AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. AboutLive Nation EntertainmentLive Nation Entertainment (NYSE: LYV),is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi As we took on bigger venues, talent, and events across the Southeast, we always stayed true to that mission, which is why we were excited about the opportunity to work with Live Nation," said Gary Weinberger, President, Red Mountain Entertainment. Thank you for subscribing to our newsletter. June 18 at 7:30 p.m., Oak Mountain . Emporium Presents is an independent national concert promoter. - Kat Kennedy (co-management), Skunk Anansie A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. Zacks Equity Research AboutLive Nation EntertainmentLive Nation Entertainment (NYSE: LYV),is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. Personal Assistant. Find Events The monthly returns are then compounded to arrive at the annual return. 1 Breaking The Bands 32-Year Streak, Morgan Wallen Postpones Three More Shows With Vocal Issues, Willie Nelsons Outlaw Music Festival Announces Additional Dates, Kylie Dembek Hired as Country Music Project Manager at ONErpm, Dancing With The Stars Judge Len Goodman, Dead At 78, The Mechanical Licensing Collective Seeks New Board Members. Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. Dec 2009 - Present13 years 2 months. AboutLive Nation EntertainmentLive Nation Entertainment (NYSE: LYV),is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. . The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. This is Live Nation's 1st transaction in Alabama. Live Nation was formed in 2005 and is based in Beverly Hills, California. Live Nation currently carries a Zacks Rank #3 (Hold). Whether it's two hours at a packed club, or an entire weekend of sets at a festival, a live show does more than entertain. - Jeremy Lascelles (co-management), Rory Powers Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. MarketScreener: Created by Investors for Investors! This is Live Nations 30th transaction in the Media sector. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. Benzinga's Top Ratings Upgrades, Downgrades For April 24, 2023, What 4 Analyst Ratings Have To Say About Live Nation Entertainment, INTRODUCING VIBEE: THE DESTINATION EXPERIENCE COMPANY BUILT FOR MUSIC FANS, FOUNDED BY LIVE NATION, SeatGeek said to file confidentially for IPO - report, Live Nation (LYV) Boosts Payment Options With PayPal Partnership, Registration on or use of this site constitutes acceptance of our. The entire Red Mountain Team will continue to stay with the company and operate from their home base of Birmingham, Alabama as they become part of Live Nation. Red Mountain Entertainment acquired by Live Nation Entertainment, Name of the organization that made the acquisition, Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Sam Tinnesz Signs A Publishing Deal With Position Music, Rock Icons Aerosmith Announce Historic Last Run The Peace Out Farewell Tour, Entertainment Lawyer & Manager David Ehrlich Files $45M Suit Against Universal Music Group Citing Tortious Interference, Sony Music UK Relaunches Epic Records UK With Sarah Lockhart as President, Event Promoter All Things Live Launch All Things Live Middle East, ASM Global Appoints Brian Celler as SVP, Content and Programming Europe, LIVE Announces AEG, Kili Live, Serious, SJM, & Live Nation As Live Talks Partners & Plasa Joins LIVE Board, Madonna Announces The Finally Enough Love: The Rainbow Edition, Sony Music Sees Big Gains In Revenue, Profits For 2022, My Morning Jacket Announce The Return Of Their Destination Event, One Big Holiday For 2024, Melodie Announces Successful Fundraising Round, Sets Sights On US Expansion, Barry Manilow Foundation To Honor New Yorks Music Teachers, Slipknots Corey Taylor Signs With BMG For His Solo Material, Don Was, Woody Harrelson, Jennifer Garner, Ethan Hawke, & More Added to Willie Nelsons Birthday Celebration, U2 Adds More Dates At The Las Vegas Sphere, Karol G Teams Up With Live Nation For A North American Stadium Tour, The Toby Keith & Friends Golf Classic To Return This June, South Koreas President Sings American Pie During A White House State Dinner, Live Nation Makes A Bid To Acquire Portuguese Promoter Ritmos e Blues, SummerStage Announced The Free Show Lineup For 2023, Aerosmith May Be Teasing Their Farewell Tour, Tixr Debuts Their New User Experience, UX3, George Strait, Emmylou Harris Among The New Artists Announced For