not the first time Ticketmaster has fumbled the ticketing experience for a big concert. Pre-sales for the concert started on Monday at 10 a.m. SGT, per a tweet from the concert organizer, Live Nation Singapore. About 1 million virtual Ticketmaster queue numbers were issued in total, local newspaper The Straits Times reported. Coldplay and Ticketmaster Singapore did not immediately respond to requests for comment from Insider.

Persons: — bev ng, Taylor, Swift stans, Alexandria Ocasio, Cortez Organizations: Ticketmaster, Twitter, Morning, Coldplay, National, of Singapore, Live Nation, The Straits Times, Nation Singapore, New York Rep, Eurovision, BTS Army, Ticketmaster Singapore Locations: Singapore, Live Nation Singapore, Alexandria

☆ This is the one question the Microsoft CEO asks to test AI's smarts
▼ + stars: | 2023-06-14 | by ( Steven Tweedie | ) www.businessinsider.com time to read: +3 min

Microsoft CEO Satya Nadella likes to test AI using a poetry prompt. Imagine you're the CEO of Microsoft, and you're testing out an early version of OpenAI's most powerful AI model, GPT-4. Well, now we know, thanks to a new interview Microsoft CEO Satya Nadella recently gave to Wired. Jalaluddin Rumi, or Rumi as he's most commonly referred to, was a Persian poet who lived during the early 13th century. The Microsoft CEO told Wired that seeing GPT-4 accomplish this early on was a "mind-blowing experience."

Persons: Satya Nadella, Rumi, GPT, Nadella, Jalaluddin Rumi, it's, I'd, Coldplay, Chris Martin, Madonna, Tilda Swinton, Hossein Behzad, Robert Frost Organizations: Microsoft, Wired, BBC, Google Locations: Hyderabad, India, Persian

☆ From Mine to Battery: Indonesian Nickel Drives the World’s EV Market
▼ + stars: | 2023-06-13 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

The Tech Behind How Concert LED Light Wristbands Work From arena-sized concerts like Taylor Swift or Coldplay to the Super Bowl halftime show: wearable LEDs have turned the audience into part of the show. WSJ goes behind the scenes with one LED company, PixMob, to see the tech behind the wristbands. Photo illustration: Madeline Marshall

Persons: Taylor Swift, Madeline Marshall Organizations: Coldplay, Super

☆ How Noise-Canceling Headphones Remove Background Sound
▼ + stars: | 2023-06-12 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Taylor Swift, Madeline Marshall Organizations: Coldplay, Super

☆ Brian Eno is planning his first-ever solo tour
▼ + stars: | 2023-06-05 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —At the age of 75, legendary musician and producer Brian Eno is planning to embark on his first-ever solo tour. “‘Ships’ features an orchestral adaptation of Eno’s acclaimed 2016 album, ‘The Ship’ as well as new and classic Eno compositions,” the post reads. Known for his ambient compositions, Eno was a founding member of British art rock band Roxy Music, which shot to fame in the early 1970s. He will appear alongside Baltic Sea Philharmonic, with Estonian-American conductor Kristjan Järvi orchestrating and conducting a performance commissioned by the Venice Biennale, the Instagram post adds. “This performance marks Brian Eno’s first live tour in a five decade solo career and also his first appearance with orchestra,” it continues.

Persons: Brian Eno, “, Eno’s, Eno, Laurie Anderson, James, Jane Siberry, Kristjan, Brian Eno’s Organizations: CNN, Venice Biennale Musica, Music, Coldplay, Baltic Sea Philharmonic, Estonian, Venice Biennale, biennale Locations: Berlin, Paris, Dutch, Utrecht, London, American, Venice

☆ WSJ Exclusive: An Interview With Ukraine's Volodymyr Zelensky
▼ + stars: | 2023-06-03 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Taylor Swift, Madeline Marshall Organizations: Coldplay, Super

☆ China’s M&A Star Told His Employees to Be Bold—Then He Disappeared
▼ + stars: | 2023-03-17 | by ( Jing Yang | Rebecca Feng | ) www.wsj.com time to read: 1 min

Fan Bao set out to build the JPMorgan of China, successfully straddling the divide between China and the West. In mid-January, star Chinese investment banker Fan Bao , architect of the deals that created some of China’s most dominant technology companies, appeared at his bank’s annual party in Beijing. He brought along his children, who played instruments and performed a rendition of the Coldplay hit “Yellow.” He exhorted the hundreds of staffers in attendance to “Go Forward Boldly.”A few weeks later, he disappeared.

