Nadia Prescher
Amelia SteinMadison House co-founder and president Nadia Prescher is joining SaveLive, the company created by former WME co-head of music Marc Geiger after he left WME parent company Endeavor last year.
Geiger hasn't said much publicly about SaveLive since first debuting the idea to buy distressed indie venues, backed by a $75 million fund, in a New York Times article last October. Prescher will run SaveLive's music division, Billboard has learned, with more details to be released in the coming weeks and months.
Prescher will join SaveLive on July 1 and shift to a board member partner position at Madison House.
"I’m joining Marc to build out his vision of the SaveLive network to support independent music venues," Prescher tells Billboard. "Over the last 25 years as an agent, I’ve worked closely with the independent community, and more so since the pandemic with the National Independent Talent Organization. Marc and I agree indie venues should have a safe guarded opportunity to grow their businesses."
Prescher, who is a co-founder and vp of the National Independent Talent Organization (NITO), added, "We believe indies should have the options of a national network, without having to give up or alter their unique local brand or independent spirit. Our backgrounds will make sure the plan is very agent-friendly and artist-friendly, working across all genres."
On a personal note, Prescher said that "like many people, I have admired and respected Marc for a long time. An opportunity to work with someone who has made such a significant impact on our industry would already be an attractive opportunity. But the ability to pair that with working with my long-term industry promoter friends, and a bunch of different independent venues, in the business I love, was too good to pass up. I’m incredibly excited and inspired. I will be in touch about the SaveLive launch.”
Sade will not be attending their Rock & Roll Hall of Fame induction ceremony this week.
The English group, made up of Sade Adu, Paul Denman, Stuart Matthewman, and Andrew Hale, are among this year's inductees into the prestigious institution. The ceremony is scheduled to take place at the Peacock Theater in Los Angeles this Saturday.
However, a representative for Sade confirmed on Tuesday through the band's official website that none of the members would be attending the event.
"We're sorry that we won't be able to join everyone in person to celebrate alongside the other artists. However, our absence does not lessen how deeply this recognition means to us," they stated. "Being welcomed into the Rock & Roll Hall of Fame is a wonderful honour and a meaningful opportunity to express our gratitude, not just to everyone who voted for us, but to every person who has made our music part of their lives."
The representative also acknowledged their manager Roger Davies for his support and paid tribute to the late engineer and co-producer Mike Pela, who passed away in 2022.
"We owe so much to everyone who has supported us throughout this journey," they continued, before signing the message: "Sade, Stuart, Andrew, and Paul. Mike Pela, the fifth member of Sade... This recognition belongs to you just as much as it does to us, Mike. You will always be our soul mate."
Sade will be joining Oasis among the artists missing this year's ceremony. Liam Gallagher previously addressed his absence in a message on X, saying the journey was "too far" for him to make just "for the night".
The other musicians being recognised at this weekend's ceremony include Billy Idol, Phil Collins, Iron Maiden, Joy Division/New Order, the late Luther Vandross, and Wu-Tang Clan.
