VIP newsletter August07.indd - VIP

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PREMIUM ›› VOL. 94 ›› AUGUST 2007
McGowan’s Musings:
So, following our break, we’re glad to be
back with, regrettably some bad news to
report initially. The early part of the European summer touring and festival season
has had more of its fair share of misfortune. In Germany on June 21 a paramedic
was killed by flying debris after 75 mph
winds demolished the tent stage at the
Southside Festival. Riggers Benno Goldewijk, and Alfredo Pecina Matias died
in a fall from The Rolling Stones set at the
Vincente Calderon stadium Madrid on
June 29, and Neil ‘Nelly’ Bates fell to his
death at Bray Studios in Windsor, Berkshire
whilst working on the July 21 load-out following The Cure’s pre-tour production rehearsals. All at Vip send their condolences
to families and friends.
Severe weather beset a large part of the
Festival programme, at worst, high winds,
torrential rain and floods caused the death
at Southside and injuries at the Heineken
Jammin’ Festival in Venice, others escaped
casualties but as with Glastonbury and
Roskilde were turned into seas of mud.
In the UK events were cancelled and with
those festivals still to take place (as we go
to press) like V and Reading, it is literally
all hands to the pumps!
For some, thankfully, as reported in this
News, the sun shone, but with weather
patterns changing as they are, organis-
Allan McGowan
ers are increasingly realising that nothing
can be taken for granted in the future.
Research has, I am sure, already begun for
new precautions and safeguards, insurance arrangements will be looked at very
closely by both insurers and promoters,
and in some cases this year will be the
last. It seems however that festival goers
refuse to be put off – T-in the – Park for
instance sold all tickets for 2008 a few
days after mopping up this year’s event.
Perhaps it’s time to move into the rubber
boot business – now there’s a branding
opportunity!
This month’s Musings has a sombre tone
and I’m afraid we have one more piece of
bad news to report; one of the UK’s major
music industry characters, Tony Wilson,
passed away on Friday August 10, aged
57. The entrepreneur, who founded Factory records, the label behind New Order
and the Happy Mondays, and set up the
Hacienda nightclub and the In the City
music trade event in Manchester, had
been suffering from kidney cancer. He will
be missed.
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Well, in conclusion it is obvious that apart
from doing all we can to ensure that we
take all aspects of health and safety very
seriously in our personal and business
lives, we’re never going to completely see
off the forces of nature or the Grim Reaper,
so let’s just make sure we do the best we
can, and enjoy life while we’re at it!
In an effort to lighten the mood, I draw
your attention to a recent report on the
music industry by respected market research company Mintel, which states:
‘Live music is enjoying a renaissance,
with record numbers of fans going to
concerts. Far from killing live entertainment, the boom in downloading music
from the internet also appears to be encouraging ever more people to see their
favourite performers in the flesh. The
amount of money being spent on live
music, which had been in steep decline
just a few years ago, has been revived
by a combination of new venues, the
festivals boom and networking websites
such as YouTube, MySpace and Bebo. An
estimated £743million (I presume this is
UK only) was spent on live music this year
in venues ranging from the back room of
pubs to the new 90,000-seat Wembley
stadium. That represents an eight per
cent rise on last year.’
So, there you go - here’s the News!
VIP- News - A u g u s t 2 0 0 7
Adam Driscoll - Mama Group
Mama Gets Bigger
– The Fiddler Becomes a Republic
Allan McGowan [email protected]
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The ambitiously expanding Mama Group set
up in 2002 by Channelfly founder Adam Driscoll and joint chief executive Dean James,
has extended its stable of London venues
by buying the original Mean Fiddler in Harlesden, North-West London, along with the
Jazz Cafe, The Garage and The Borderline,
as well as a majority stake in Britain’s best
known gay club operator G-A-Y – from The
Mean Fiddler Group. Reports of the purchase price vary between 6 and £8m.
The iconic Mean Fiddler was Vince Power’s
original club, from which he built the hugely successful Mean Fiddler Group. It was one
of the capital’s favourite music venues in the
1980s and 1990s, but the venue closed five
years ago and has stood unused ever since.
Melvin Benn, formerly MD of MFMG, has
formed the new company Festival Republic
to further exploit the original Company’s
festival assets including Reading and Leeds
and the interest in Glastonbury. MAMA did
not purchase these and although they are
now owners of the Mean Fiddler brand and
Web site, through the terms of the deal, the
Group cannot use the name for festivals
with capacities in excess of 10,000. Festival
Republic has indicated that the sum received from MAMA will be invested in plans
to extend their festival business to the US.
The upcoming Reading and Leeds festivals
take place from Aug. 24, with headliners Red
Hot Chili Peppers, Smashing Pumpkins and
Razorlight. These will no doubt see The Festival Republic brand given its first airing.
The Mama Group, which is listed on the
junior Aim market recently purchased the
Hammersmith Apollo and the Forum in
Kentish Town and owns seven Barfly music
venues around Britain, now has the right to
trade under the Mean Fiddler name.
The sites were sold by Mean Fiddler Group, a
business taken private two years ago jointly
by US firm Live Nation, the world’s largest
live music group, and Irish veteran promoter Denis Desmond, having bought out rival
and founder Vince Power for £13m.
Melvin Benn - Festival Republic
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Summer in Benicassim
Jake McGowan [email protected]
VIP lounge at Benicassim
So once again I find myself amongst the
ever-increasing British population that
decide to forget about the soggy summer
at home, and retreat to warmer climates
for our summer festival needs. This year
I was amongst the 150,000 who traded
wellies for flip-flops, at the Festival International de Benacassim, FIB’07.