☆ Argentina’s inflation tops 100% for the first time since 1991
▼ + stars: | 2023-03-14 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +1 min

CNN —Argentina’s yearly inflation rate rose past 100% for the first time in three decades, according to new figures released by the country’s statistical body INDEC, as the government struggles to control rising prices. Prices rose 102.5% in February compared to a year before, INDEC said, placing its inflation rate amongst the highest in world. Prices rose 6.6% between January and February and 13.1% in the first two months of the year combined, according to the figures. Argentina has been battered by crippling inflation and February is the 13th straight month that the South American country reported a monthly inflation rate above 4% – generally considered a threshold for healthy economies. Among them are the ‘Dollar Malbec,’ for wine producers, ‘Dollar Qatar’ for agencies selling travel packages to the 2022 FIFA World Cup, and the ‘Dollar Coldplay’ for concert organizers.

☆ How Jimmy Kimmel Fixed His Back Pain by Reading a Book
▼ + stars: | 2023-03-06 | by ( Lane Florsheim | ) www.wsj.com time to read: 1 min

‘Jimmy Kimmel Live’ debuted 20 years ago. Earlier this year, Jimmy Kimmel celebrated the 20th anniversary of his late-night talk show by having three of the guests who appeared on the very first episode of Jimmy Kimmel Live return: George Clooney, Snoop Dogg and Coldplay. There was one aspect of that 2003 taping, though, that Kimmel, 55, and his team definitely did not want to replicate. “Someone in the third row vomited right in the middle of the show,” says the comedian and host. “It’s funny because we’ve always assumed she was drunk, but I recently watched a tape of the first show and I’m not so sure.

☆ Orchestra turns trash to music and environmental activism in Bolivia
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

[1/5] Women waste pickers from the city of La Paz pose near the musicians of the Paraguayan Cateura Recycled Instruments Orchestra, at the Sak'a Churu landfill in Alpacoma, in La Paz, Bolivia February 27, 2023. But the garbage was the point, as the young musicians who make up Paraguay's Cateura orchestra use recycled materials to make their own instruments, "transforming trash into music," according to Fabio Chavez, one of the performers. "It's very beautiful and I was really surprised with these recycled instruments," said worker Silveria Vega. The concert played out as local officials in La Paz aim to minimize the environmental impact of garbage dumps, especially the risk they can pose to ground water supplies. Bolivia's capital produces some 670 tonnes of trash every day, according to official data.

☆ Grammys 2023: A Beyoncé vs. Adele Rematch, and Everything Else You Need to Know
▼ + stars: | 2023-02-03 | by ( Neil Shah | ) www.wsj.com time to read: 1 min

Even among the many Grammy Awards shows with highly competitive races between artists, this year stands out. Consider all the questions fans have to pore over: Will it finally be Beyoncé’s year? If so, where does that leave Kendrick Lamar? Will Bad Bunny make history for Latin artists? Or will coveted prizes go to industry titans like Adele and Taylor Swift and insider picks such as ABBA and Coldplay?

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

On the agenda today:But first: Ashley Stewart, a chief tech correspondent, is giving us a behind-the-scenes look at Salesforce's succession crisis. Salesforce's Marc Benioff. Jemal Countess / StringerOver the past week or so, at least six top executives from Salesforce and its subsidiaries announced plans to leave, Ashley Stewart, chief tech correspondent, writes. Company insiders attribute these departures to co-CEO Marc Benioff exerting increasing control over the company, adding that he's driven away his closest lieutenants while dialing up performance pressure on employees. The departures have created a crisis in leadership at Salesforce.

