"We know all the economics in the touring business are at 85% of ticket sales. So it's a crapshoot, and you cannot buy insurance against it. So many artists are just wishing for this to end, they need to pay themselves and their crews" - music mogul Irving Azoff says in Hits Daily Double interview. He's not really completely optimistic, but he's hopeful: "We're all in the business of gambling. So if I had to handicap it, I feel 75-25 that we're on the road to prosperity. And when it is 100% open, I think we're going to see unprecedented demand. Oh my God, I can't even imagine what it's going to be like at some of these early first sold-out shows—people are going to go nuts".

David Crosby has sold all of his music - his solo work, his work with the Byrds, Crosby & Nash, CSN, and CSNY - to famed music executive Irving Azoff’s new venture Iconic Artists Group, Pollstar reports. It includes the recorded music and publishing rights to his entire music catalog. “Given our current inability to work live, this deal is a blessing for me and my family and I do believe these are the best people to do it with” - Crosby said.

Surfin' US again
February 19, 2021

Beach Boys sell their brand to Irving Azzoff

Music mogul Irving Azoff has acquired a majority interest in Beach Boys' music, their master recordings, a portion of their publishing, the Beach Boys brand, memorabilia, an archive of photos, videos and interviews, for an estimated $100 million to $200 million, Rolling Stone reports. Azoff, manager of the Eagles and Jon Bon Jovi, takes control over everything from Beach Boys' social-media accounts to their names, likenesses, and life stories. Azoff's company Iconic will be overseeing Beach Boys their work even after the remaining members die.

A great profile in the LA Times on Irving Azoff, the most powerful manager in music - getting inducted in Hall of Fame today - manager to The Eagles, Bon Jovi, Lizzo, Roddy Ricch and many others. Azoff started in 1970s, and says there wasn't really that much competition - "I never felt the music business was that competitive. It’s just not that f—ing hard. I don’t think there’s that many smart people in our business”. He still manages artists, although it's not about the money, as the singer-songwriter and Azoff client J.D. Souther famously put it - “Irving’s 15% of everybody turned out to be more than everyone’s 85% of themselves”.