» Our streets are flooded with
humanity, inspiration and rave,
Benicassim touches the stars
lifted by your youth and hymns
of freedom...«
- Mayor Francesco Colomer
Older comeback acts including Iggy
and the Stooges, Devo and Dinosaur
Jnr shared the stage with headline indie
acts including Arctic Monkeys, Muse and
Kings of Leon, with a smattering of local
Spanish bands and electro acts, keeping
the fiesta going till dawn.
is acceptable compensation for 5 days of
youthful disruption.
The town’s Mayor Francesco Colomer
seems to enjoy all that the festival brings
to his constituency, his statement- slightly strangely translated, and found stuck
to a wall in the town’s tourist information
centre- reads like the words of a very tolerant and wise man.
“Our streets are flooded with humanity,
inspiration and rave, Benicassim touches
the stars lifted by your youth and hymns of
freedom. It is the universal magic of music,
the triumph of life and arts over decadence
and tiredness. FIB is a transfusion of tolerance in a world sick of selfishness. Benicassim shares its beat with the world, in days of
vanguard and nights of fraternity”
The acts at this year event supplemented
a long list of musicians that have been en-
ticed to the event, due to its reputation of
being a fantastically run festival in a great
setting, with the clincher of a backstage
pool and hospitality area, which easily
sets the standard for the European festival circuit. The first time I heard of the
now infamous stage side pool was an
anecdote on how Belle and Sebastian extended an extensive world tour to return
to FIB, purely to dip their toes in the pop
ridden pool before and after their performance.
As the event has increased with popularity so has its media coverage, evident in
the hospitality areas, completely filled
with reporters and camera crews performing quick rotation interviews with
the weekend’s performers. 800 reporters
from 225 different Spanish outlets were
in attendance with a further 364 foreign
press attendees from 169 outlets. Maybe
it was the ever-present lenses that kept
the usual rock and roll hospitality area
clichés from happening, although last
year’s Pete Doherty and Shane MacGowan tag team would definitely be a hard
act to follow.
Another seamless event occurred between the ocean and mountains this year
and with 180 tickets sold on the final day
for next year’s event, even without one
band confirmed for the line up, 2008
looks set to be another quick sell out.
Since 1995 FIB has been transforming the
town of Benicassim (near Valencia) into
a cultural concoction of arts and music,
and now in its 12th year shows no sign of
slowing down in diversity or popularity.
The local residents -I hope- have got used
to the influx of young folk flocking to this
usually sedate commuter town of Spain,
if not, then I’m sure the 14 million euros
input to the local community’s economy
Backstagepool at Benicassim
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Popkomm Goes Live
Allan McGowan [email protected]
For the first time, with the market for concerts and live acts booming, Popkomm
2007 will be presenting its own Live Entertainment Area, under the banner of ‘Life
is Live’ for representatives of the concert
business. This year’s edition will take place
from September 19-21 and Vip will be co
- hosting the area.
A face usually more associated with the ILMC
will appear on the Popkomm podium when
Carl Leighton Pope, MD of The LeightonPope Organisation delivers a keynote speech
focussing on the role and the responsibilities
of the live industry in the music business at
midday on Friday, September 21st. Also the
following conference will kick off the event:
Live Entertainment
– The Culture and Economic Factor
This year’s Popkomm opening event in Berlin’s Palais am Funkturm on the 18th September is the conference “Live Entertainment - Culture and Economic Factor”. With
support from the Ministry for Economics
and Technology together with the Federal
Government Commissioner for Culture
and the Media, the German Association of
the Promotions Industry (idkv) is hosting
the event in cooperation with the trade
magazine musikmarkt+musikmarkt LIVE!
and Popkomm.The conference addresses
the three central issues of the branch’s legal framework: the future of reduced tax
liability in the light of the European Court
of Justice’s ruling, various current tax legislation problems in the branch and artist
social security contributions liability when
working together with foreign tour producers and in events abroad. In addition to
numerous renowned branch experts from
all over Europe the association was able to
attract European Commission representative Mr. Volker Heydt as well as Secretary
of State Dr. Barbara Hendricks from the
Federal Ministry of Finance and Secretary
of State Heinrich Tiemann from the Ministry of Labour and Social Affairs. The finale
of the event will be a debate between MPs
from all parties of the German Bundestag,
all of whom are either culture or industry
politicians.
“The event is about compiling suggestions
to optimise the framework of live entertainment as the strongest revenue factor in the
promotion industry”, Jens Michow, president of the German Association of the
Promotions Industry, outlines the conference’s aims. “It’s not about the promoters
themselves. In the planning and running of
any event there are regularly a whole host
of service companies involved. A prospering
German promotion branch is a guarantee for
thousands of jobs and apprenticeships. And
last but not least we are an indispensable
motor for the German culture industry. The
Federal Government Commissioner for Culture and the Media, Minister of State Bernd
Neumann, will give the opening speech for
the conference.”
Following this Secretary of State Dagmar
Wöhrl from the Federal Ministry of Economics and Industry will inform the participants of the ministry’s current engagement in the area of creative industries in
Germany. In its conferences “Music as an
Economy” the German Association of the
Promotions Industry (idkv) has already, in
2002 and 2004, dealt with the general conditions of the music business and specifically the promotion industry. With the new
conference “Live Entertainment - Culture
and Economic Factor” the promoters are
underlining the fact that this year’s event
focuses exclusively on the legal frame
work of the promotion industry. With an
annual turnover in excess of three billion
Euros the branch has occupied first place
in the music business turnover rankings in
recent years.
A participation fee of €150 (incl. VAT) for
the conference applies. Lunch and drinks
are included in the price.
For registration and further information
contact: [email protected]
Color Line Arena starts ‘Non-Smoking’ into
the next season
Allan McGowan [email protected]
Following the new German ‘non-smoker
protection law’, Color Line Arena in Hamburg will be a non smoking venue effective
as of the start of the new season 2007/2008.