☆ Here's what Charles Schwab's Liz Ann Sonders has to say about the economy, her favorite book, and investing in a recession
▼ + stars: | 2022-12-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +7 min

Today's newsletter features my conversation with Liz Ann Sonders of Charles Schwab, and why she thinks the economy's already in a recession. Charles SchwabLiz Ann Sonders is the chief investment strategist at Charles Schwab. Phil Rosen: Can you explain your "rolling recession" assessment of the US economy? Liz Ann Sonders: Typically when you go into a recession, everything's sort of hit all at once. Read the full interview with Liz Ann Sonders here.

☆ Citadel celebrates banner year at Disney as Wall Street nurses losses
▼ + stars: | 2022-12-06 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +4 min

NEW YORK, Dec 6 (Reuters) - For much of Wall Street, trading this year has been like riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedge fund and trading business founded by Ken Griffin, last weekend was spent riding the real things. This year is shaping up to be a record for Citadel and Citadel Securities, Ahmed confirmed. Across Wall Street, firms are preparing for leaner times by cutting jobs and bonuses, while many Americans are struggling with rising prices for food, gasoline and rents. After the 2008 financial crisis, Wall Street firms that were criticized for their excesses have sometimes shied away from lavish gatherings or held them in private.

☆ Citadel celebrates banner year at Disney while Wall Street nurses losses
▼ + stars: | 2022-12-06 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +4 min

NEW YORK, Dec 6 (Reuters) - For much of Wall Street, trading this year has been akin to riding a wild roller coaster. This year is shaping up to be a record for Citadel and Citadel Securities, the spokesman confirmed. The Citadel Global Fixed Income Fund is up 28.1% for the year, while Citadel Tactical Trading is up 22.4% and Citadel Equities Fund is up 17.8%, an investor said. Across Wall Street, firms are preparing for leaner times by cutting jobs and bonuses. After the 2008 financial crisis, Wall Street firms that were criticized for their excesses have sometimes shied away from lavish gatherings or held them in private.

☆ Banker bonuses are set to be so bad even the firm's revenue drivers are going to get dinged
▼ + stars: | 2022-12-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

A man pauses outside of the New York Stock Exchange (NYSE) on January 15, 2016 in New York City. While they aren't internally announced and paid until early next year, firms are wrapping up discussions about the size of bonus pools that divisions will be able to disperse from. And for many firms, the pools are being resized from Olympic to kiddie. The Financial Times reported Friday that JPMorgan Chase, Citigroup, and Bank of America are considering cutting bonus pools within M&A and IPO teams by 30%. More on how crypto firms are hoping ads can quell trust concerns.

☆ Citadel's anniversary extravaganza: Billionaire Ken Griffin treats employees to Disney World and a Coldplay concert amid a stellar year for the hedge fund
▼ + stars: | 2022-12-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

Billionaire Ken Griffin treated Citadel employees and their families to a weekend at Disney World. The 20th-anniversary event for Citadel Securities is one of many lavish events for the firm. This weekend, founder Ken Griffin treated Citadel and Citadel Securities' employees and their partners and children to an all-inclusive weekend in Disney World. The Disney World extravaganza was the 20th-anniversary celebration of market maker and trading firm Citadel Securities, and a belated event for hedge fund Citadel's 30th anniversary, which was in 2020. Citadel employees and families gathered at the Orange County Convention Center in Orlando, Florida on Saturday night for a party that featured a concert headlined by Coldplay.

☆ Factbox: Key winners at the 2022 American Music Awards
▼ + stars: | 2022-11-21 | by ( Danielle Broadway | ) www.reuters.com time to read: +1 min

