Madison House’s Nadia Prescher Joins Marc Geiger’s SaveLive

Nadia Prescher
photo provided
– Nadia Prescher
SaveLive / Madison House

Madison House co-founder and president Nadia Prescher has joined Marc Geiger’s SaveLive network designed to support independent music venues.  She will run the Music  Division at SaveLive, effective 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 says. “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.  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.”
Geiger, who stepped down as longtime head of music at WME in June of 2020, announced through a New York Times profile that SaveLive already had a $75 million war chest to invest in struggling indie venues across the U.S. to the point of owning a majority stake in a whole nationwide network of venues.  SaveLive’s founders include  John Fogelman, also formerly of WME, and Jordan Moelis of Deep Field Asset Management as the company’s primary backer. 
“On a personal note, like many people, I have admired and respected Marc for a long time,” Prescher says. “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.” 
Further details have yet to emerge from SaveLive, which, at the time seemed to be perhaps the only potential lifeline for a business left nearly completely in the lurch during the coronavirus pandemic. Although the Save Our Stages Act passed in December, and the Shuttered Venue Operators Grant allotting some $16 billion in relief to venues, promoters, agents, artists and tour personnel, relief funds have barely stated to trickle out.  At press time, only 90 “Tier 1” applicants — those most in need  — have been awarded grants, while 4,661 remain “in review.”  Pollstar has only been made aware of one applicant receiving funds at all so far.