The bowl itself has been a non-smoking
area already since the opening of the arena.
Smoking will only be permitted in the sky
boxes (70 business boxes, 3 group boxes
and 1 business club box) but not on the balconies. Color Line Arena will of course set
up various areas for smokers – particularly
near the main entrances and on the patios.
Color Line Arena has decided to be proactive, before the new law becomes effective
on January 1st, 2008. Color Line Arena General Manager Uwe Frommhold says: “We
host more than one million guests per year
and believe, that it’s the right way to start the
conversion of the law with the beginning of
the new season.”
Color Line Arena - Hamburg
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New Manager
for Hultsfred
ADE 2007 – The Acts Line Up
Allan McGowan [email protected]
Manfred Tari [email protected]
For professional ravers it’s a must. The
Amsterdam Dance Event (ADE) is the
annual gathering for the dance music
business community But ADE is also an
event that attracts the consumers that
pay the professional’s wages bringing a
club audience of about 65.000 visitors
to Amsterdam for the ADE festival.
»The festival takes places in
around 30 venues...«
Per Alexandersson
Director Hultsfred Festival
Following the sacking of JP Bordahl said to be due to poor ticket
sales following this year’s mid June
festival Per Alexandersson, currently the manager of Malmö Festival, will be returning to Hultsfred
to take over as Director.
Alexandersson will start at Hultsfred in the middle of September
after completing this edition of
the Malmö event. Lennart Beijer, Chairman of the organization
Rockparty behind the festival, says
that the focus will be to get the festival’s economy back in order and
complete next years festival. Alexandersson was one of the founders of Rockparty nearly 26 years
ago and without him the festival
would not have started in the first
place. He also worked with the festival for many years before moving
onto other challenges.
ADE General Manager Richard Zijlma
explains where these masses come
from: “Last year 15,000 people came from
outside the Netherlands and this year we
expect more visitors from abroad, after
all where else can you find a city festival
providing such a rich and diverse line up
of DJ’s/acts performing in one place”.
The festival takes places in around 30
venues such as the Escape, Fantasio,
Flex Bar, Hotel Arena Tonight, Jimmy
Woo, The Mansion, Melkweg, Café Pakhuis Wilhelmina, Odeon, OT301, Panama, Paradiso, Powerzone, Rain, The
Sand, Studio K, Sugar Factory, Studio 80,
Winston Kingdom, The Zebra.
Confirmed artists so far are Adultnapper (us), Live: Alpha Omega (uk), Live:
Alter Ego (de), Andy Norman (uk), Andy
Stott (uk), Benjamin Bates (nl), Live:
Bogusman (be), Dave Clarke (uk), Dave
Vega (de), Live: David Gilmour Girls (nl),
David Guetta (f), Dennis Ferrer (us),
Digital Mystikz (uk), Dirt Crew (de), DJ
Andy Daniels (uk), DJ Benno Blome
(de), DJ’s Dash & Bx (uk), DJ Eddie Argos
(uk), DJ FeatureCast ( uk), DJ $jammie
the Mon€y (nl), DJ Joyce Muniz (br), DJ
Marcelle (nl), DJ Sun-E (nl), & Dexon (nl),
Live: Ebola (uk), Live: Electric kettle (f),
Erick Morillo (us), Fedde Le Grand (nl),
Flow (KRANG, nl), Granite & Phunk (us),
GusGus (is), Live: Gregor Tresher (de),
HEY-O HANSON (de), Ingy (nl), Jean (nl),
Johannes Heil (de), Judge Jules (BBC Radio 1, uk), John Doe (nl), Jussi-Pekka (f),
Live: Justin Harris (UK), KRANG (nl), Laidback Luke (nl), Lucky Goat (nl), Marco V
(nl), Martin Eyerer (de), Martinez (se),
Live: Mason (nl), Mattafix (uk), Maurizio
Vitiello & Uto Karem (it), Live: Dj Metope
(de), Menno de Jong (nl), DJ Matthew
Dekay (nl), Michel de Hey (nl), Live: Miss
Kittin & The Hacker (f), Moonbootica
(de), Mr. Oizo (f), Live: Neil Landstrumm
(uk), Nocturnalists (uk), Nouvelle Vague
(f), Oliver Huntemann (de), Olivier Klein
(de), Paul van Dyk (de), Live: Pink Skull
(us), Peter Eilmes aka Platten Peter (de),
Peyton/Hed Kandi (uk), Pilooski (fr),
Plastician (uk), Live: Play Paul (f), P. van
Dongen (nl), Pressure (ie), Ramses (be),
Raymundo (nl), Rino Cerrone (Loose
Records, it), Live: Receptor (live), (de),
Robert Babicz (p), Robert Owens (us),
Ron Carroll (us), Ryan Marciano & Sunnery James (nl), Saïg/laptop set (uk),
Live: Sickboy Milkplus (be), Sinden (uk),
Skream (uk), Speedy J (nl), Steven Quarré (nl), Stonebridge (se), Swedish House
Mafia (se), Terry Toner (nl), Live: Three
Cheers for Dirty (f), Tiesto (nl), Live: Todd
Bodine (de), Tomcraft (Kosmo Music,
de), Vitalic (f), Live: Yogi Rumblist (f).
The convention will again be located in
the Felix De Meritis in the centre of the
town. Until October 1 the registration
fee is 240 Euro. The dates for ADE 2007
are October 18 to 20. For further information please check:
www.amsterdam-dance-event.nl
ADE General Manager Richard Zijlma
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CTS Eventim - The Price Debate
Manfred Tari [email protected]
It was SES Research who prompted a debate about the share price of CTS Eventim
at the beginning of July. The main essence
of the 51 page research report was already
expressed in the headline: ‘The Completely Wrong Price’. The Analysts of SES
Research prognosticated a price target
for CTS of just 19 Euros at a time when the
share price was still indicated at 36.28.