Nov 20 (Reuters) - The 2022 fan-voted American Music Awards were handed out at a ceremony in Los Angeles at the Microsoft Theater on Sunday, hosted by Wayne Brady. Following is a list of winners in key categories;ARTIST OF THE YEARTaylor SwiftNEW ARTIST OF THE YEARDove CameronCOLLABORATION OF THE YEARElton John & Dua Lipa -- "Cold Heart"FAVORITE TOURING ARTISTColdplayFAVORITE MUSIC VIDEOTaylor Swift -- "All Too Well (Taylor's Version)"FAVORITE MALE POP ARTISTHarry StylesFAVORITE FEMALE POP ARTISTTaylor SwiftFAVORITE POP DUO OR GROUPBTSFAVORITE POP SONGHarry Styles -- "As It Was"FAVORITE MALE COUNTRY ARTISTMorgan WallenFAVORITE FEMALE COUNTRY ARTISTTaylor SwiftFAVORITE COUNTRY DUO OR GROUPDan + ShayFAVORITE MALE HIP-HOP ARTISTKendrick LamarFAVORITE FEMALE HIP-HOP ARTISTNicki MinajFAVORITE ROCK ARTISTMachine Gun KellyFAVORITE POP ALBUMTaylor SwiftReporting by Danielle Broadway; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ American Music Awards 2022: See the winners list
▼ + stars: | 2022-11-20 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

CNN —The 50th American Music Awards are taking place on Sunday night at the Microsoft Theater in Los Angeles. Elton John, first nominated for an AMA in 1974, is now regarded as the longest-recognized artist in the awards show’s history. Taylor Swift led the pack with three AMA wins ahead of broadcast, including best female country artist. Below is a list of nominees for this year’s American Music Awards. The list will be updated with winners in bold throughout the broadcast, along with the winners from non-televised categories.

☆ Factbox: Key nominations for the 2023 Grammy Awards
▼ + stars: | 2022-11-15 | by ( Danielle Broadway | ) www.reuters.com time to read: +3 min

Nov 15 (Reuters) - Nominations for the music industry’s Grammy Awards were announced during a livestreamed program at the Grammy Museum on Tuesday. The following is a list of nominations in key categories. RECORD OF THE YEAR“Don't Shut Me Down” - ABBA“Easy On Me” - Adele“BREAK MY SOUL” - Beyonce“Good Morning Gorgeous” - Mary J. Blige“Woman” - Doja Cat“Bad Habit” - Steve LacyALBUM OF THE YEAR“Voyage” - ABBA“30” - Adele“Un Verano Sin Ti” - Bad Bunny“RENAISSANCE” - Beyonce“Good Morning Gorgeous (Deluxe)” - Mary J. Blige“In These Silent Days” - Brandi Carlile“Music Of The Spheres” - Coldplay“Mr. (Let's Go)” - Hitkidd & GloRilla“The Heart Part 5” - Kendrick LamarBEST ROCK PERFORMANCE“So Happy It Hurts” - Bryan Adams“Old Man” - Beck“Wild Child” - The Black Keys“Broken Horses” - Brandi Carlile“Crawl!” - Idles“Patient Number 9” - Ozzy Osbourne Featuring Jeff Beck“Holiday” - TurnstileBEST COUNTRY ALBUM“Growin' Up” - Luke Combs“Palomino” - Miranda Lambert“Ashley McBryde Presents: Lindeville" - Ashley McBryde“Humble Quest” - Maren Morris“A Beautiful Time” - Willie NelsonThe 2023 Grammy’s will take place in Los Angeles at the Crypto Arena on Feb. 5. Reporting by Danielle Broadway Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ Brian Eno Reveals the Hidden Purpose of All Art
▼ + stars: | 2022-11-14 | by ( David Marchese | ) www.nytimes.com time to read: +19 min

I think I’m still answering it. I’m absolutely fascinated by this question, because I think I have an answer, and I don’t think it has ever been well answered. Since we’re talking about how things work: How do you want your new album to work for people? You have to take that on board as being one of the things that’s happening in culture and quite different from the story that we’re generally hearing. I don’t think many people take that as seriously as I do.

☆ Why Taylor Swift, Bruce Springsteen tickets will be more expensive and tougher to get
▼ + stars: | 2022-11-13 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

When those tickets go on sale later in the week, it'll likely be minutes before they all sell out. Joe Berchtold, Live Nation president and chief financial officer, said on the company's third-quarter earnings call with analysts on Nov. 4 that "this is structurally a level of spend that we're seeing from the consumer now." And we're seeing a relatively strong inelasticity on the demand for those best tickets," he said. Berchtold said that Live Nation's outlook for stadium tours next year – boosted by Swift – will be "far and away the largest stadium we've ever had." That means there will likely be no end to the high demand for tickets.

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