U2 Signs Mega 12-Year Deal With Live Nation

Live Nation has announced a 12-year mega-deal with U2 for the band’s merchandising, licensing rights, and online properties. Live Nation already has a two decade relationship with the Irish band for touring, but will most likely include ticketing when their own system goes live in 2009. The deal does not include recording and publishing, which is currently handled by Universal. Financial details of the contract were not...

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Los Angeles Times Retracts Story On Sean Combs Involvement In 1994 Shooting Of Shakur

The Los Angeles Times has issued a retraction of their story by writer Chuck Phillips, which stated that Sean “P-Diddy” Combs was responsible for the 1994 shooting of Tupac Shakur. Phillips apologized for sourcing fraudulent FBI documents in the recent story, which caused a major uproar and threatened to re-ignite an East Coast – West Coast hip-hop feud. Citing information from the forged FBI documents, Phillips...

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