In a highly critical resume the analysts of
SES Research came to a sell conclusion
for CTS shares. Immediately after the report was published on July 10 the share
came under pressure and dropped below
32 Euro, recovering slightly, hitting the
34 Euro border before dropping again to
just 28 Euro at the beginning of August.
The share again recovered to 30 Euro but
then followed the general negative trend
on the stock market caused by the US loan
crisis and finally went down to 27.36 Euro.
However, although the report starts, “Everything looks so simple...”. What follows is a
summary of almost every negative aspect
that could affect business development
for CTS Eventim. The exclusive deal by CTS
with Live Nation expires in mid 2008; also
the high profit margins in the CTS ticketing
division attracted the interests of competitors. Furthermore SES Research revealed
that adjusted figures excluded from ticket
sales of the 2006 Championship have appeared in the 2007 first quarter report,
putting these results under pressure.
The high profit margins in the ticketing
division of CTS have in the past been the
driving force for the share price. SES Research expects a negative news flow and
currently cannot identify potential growth
structures for the company. Rather the
analysts report concludes that the international expansion plans of CTS Eventim
failed, that the ticketing software is not
well developed and that may need a cost
intensive improvement. SES Research also
identifies Ticketmaster, Ticketonline, Ticketcorner and Ticketpro as competitors
The analysts checked almost every single
aspect of CTS and highlighted even minor
details, for instance; that the office building used by most of the staff for which CTS
pay a rent of about 400.000 Euros is owned
by CEO Klaus Peter Schulenberg. It also reveal that the KPS Concertbüro (Klaus Peter
Schulenberg) which promotes 60 to 70
shows per year with acts such as Rolling
Stones, Grönemeyer, Take That or The Police in Northern Germany, is not part of the
CTS Group. As such SES Research indicates
a possible conflict of interests.
founder Schulenberg so far was, and still
is, the most successful entrepreneur, having been able to bring together some of
Germany’s top promoters and impresarios
under one company roof. But this report
removes something of the promise that
normally inspires investors to invest in a
company.
Since the US loan crisis has hit the market it
will become even harder for CTS to retain
former share prices of 36 Euro and above.
Even if the Company is able as in previous
years to maintain the high level of record
results, it looks like it won’t be the same.
CTS need to revamp its growth story including the reality that the risks are rising.
The report shows that the authors of this
analysis, Jochen Reichert and Robert
Suckel did their homework, and reveals
an extensive knowledge of details. This
has created a particularly inconvenient
summer For CTS. Nevertheless the Company is still the undoubted market leader
in the German concert market and CTS
Klaus Peter Schulenberg owns the office
building where CTS has it’s headquater
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Ingenious Raise Capital for
Live Entertainment Investments
Manfred Tari [email protected]
Ingenious Live VCT has raised exactly
£18,485,690 for investments within the
live entertainment sector. The fund was
launched in November 2006. Ingenious
also announced an agreement with The
Rival Organisation to co-promote a series of ‘Open air picnic concerts at stately
homes in 2008’. Besides the open air
events The Rival Organisation intends to
realize new concert venues in the UK.
In the announcement Duncan Reid, Commercial Director of Ingenious, commented on the agreement: “The Rival Organisation has an established track record of
delivering commercially successful open air
concerts and we are pleased to support its
2008 summer schedule and the roll out of
the format to new venues next year.”
In July Ingenious released a press release
declaring that it would invest in the ‘Underage’ and ‘Field Day’ music festivals.
Ingenious act as co-promoter for these
events cooperating with Waxarch Lim-
ited, the company that promotes the Underage Club, an exclusive concert series
for an under 18 years target group.
Reid describes Underage as: “A successful
club brand providing entertainment to a significant market not catered for elsewhere. As
such, it has significant commercial potential
in the live entertainment market and we are
confident that Field Day will have similar appeal as already indicated by very strong early
ticket sales. There has already been considerable public demand for this summer’s festivals and we anticipate a long term relationship with Waxarch to develop the shows and
roll them out to other venues.”
bit more than usual. We feel Ingenious will
allow us to grow Underage and Field Day
organically by giving us the backing and
expertise needed to take this out of London
and regionally. This is a great partnership.”
Tom Baker from Waxarch (and Eat Your
Own Ears) said: “We are very excited to
be working with Ingenious on these two
events; we feel there is a thirst for live music
events which don’t just follow the usual obvious programming, and that have a twist.
We have tried to be open to booking new
acts and mix genres and musical styles a
Ingenious is currently the latest example
of how the financial markets are able to
capitalize the music business. Slightly different than many other private equity investors Ingenious is specialized in music
and media.; A perfect candidate for the
watch list of corporate companies within
the live entertainment industry.
Duncan Reid - Director Ingenious
Live Nation Reports Half Year Results
Manfred Tari [email protected]
The one and only world wide concert business leader announced results for the second quarter of 2007 (Q2-2007) . The key
figures are as always impressive except for
the profit results. As revenue Live Nation
reported $ 1,04 billion, while the total operating expense was declared with $1,003
billion. The operating income therefore
comes down to $36 million, the “normalized income after tax” as reported on Reuters.com to, astonishingly, $4 million.
