FYI/TMI: The Freddie Mercury Show Goes On, Live Nation Reports 2012 Loss

Fans say Queen singer's burial place has been found, Live Nation reports $163 million loss but increase in revenue
  • Photo: Tom Hill/WireImage.com
    Freddie Mercury
February 27, 2013 -- 10:33 am PST
GRAMMY.com

(In an effort to keep you fully informed, and fully entertained, below we present today's FYI and TMI — news you need and news that's, well, sometimes needless….)

FYI …

Live Nation Reports Loss In 2012
Live Nation reported a loss of $163 million in 2012, a wider deficit compared to an $83 million loss in 2011 as a result of a one-time charge stemming from chairman Irving Azoff's departure in January, according to a Billboard.biz report. Despite the loss, Live Nation reported an 8.1 percent revenue increase to $5.8 billion and a 10.4 percent increase in concert revenue to $3.87 billion.

TMI …

Freddie Mercury's Show Goes On For Fans
Freddie Mercury fans are preparing for a bohemian celebration as the burial place of the ashes of the late Queen frontman have reportedly been found. While it's widely accepted that Mercury was cremated at London's Kensal Green Cemetery in 1991, the location of his ashes has remained a mystery, but according to a report, a plaque dedicated to a Farrokh Bulsara, Mercury's birth name, was recently discovered in the cemetery. The dates on the plaque also match Mercury's birthday and day of death, and it's signed "M," which could stand for Mary Austin, Mercury's former girlfriend. "The discovery of this plaque is really exciting and may prove to be a major breakthrough," said a fan to the Daily Mirror. To paraphrase Mercury, the show is indeed going on.

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