Member Info for ORLM

https://www.musicweek.com/live/read/live-nation-announces-drive-in-summer-gig-series/080129

"The Drive-In will feature a series of music concerts, theatre performances, comedy shows and family experiences."

Perhaps an opportunity for ongoing MVR involvement too.

Thanks for your comments all. Good to bounce off other perspectives and experiences!

Fine IPMan27. I'm in heavily myself and have been a couple of years, but when you're aggressively digging out people having natural wobbles and raising legitimate queries, some of whom may be new or have low risk appetite then I'm going to speak up too. It can also be very helpful to hear the potential risks that others perceive. There are better ways to challenge views and change perception than the way you have been behaving. Positive reinforcement is far more effective than aggression to get people to understand your views. It's clear to see things are moving forward and I'm hopeful for sure on what's to come. I get your intentions, but let's just do things with more integrity.

Hi HBomb5,

Agree on the percentage part, but I read a very informative article around the time of being stung that basically suggested around 80% of consolidations result in share price collapse. The caveat being how things can improve upon a US listing (but only a small percent of those who go down this path end up succeeding). It's just something to be cautious about as a PI.

If it ever comes about, do plenty of research on the pros and cons.

Hi OldBee,

Curious to know, have you ever held through a consolidation and what makes you think this would be a good move? Share prices have a nasty habit of plummeting thereafter unless of course there is the potential of a dual listing. I've been stung in the past myself (luckily with only a small punt investment) where 90% of my holding was wiped out in a week.

It's not something I would personally welcome on a small MCAP company. I expect this would be a kick in the nuts for LTH but a trader's dream if it were to materialize.

https://news.o2.co.uk/press-release/o2-paves-the-way-for-a-more-connected-britain-with-5g-and-lte-m-rollout/

OldBee - It's a pretty common thing from what I have heard and read, driven by flaws in the algorithm, especially when spreads are lower. Depends which side of the mid point between Bid/Ask a trade lands on.

I suspect a lot of the buys are being reported as sells....I know mine is. Agree though, onwards and upwards!

Mel, pretty sure I saw a post from a user on ADVFN a few weeks back suggesting results could be out on the 12th June (although don't quote me on that as it was a quick scan)

COdey, unlikely we will ever get to see absolute, commercially sensitive numbers like that. Although if you think about Matchett's statement in the context of total iOS and Android downloads alone (100k+), I would expect the engaged user numbers to be comfortably in 5 figure territory

User engagement +1000% in the last 7 weeks

https://www.msn.com/en-us/money/companies/is-vr-the-ticket-for-music-fans-in-a-festival-free-summer/vi-BB15efBN

Link now working again

Ah, ok thanks. Site says it's now in maintenance. Will try again in the morning.

Updated social and app charts here: https://gofile.io/d/amo3xn

I'll probably make this the last one for a while to coincide with month end and given a general decline in interest over the last few weeks (140+ views declining to mid 30's last week). Guessing fewer people are finding the visuals useful as time progresses.

Not sure TBH. Maybe there's just a cache or API issue Facebook's end that needs looking into. They could have made an update which has had created a break in the data. I haven't seen completely static numbers like you though, I have seen likes and follows increase by 1 for the last 2 days.

Hi Alex,

Yep. Pretty much come to a dead halt 2 days ago - atypical given recent trends in what we assume was primarily organic social behaviour. However, MVR have not really put out any fresh campaigns, artists are not really pushing anything at the moment, the recent live acts have been lesser known and I expect they have relaxed their spend into paid marketing as Wireless approaches - maybe saving the pennies for a bigger push on that.

Artist diversity though is important - it's a fresh face within the RnB/Latin scene. She's collaborated with Chris Brown and has a million YouTube subscribers. Not a big name draw yet but she's only been in the game 2.5 years.

.

Yup. Keen to see what adoption Wireless can bring in the short term. Have a good evening!

Lordfont - from a partnership and catalogue perspective, I agree that Melody are ahead. If you watch Petebo's YT link though (you may already have), I get the impression the other platforms could be further ahead and have more flexibility in terms of audience-artist engagement and monetisation opportunities. Melody can't sit back and revel in their tie ups if the customer experience isn't right for both fans and artists alike. That group interview actually revealed a lot of improvement opportunities. Plenty of work to do to cement their position as a dominant player in the space IMO. Lots to look forward to though I'm sure in the next few years.

Guess we now know what a large chunk of that capital was intended for.

https://www.musicbusinessworldwide.com/live-nation-pulls-out-of-400m-plus-acquisition-of-latin-americas-biggest-promoter/