Nevertheless CEO Michael Rapino commented on the results, saying, “Our vision
is to build a global live music network that
provides touring artists the opportunity to
maximize their revenues and expand fan
reach all under one aligned platform. We are
already a leader in the global concert industry with tremendous fan access and we seek
to augment and solidify that position and
grow our business by providing artists with
the ‘triple play’ of services:
+ Leadership in global concert promotion
and venue services
+ A one-stop-shop that can provide products and services to artists in-house
+ Direct sales channel to fans through
livenation.com and via our extensive fan
database”
all websites operated by Live Nation the
company estimated a figure of about 11.9
million visitors.
The results were released on August 9 after the closing bell rang, from August 10 to
13 the share price rose to $ 22,30 before it
slowly went down to $ 20.01on August 16.
Even if the profit results remains minimal,
Live Nation improved revenue results. In
Q2-2006 the turnover was just $768 million. Nevertheless the “normalized income
after tax” was $ 9 million.
In the current report, entitled “Improved
Core Business Despite Softer 2007 Concert Season” Live Nation reported that
the online business is “beginning to flourish”. According to Nielsen/Net Ratings the
US-websites of Live Nation in June 2007
were visited by 4.1 million unique visitors
which was the highest number of visitors
ever recorded for this for those sites. On
Michael Rapino - CEO of Live Nation
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Mama on Shopping Tour
Manfred Tari [email protected]
See also: Mama Gets Bigger – The Fiddler
Becomes a Republic: in this News.
Mama is shopping around and has bought
some of the assets the former Mean Fiddler
Music Group COO and short time CEO and
current Co-Chief Executive Dean James is
already familiar with.
MAMA buys from the Mean Fiddler Holdings Limited the venues Jazz Cafe, The
Borderline, the Garage and the former
Mean Fiddler. Also as part of the bulk deal
MAMA has acquired a 75 percent stake in
Manto Soho Limited (“MSL”)to which the
‘G-A-Y’ bar and ‘G-A-Y Late’belongs.
The Bank of Scotland financed the deal.
The price for the acquisition is declared at
£6 million and wasbeen paid in cash.
In a joint statement Adam Driscoll and
Dean James, the Co-Chief Executives of
MAMA commented on the acquisition:
”We are delighted that we have been able
to acquire the Jazz Cafe, The Borderline, the
Garage and the original Mean Fiddler venue
businesses through the simpler medium of
acquiring Mean Fiddler Holdings Limited. In
essence the deal is the same, but this acquisition structure is simpler and quicker than
the proposed exercise of our options over
the businesses and assets. This will enable us
The Borderline Club now owned by MAMA Group
to immediately progress the integration of
those businesses into our Live Music division,
and enables all concerned to avoid the period of uncertainty which would have existed
for the customers, suppliers and employees
of those businesses while the various conditions were fulfilled.”
Preliminary Half Year Results from DEAG
Manfred Tari [email protected]
While CTS suffers a drop in share price
DEAG maintain it’s consolidation course.
The early adopter on the stock market (Initial Public Offering September 1998) hit its
all time high around March 2000 with 45
Euro and has since 2004 levelled out between 3.69 and 1.50 Euros.
For the current half years results (H1-2007)
DEAG reported revenue of 42.6 million
Euro. The EBIT (Earnings before Interests
and Taxes) was 2.5 million Euro, the net
profit is 1.4 million Euro while EPS (Earnings per Share) is 6 Cents. DEAG declared
that it had reduced its short term liabilities
of about 21.6 million Euro and its long term
liabilities of about 6.5 million Euro. In the
business report for 2006 the short-term liabilities were indicated at 56.9 million, the
long term liabilities at 8.2 million Euro. In
the second quarter the revenue alone was
30 million Euro.
The current share price is 2.03 Euro, the report did not cause any significant change
of the share price. The full report will be
released on August 20.
Having the right tools for the job is often the key to success. Through our ongoing communication with key Live
Entertainment Industry Professionals, we have developed a range of services to meet the demands of agents, promoters, talent buyers, venue bookers etc. It’s no coincidence that we are now considered to be the No. 1 information
provider for this thriving industry.
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VIP-News
Written by our highly merited journalists, Allan McGowan and Manfred Tari, with over 50
years of experience between them in the Entertainment Industr y, VIP-News brings the latest news and views directly to your computer
keeping you up to date at all times.
VIP-NEWS
VIP- News - A u g u s t 2 0 0 7
G! Festival: The Land of Maybe?
Allan McGowan [email protected]
Festivals of one sort or another have of course
been with us since pagan times, bringing together people to celebrate anything from the
harvest to the appeasement of the weather
gods. Music being just the banging of a drum,
chanting or something more sophisticated
played an integral part. Arts festivals have a
fine tradition, but Music Festivals, particularly
‘popular’ music, as we know them used to be
isolated events catering only to those interested in the genre, and apart from possible local
annoyance at the influx of ‘weird’ people as
land. There are 18 islands, one uninhabited, two are home to one family each,
and the entire population is 50,000.
Torshavn is the smallest capital in the
world, home to 19,000 people. See how
much I know now?! The G! Festival, the
reason for my visit takes place on the
beach at Gøta on the island of Eysturoy,
where, due to the fact that there are no
hotels, I was fortunate enough to enjoy
the hospitality of the local mayor and
his family.
at Woodstock in the 60’s they had little bearing on the overall cultural and economic life
of the community. This has changed radically
over the past few years, festivals now have a
very real impact on the areas, and even the
countries in which they take place, contributing to the economy and becoming more and
more an integral attraction for the tourist industry - in some cases, as described here, they
help to put places on the map for those previously unsure or unaware of their location and
way of life:
I must admit that until not very long ago
I was somewhat vague about the geographical location of The Faroe Islands.
I’ve since discovered as I’ve been telling
people about my visit to the G! festival,
that many people are unsure where the
Islands are – guesses included; off the
coast of South America, near Portugal,
and... Egypt?
