Live Nation and AEG Worldwide are reportedly in a bidding war to win parts of Miley Cyrus’ global tour.
Live Nation has already agreed to pay upward of $500,000 a night for US dates, according to sources.
AEG is said to have backed away for now – unable to find a way to make the US leg of the tour profitable due to the height of the bids - but the rival promoters still have the European tour to fight ...
Register for a Music Week trial to access this article.
Sign up for your digital free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music.Start your free trial