A high-level source tells Billboard there’s no deal in place between the superstar and concert giant Live Nation, despite reports to the contrary.
The Billboard Global Music Index dropped 1.5% to 1,355.65 this week, bringing its year-to-date gain to 16.1%.
The band is now seeking $17 million in damages, following a suit Holmes filed in August.
Subscription services launches with a Postal Service / Death Cab For Cutie show.
"Merch money is not what is going to keep us in business," says Ineffable CEO Thomas Cussins, who cut merch fees at his own venues in January.
The "On the Road Again" program is inspired by the Willie Nelson classic.
The deal is intended to expand opportunities for Palm Tree Crew's dance-focused roster.
His standard deal was 105% of the gross ticket receipts to bring Margaritaville to your amphitheater.
The concert promoter is currently complying with initial discovery requests from a broad antitrust probe.
Revenue at the concert promotion giant hit $5.6 billion, generating earnings per share of $1.02.