In fact The Faroes lie in The North Atlantic, halfway between Scotland and Ice-
The Faroes were dubbed ‘The Land of
Maybe’ by a Scotsman stationed on
the islands with the British Army during
the Second World War, due to the fact
that everything was dependent on the
highly unpredictable weather. Even a
wedding would ‘maybe take place on
Saturday’ dependent on the priest being able to make it from one island to
another. All of the international guests
and the artists were offered several alternative flights in and out, because
‘maybe’ the planes would not be able
to land or take off. But, for this July 1921 sixth edition of the festival founded
by the local musician Jón Tyril, the sun
shone, and a constant conversation
topic was that there had been no rain
for at least a couple of weeks. This was
very lucky, two weeks later the Faroes
other major festival Summarfestivalurin
was, like so many others, beset by bad
weather, so much so that the Saturday
was cancelled.
G! Festival
9
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VIP- News - A u g u s t 2 0 0 7
Before the event I had one or two misgivings about sending another McGowan
to Spain to disport himself in the sun
drenched back stage pool at Benicassim
(see report in this News), whilst I opted for
a meteorologically unpredictable spot in
the North Atlantic. However I now know I
made the right choice, the Faroes have a
very special quality, the scenery, a cross
between the Scottish Highlands and Scandinavian glacial regions, and the people
are as friendly and hospitable as you’ll
meet anywhere. Three days of sightseeing
on land and sea, music, partying and fantastic seafood in a land where it never really gets dark did the trick for me! Even the
dried pilot whale and blubber served with
the drinks was an experience at least! (A
school of pilot whales had been beached
on the very site of the main festival stage
the week before, and in age-old traditional fashion they were killed and shared out
amongst the villagers.)
The Faroes have a strong musical, and storytelling, tradition and the islands are producing musicians who can definitely hold
their own on any international stage. It’s
estimated that there are 70 or so bands on
the Islands, of these Eivør Pálsdóttir, Teitur
Lassen, Lena Anderssen, Boys In A Band
and Sic appeared at G!
The founding intention of the Festival was
to change the whole musical landscape of
the Faroes, and to bring wider attention to
the area by bringing together leading international musicians as well as local musicians. This year’s line up presented Natasha
Bedingfield (UK), Guillemots (UK), Young
Dubliners (US), The Dixie Hummingbirds
(US), Nephew (DK), Hatesphere (DK), Ser-
Peter Smidt from Buma Cultuur, Netherlands and Anna Hildur export Music Iceland
ena Maneesh (NO), Adjágas (NO), Polkaholix (DE), Pétur Ben (IS) and Dr. Spock (IS)
young people that go abroad to further
their education return to The Faroes.
The Faroes have a working partnership
with Iceland, and G! exchanges acts with
Iceland Airwaves. There is a growing collaboration on music export with all the
Nordic countries.
The local council contributes 350,000
Faroese Krona, about 45,000 Euros to the
infrastructure of G! Mourits reckons they
get this back as all villagers are entitled to
free entry to the festival, 3 day tickets cost
1000 Kr. The Mayor continues, “We want
to create a space to be different, the festival
does this, it gives a social focus and pride,
but also makes people think of the bigger
picture. Some were originally against it, now
the majority are all convinced, the Council
wants to help by creating spaces for music
schools etc. This will perhaps attract artists
etc who want to live in the area.”
»We want to create
a space to be different,
the festival does this, it gives
a social focus and pride,
but also makes people think
of the bigger picture«
- Mourits Foldbo
I asked the mayor of this 1,070 strong community, my host, Mourits Foldbo, what the
festival meant to Gøta, he told me, “It has
been a great benefit in terms of attracting
people, it is good for The Faroes and good for
Gøta internally. Now the village is known by
everybody, and not just for the good fishing.
Our people have a strong community spirit
and liberal character, although we believe in
the philosophy that you must not think you’re
too special. (Apparently this is summed up by
a Norwegian word, Jante, some of our readers I’m sure will know this).”
Mourit’s daughter Katrin has recently returned from spending a year at University
in St. Louis, Missouri, US, and says that the
younger generation are keen to support
the festival, but as usual have their own
wish lists as to who should be on the bill.
She agrees with her father about the community spirit, and says that many of the
Hans Mourits Foldbo mayor of Gøta
10
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This desire to bring music as a focus to The
Faroes is being taken very seriously as we
international visitors were told on a visit to
the ancient grass roofed Parliament House
in Torshavn. We were also taken to the
small island of Nolsoy, where an old fish
factory will hopefully be the location of a
centre housing recording studios and rehearsal spaces.
So, now you know where The Faroes and
the G! Festival are, I recommend you pay
a visit!
VIP- News - A u g u s t 2 0 0 7
GOSSIP ››
Ronni Didriksen [email protected]
Things that make you laugh
30 Ye a rs s in c
e E lv is d ie d -
o r d id h e?
ARTIST AVAILS ››
Alvin Youngblood Hart
Territory:
Europe
Period:
October 2007
Agency:
Kultopolis GmbH
Agent:
Markus Sollner
Phone:
+49 (0) 686 193 9980
E-mail:
[email protected]
Homepage: www.kultopolis.com
El v is go
t balls
If y ou k n o w th
is m a n
- y ou k n o w El v
is
Eve
Territory:
Period:
Agency:
Agent:
Phone:
E-mail:
Homepage:
Scandinavia - Baltic’s and Russia
September - October 2007
Urbania Group Ltd.
