Update: Live Nation Will Be Paying For The First Reached Settlement Surrounding Astroworld Tragedy, Not Travis Scott

Travis Scott

Update: Live Nation Will Be Paying For The First Reached Settlement Surrounding Astroworld Tragedy, Not Travis Scott

Update: (Oct. 20, 2022): According to a source close to the rapper, Travis Scott is not paying up in the first reached settlement surrounding the Astroworld tragedy, but instead Live Nation will be footing the bill.

The insider shared:

“No member of Travis Scott’s team has been involved in any Astroworld settlement discussions.”

Original Story: (Oct. 20, 2022): Families and victims who suffered from the deadly Astroworld Festival are making headway with their lawsuits.

According to reports, rap star Travis Scott, 31, reached a settlement with one of the victim’s families outside of court recently. If you recall, Scott’s music festival Astroworld turned deadly in November of last year after a stampede caused the death of 10 attendees.

Reports state the family of late 21-year-old Astroworld victim Axel Acosta recently settled outside of court with Scott. The terms and amount of the settlement are reportedly confidential. Acosta’s family only released a  statement asking that the young Travis fan is remembered as a “beloved son, brother, and student who was kind and loving, and is greatly missed.” Reportedly, Acosta traveled from Washington to Houston to attend the concert.

Though one settlement has been reached, Scott and Live Nation – the entertainment company who hosted the concert – have a long list of suits to get through. As previously reported, a combined massive lawsuit was filed following the tragic event, which included the deceased victims as well as hundreds of others who claim to have been injured. Reports state the suit represents at least 2,800 individuals seeking around $3 billion total in damages.

Scott has slowly been recovering from the many partnership and opportunity losses he faced following the event. In addition to losing his 2022 headlining spot at Coachella, the “Goosebumps” artist had his fashion collabs with Dior and Nike  “postponed indefinitely.” The rap star quickly began an attempt to make amends, after he was accused of partially being the reason for deaths by allegedly ignoring cries in the crowd for help.

 

Shortly after the incident, Scott began a partnership with the city of Houston to create initiatives for better concert security. The Astroworld artist then launched Project H.E.A.L., donating millions towards other community initiatives.

The $5 million initiative, dubbed Project HEAL, will direct funds to already existing charities, including his own Cactus Jack Foundation

Scott made his first performance appearance nearly three months after the incident at an Oscars event back in March. The Grammy-nominated musician has since landed a Las Vegas residency and broke a record selling over $1 million in merchandise during his first solo show since Astroworld took place.

It’s unreported if any other suits are in the process of being settled at this time.

Do you think Travis Scott will settle many of the suits? Leave your prediction in the comments.

[VIA]

 

Authored by: Kay Johnson