x

The latest industry news to your inbox.

    

I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

news

Live Nation launches Women Nation fund

Live Nation has announced an investment fund specifically for women, in order to level the playing field between men and women in the industry

By Jamie Raybould on 16 May 2018

Anna Sjolund, Women Nation

Live Nation Sweden MD Anna Sjolund is part of the Women Nation evaluating team


Live Nation CEO Michael Rapino has announced that the company is establishing the Women Nation fund, an early-stage investment fund to focus on female-led live music businesses, including festivals, events, and promotion companies. The fund will provide capital and use of Live Nation’s resources in order to encourage more women to pursue a career in the industry.

According to Live Nation, the Women Nation fund will “identify, fund and grow the pool of female-led festivals, events and promotion companies available on a worldwide basis”, with successful entrants chosen by a Women Nation evaluating team comprising senior female LN execs.

Rapino says about the fund: “As the leader in live entertainment, we want to meaningfully address this issue, change the dynamic and widen the playing field. The Women fation Fund is a first step towards empowering new entrepreneurs and creating more opportunity for women in this sector of the live music business.”

“As the leader in live entertainment, we want to meaningfully address this issue, change the dynamic and widen the playing field”

Dr Stacy Smith, the founder and director of the Annenberg Inclusion Initiative at the University of Southern California, adds: “Women are underrepresented across the entertainment ecosystem, but we see this particularly in the music industry, one crucial way to kick-start the effort towards gender parity is to fund female entrepreneurs. I applaud Live Nation for their leadership and for committing its resources in a way that can affect real change.”

Members of the evaluating team include Anna Sjolund (co-managing director, Live Nation Sweden), Amy Corbin (promoter, C3), Virginia Davis (founder, G Major Management), Amy Howe (COO, Ticketmaster), Lesley Olenik (VP, touring), Maura Gibson (president, Frontgate Ticketing), Kelly Chappel (VP, touring) and Carrie Davis (chief communications officer).

The announcement comes on the back of the #MeToo and #TimesUp campaigns, as well as the outcry over the ‘gender gap’ of some of the biggest concert businesses in the UK.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

More news

Wisebuddah and Senbla team up for iconic performer... Content company Wisebuddah and promoter Senbla are partnering up to create exclusive content for upcoming concerts with Quincy Jones and Burt...Bacharach
Baris Basaran joins expanding MJR Group Basaran, formerly of SSC in Germany, has joined Mike Jones to spearhead the UK company's push into eastern/central Europe
Piu launches JV with theatre producer Selladoor The Istanbul-based promoter will create "pioneering festival opportunities" and "unique concert experiences" with new partner Selladoor Worldwide
MSG’s Dolan invests in Eyellusion Madison Square Garden Company director Thomas Dolan has put $2m into Eyellusion ahead of its upcoming Frank Zappa hologram tour
IQ 77, with Steve Strange, Kili and Sam Smith, out... The latest issue of IQ Magazine spotlights ILMC 30, Sam Smith's latest tour, the Danish market, Kili's 10th and, in a surprise feature, X-ray founder...Steve Strange at 50