Willie Nelsons Long Story Short Birthday Celebration, Universal Music Group Reports Revenue Growth For Q1 2023, BMG Names Sean Heydorn As SVP Of Rise Records And Frontline Catalog, The Academy Of Country Music Announces The ACM Radio Award Winners For 2023, Lyle Lovett, Santigold, Buddy Guy, and The Flaming Lips Among The Headliners For Stern Grove 2023, Oak View Group Partners With Christian Navarro To Bring Bespoke Culinary Experiences To Its Venues And Festivals, Jeff Geasey Named GM At Page 1 Management, Park City Song Summit Returns To Utah For 2023, Spotify Monthly Active Users Top 500 Million For The First Time In Q1, Spotify Shares Its Secret Sauce Three Levels Of A.I.-Driven Algorithms, New Metallica Album 72 Seasons Fails to Debut At No. - Tom Dark, This Paranormal Life This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The company's services include production of music festivals, booking and promoting of concerts, shows, beer festivals, music festivals and amphitheater projects in clubs, theatres, arenas and stadiums. It has also divested 7 assets. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Together, the companies plan to combine Red Mountain's rich market expertise with Live Nation's extensive resources to continue growing live entertainment offerings throughout the Southeastern United States. Solutions. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ --Live Nation Entertainment, the world's leading live entertainment company, today announced that it has acquired a majority stake inRed Mountain Entertainment, one of the premier regional concert and festival promoters inthe United States. - Jeremy Sharp, Busby Marou All Rights Reserved. Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. In fact, driven by a robust brand portfolio, Live Nations shares have rallied 35.7% in the past year, outperforming the broaderindustrys growth of 0.5%. (RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concert and festival promoters in the United States. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. Red Mountain's experience in the amphitheater business has developed into a venue consulting practice, advising clients on venue planning and design, sponsorship development, premium seating packaging, marketing, venue management and operations, talent buying, concessions and merchandise sales. Jun. (Caroline Sur Back Sans), CelebrityAccess provides unparalleled, detailed information on over 50,000 Entertainers, Speakers, Celebrities, and their representatives, as well as, hundreds of thousands of records for venues, agents and managers, ADVERTISE WITH US BUSINESS AUTOMATION PRIVACY POLICY TERMS OF USE ABOUT. Red Mountain will continue to oversee all operations for its diverse suite of events and projects, which range from concert promotions, to festival promotion and production, as well as venue consulting. BEVERLY HILLS, Calif. (CelebrityAccess)Live Nation Entertainment has acquired a majority stake in Red Mountain Entertainment, one of the largest independent promoters in the Southeastern US. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. mostrar anuncios y contenido personalizados basados en perfiles de inters; medir la efectividad de los anuncios y el contenido personalizados, y. desarrollar y mejorar nuestros productos y servicios. "As part of Live Nation, with my partners Jay Wilson, John Ruffino and our team, we look forward to bringing countless more shows and festivals to fans across the Southeast.". "As part of Live Nation, with my partners Jay Wilson, John Ruffino and our team, we look forward to bringing countless more shows and festivals to fans across the Southeast.". Live Nation has acquired a majority stake in US concert and festival promoter Red Mountain Entertainment. http://www.investors.livenationentertainment.com, Cision Distribution 888-776-0942 Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. | Live Nation Entertainment, Inc. acquired majority stake in Red Mountain Entertainment on June 27, 2018. Over the years the Red Mountain team has promoted shows across many different music genres for leading artists including The Rolling Stones, Pink Floyd, Jimmy Buffett, Kenny Chesney, Eric Church, Fall Out Boy, G-Eazy, Phish, Leon Bridges, Rod Stewart, Kings of Leon, John Mayer, Dave Matthews Band, Bob Dylan, Def Leppard, Imagine Dragons, Luke Bryan, Twenty One Pilots, and Chris Stapleton to name a few.
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