Live Nation-backed Veeps Reportedly Lays Off Nearly All Editorial Staff Across Music Publications

Veeps, the ticketed livestream service with a majority stake held by Live Nation, has reportedly laid off almost all editorial staff at music publications including BrooklynVegan, Alternative Press, Revolver, and Goldmine. This development follows Live Nation's report of $7.67 billion in second-quarter revenue and projections for double-digit growth in adjusted operating income.