Orlando John
+37 167 186 690
[email protected]
www.urbaniagroup.com
Kurt Elling
Territory:
Period:
Agency:
Agent:
Phone:
E-mail:
Homepage:
Europe
July & August 2007
Ted Kurland Associates
Sean Greene
+1 617 254 0007
[email protected]
www.tedkurland.com
Lee Memphis King - One Night with Elvis
Territory:
Worldwide
Period:
Ongoing
Agency:
Prima Artists
Agent:
Tony MacDonnell
Phone:
+44 (0) 1424 203500
E-mail:
[email protected]
Homepage: www.elvis-theshow.com
Slaves to Gravity
Territory:
UK based. Touring all territories
Period:
NOW: 21st Century
Agency:
ITB
Agent:
Steve Zapp
Phone:
+44 207 637 6979
E-mail:
[email protected]
West End Rocks!
Territory:
Worldwide
Period:
October 2007 to March 2008
Agency:
World Concert Artists Ltd.
Agent:
Corrado Canonici
Phone:
+44 30 8906 6587
E-mail:
[email protected]
Homepage: www.worldconcertartists.org
The king as dictator
MORE ARTIST AVAILS ON:
WWW.VIP-BOOKING.COM
Is El v i
s on t r
ial!
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POST YOUR ARTIST AVAILS ON:
WWW.VIP-BOOKING.COM
VIPNews
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VIP- News
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u su
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NOTICE BOARD ››
Another new service in the improved and redesigned VIP-News is the Notice-board, which is available for all readers.
Reader’s messages will be posted on the Notice-board as a free service, passing on announcements, job postings, buying and selling notices, inquiries or alike. Announcements should be emailed to [email protected]
Amsterdam Dance Event
18th - 20th October 2007
The Worlds Biggest Club Festival
Organised by Buma Cultuur, The Amsterdam Dance Event is the worlds biggest
club festival with over 600 DJs and acts
in 40 of Amsterdam’s finest venues, DJ
cafés, record stores, lounges and art galleries. Now in its twelfth year, the ADE has
grown into a business conference that attracts 1900 key professionals and a club
festival audience of 65,000.
“Last year 15,000 people came from outside
the Netherlands and this year we expect
more visitors from abroad. Where else can
you find a city festival providing such a rich
and diverse line up of DJ’s/acts performing
in one place” enthuses ADE General Manager Richard Zijlma.
The Netherlands has given rise to some of
the best known DJ’s and producers and for
3 days and nights you can see them all in
one place, alongside the biggest interna-
tional dj’s/artists and the hottest new talent, resulting in one of the most exciting
and diverse programs in the electronic
music realm.
For this year ADE is proud to announce the
following artists are now confirmed;
Adultnapper (us), Live: Alpha Omega (uk),
Live: Alter Ego (de), Andy Norman (uk),
Andy Stott (uk), Benjamin Bates (nl), Live:
Bogusman (be), Dave Clarke (uk), Dave
Vega (de), Live: David Gilmour Girls (nl),
David Guetta (f ), Dennis Ferrer (us), Digital
Mystikz (uk), Dirt Crew (de), DJ Andy Daniels (uk), DJ Benno Blome (de), DJ’s Dash
& Bx (uk), DJ Eddie Argos (uk), DJ FeatureCast ( uk), DJ $jammie the Mon€y (nl), DJ
Joyce Muniz (br), DJ Marcelle (nl), DJ SunE (nl), & Dexon (nl), Live: Ebola (uk), Live:
Electric kettle (f ), Erick Morillo (us), Fedde
Le Grand (nl), Flow (KRANG, nl), Granite &
Phunk (us), GusGus (is), Live: Gregor Tresh-
er (de), HEY-O HANSON (de), Ingy (nl), Jean
(nl), Johannes Heil (de), Judge Jules (BBC
Radio 1, uk), John Doe (nl), Jussi-Pekka (f ),
Live: Justin Harris (UK), KRANG (nl), Laidback Luke (nl), Lucky Goat (nl), Marco V
(nl), Martin Eyerer (de), Martinez (se), Live:
Mason (nl), Mattafix (uk), Maurizio Vitiello &
Uto Karem (it), Live: Dj Metope (de), Menno
de Jong (nl), DJ Matthew Dekay (nl), Michel
de Hey (nl), Live: Miss Kittin & The Hacker
(f ), Moonbootica (de), Mr. Oizo (f ), Live:
Neil Landstrumm (uk), Nocturnalists (uk),
Nouvelle Vague (f ), Oliver Huntemann (de),
Olivier Klein (de), Paul van Dyk (de), Live:
Pink Skull (us), Peter Eilmes aka Platten
Peter (de), Peyton/Hed Kandi (uk), Pilooski
(fr), Plastician (uk), Live: Play Paul (f ), P. van
Dongen (nl), Pressure (ie), Ramses (be), Raymundo (nl), Rino Cerrone (Loose Records,
it), Live: Receptor (live), (de), Robert Babicz
(p), Robert Owens (us), Ron Carroll (us),
Ryan Marciano & Sunnery James (nl), Saïg/
laptop set (uk), Live: Sickboy Milkplus (be),
Sinden (uk), Skream (uk), Speedy J (nl), Steven Quarré (nl), Stonebridge (se), Swedish House Mafia (se), Terry Toner (nl), Live:
Three Cheers for Dirty (f ), Tiesto (nl), Live:
Todd Bodine (de), Tomcraft (Kosmo Music,
de), Vitalic (f ), Live: Yogi Rumblist (f ).
Apart from the club festival, ADE offers
music industry professionals the opportunity to meet international business partners, introduce their business to an international audience and get in touch with
new people, new music and new trends.
Held in the centre of Amsterdam at the
historic canal-side Felix Meritis building,
the ADE conference is not only a great
place to do business but also a place to
get inspired. With four networking and
business lounges and a broad program
of panels, keynotes and meetings, ADE
provides a platform and gateway for any-
Amsterdam Dance Event
12
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VIP- News
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NOTICE BOARD ››
Another new service in the improved and redesigned VIP-News is the Notice-board, which is available for all readers.
Reader’s messages will be posted on the Notice-board as a free service, passing on announcements, job postings, buying and selling notices, inquiries or alike. Announcements should be emailed to [email protected]
one who’s working in the electronic music
business. The ADE gives you the opportunity to get heard, be seen and experience
the best of what dance music has to offer.
Says Richard Zijlma “People in the industry
see it more and more as essential to be here
and the event has found its own dynamic
and is growing every year.”
Comments?
Fedde le Grand the dj/producer behind
the worldwide hit ‘Put Your Hands Up For
Detroit’ performed five times on last years
ADE, which included Pete Tong’s show on
BBC Radio 1.
‘I was very impressed with the set up, the location and the professionalism of the whole
event. Business was genuinely done in the
day and the panels seemed to provoke some
meaningful debates. The night life was pretty
awesome. Across three nights there were
some amazing parties – all very busy and
very exciting. I was very happy we took the
radio show to Amsterdam, the timing could
not have been better with Fedde Le Grand
and Mason riding high with two of the hottest records in the world right now!’
Pete Tong (BBC Radio 1)
‘There is no place in the world with this atmosphere.’
John Acquaviva
‘The most impressive range of dance music
you’ll ever see concentrated in one city’
DJ mag / UK
Conference Package: Register now for €240
until 1st October. A full registration entitles
you access to all day and night activities at
the ADE, plus access to online delegates
database. To register log onto www.amsterdam-dance-event.nl/conference
Organised by: Buma Cultuur
Conference Location: Felix Meritis
Club Locations; 11, Akhnaton, Bimhuis, Bitterzoet, BG, Cineac, Club 8, Club NL, Escape,
Fantasio, Flex Bar, Hotel Arena Tonight,
Jimmy Woo, The Mansion, Melkweg, Café
Pakhuis Wilhelmina, Odeon, OT301, Panama, Paradiso, Powerzone, Rain, The Sand,
Studio K, Sugar Factory, Studio 80, Winston
Kingdom, The Zebra, and many more...
www.amsterdam-dance-event.nl
The PSA Ride2Plasa
On 9th September a group of slightly under-sane people will cycle from PSA Towers in Bath to the Plasa Exhibition at Earls
Court. It’s just down the A4... around 100
miles just down the A4.
Anyone is welcome to join the ride, as long as
you’re fit and able to do the distance. There’s
always the option of doing it over 2 days and
having a relaxing break in Newbury.
We’re raising money for Cancer Research
UK and the PSA’s own registered charity;
The PSA Welfare and Benevolent Fund.
UK will receive your money faster and, if
you are a UK taxpayer, an extra 28% in tax
will be added to your gift at no cost to you.
To direct your sponsorship to Cancer Research, visit our own donation station at:
www.justgiving.com/psaride2plasa.
Donating through this site is simple, fast
and totally secure. It is also the most efficient way to sponsor us: Cancer Research
To direct your sponsorship to the PSA Welfare and Benevolent fund, email:
[email protected]
It’ll be tough but not half as tough as fighting cancer so please sponsor us now!
VIP-Booking ApS cannot be held responsible for loss or damages
incurred as a result of transactions with individuals or companies
through the notice board. We recommend all to make the necessary
enquiries before entering into any agreements.
VIP-Booking ApS may not, for reason of space, be able to post all
announcements received. Announcements should be emailed to
[email protected], including name and email address.
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MEMBER PRESENTATION ››
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If you would also like to present your company please contact Peter Briggs at [email protected]
GLP Artist Marketing GmbH
GLP’s foundation was laid in 1977, when
George Leitner started his first promoting company, promoting and manifesting
Punk and alternative concerts in Austria
and developing marketing concepts for
the industry (banks etc), which was instrumental in providing a solid financial
foundation for the trials and experiments
to come.
tive in opening the gate into the “Eastern
Block countries”. 1985 Jack Bart, the agent
and manager of “James Brown” gave GLP
the first opportunity to progress towards
an international agency. Sal Michaels
(Pyramid Productions), Dick Allen (William
Morris) to name just a few US partners
In the early 80`s, Carl W. Urasch teamed up
with George Leitner and devoted his life
to run the promoters part of the company
while George Leitner moved on to agenting and focused more on the international opportunities to expand the company
into an European agency for, in the beginning, mainly African American artists.
The cooperation with Multimedia (Laszlo
Hegedus) proved to be extremely effec-
have been instrumental in giving GLP the
chance to further develop the concept of
“Artist Marketing “ throughout Europe, the
Near East, Africa and, eventually, the Far
East and Asia.
Ray Charles, Gloria Gaynor, Kool&the
Gang, James Brown, Grace Jones, George
Clinton Parliament/Funkadelic.. to mention just a few – tour the world through
GLP. As the latest “add on” GLP signed
Sean Paul (No.5 on Billboard!) and Third
World ! The company is also known for
the successful “Festival Productions” such
as “Tribute to Bob Marley” (which sold
out Arenas across Europe and Japan), Hot
Soul Night etc. In November yet another
production titled “THAT”S SOUL” will hit
the Arena circuit (containing 6 of the biggest names in Soul!)
About Our Company
VIP-Booking’s core product is the Internet’s oldest and largest database for the European Live Entertainment Industry www.vip-booking.com developed as a tool for industry professionals. Since it’s
launch in the year 2000, we have consistently offered our subscribers the very best in database services and now boast subscribers in
over 30 countries.
Today VIP-Booking offers a range of tools for the industry – including VIP-News, VIP-Booking, VIP-Book and VIP-Contract.
Please visit vip-booking.com for further information.
Your comments and suggestions are always appreciated.
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