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Live Nation (events promoter)

January 01, 1970

For the parent company, see Live Nation Entertainment.

Live Nation is an American events promoter and venue operator based in Beverly Hills, California. Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster. In 2000, the company was sold to Clear Channel Communications for $4.4 billion and operated as Clear Channel Entertainment until 2005, when it was spun off as Live Nation. In 2010, Live Nation merged with the ticketing firm Ticketmaster to form a larger conglomerate named Live Nation Entertainment.

Live Nation
FormerlySFX Entertainment (1996–2000)
Clear Channel Entertainment (2000–2005)
Company typeSubsidiary
IndustryEvent promotion
Founded1996; 28 years ago (1996)
FounderRobert F. X. Sillerman
Headquarters
Beverly Hills, California
,
U.S.
Revenue US$ 10.34 billion (2017)
US$ 91.4 million (2017)
US$ -6 million (2017)
Total assets US$ 7.504 billion (2017)
Total equity US$ 1.418 million (2017)
Number of employees
Full-time: 8,800
Part-time: 28,000
ParentSFX Broadcasting (1996–2000)
Clear Channel Communications (2000–2005)
Live Nation Entertainment (2010–present)
WebsiteLiveNation.com

History edit

Early years edit

The company was originally established in 1996 as SFX Entertainment, a subsidiary of media executive Robert F. X. Sillerman's SFX Broadcasting.[1][2] During the late 1990s, SFX acquired a number of concert promoters, including Sunshine Promotions,[3] The Entertainment Group,[4] and Avalon Entertainment Partners.[5][1] In 2000, Sillerman sold SFX to Clear Channel Communications for $4.4 billion.[6] In 2005, Clear Channel spun off its entertainment division and named the new company Live Nation.[7][8] Michael Rapino was appointed as the company's CEO.[9]

2006 to 2009 edit

After spinning off from Clear Channel, Live Nation acquired companies in the music industry while selling off other lines of business.[10] The company acquired the House of Blues chain in 2006.[11] Live Nation also made several international acquisitions between 2006 and 2009, including Gamerco, a concert promoter based in Spain.[12] In January 2008, Live Nation sold its North American theatrical business (including the Broadway Across America business) to Key Brand Entertainment for $90.4 million.[13][10] Also in September 2008, Feld Entertainment acquired its motorsports division.[14]

Merger with Ticketmaster edit

In February 2009, Live Nation announced that it had reached an agreement to merge with the ticket broker Ticketmaster in a $2.5 billion, all-stock deal.[15][16]

The proposal initially received regulatory approval in Norway and Turkey.[17][18] In October 2009, the United Kingdom's Competition Commission provisionally ruled against the merger with Ticketmaster.[19] The Competition Commission later cleared the merger on December 22, 2009.[17][18][20]

The United States Department of Justice approved the merger in 2010.[21] A condition of the approval, Ticketmaster agreed to license its software to rival Anschutz Entertainment Group, and to sell its subsidiary Paciolan to Comcast Spectacor, Comcast's sporting events subsidiary.[21] The company also agreed not to interfere with competition for the ten-year life of the agreement.[21]

In response to the merger, music artist Bruce Springsteen wrote in a post on his website, "the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system, thereby returning us to a near monopoly situation in music ticketing."[22] Additionally, Ticketdisaster.org, a coalition of consumer rights and anti-trust groups, released a statement opposing the merger.[23]

2011 to present edit

Live Nation made acquisitions following the merger with Ticketmaster. In 2011, it acquired the remaining 25% of Front Line Management Group Inc., an artist management firm that was majority owned by Ticketmaster.[24] Also in 2011, Live Nation acquired online measurement company Big Champagne.[25] In June 2013, Insomniac Events, a promoter focused on electronic dance music, announced a major "creative partnership" with Live Nation, giving the promoter access to Live Nation's resources while remaining an independent company. Live Nation did not take any ownership stake in Insomniac.[26][27]

In December 2015, Live Nation launched Live Nation Productions, a film and television division.[28] In 2018, Live Nation Productions produced A Star is Born, which starred Lady Gaga and Bradley Cooper.[29]

Live Nation has acquired a stake in a number of festivals and festival management companies, including Voodoo Music & Arts Experience[30] and Bonnaroo Music and Arts Festival.[31] In 2016, Live Nation partnered with Jägermeister to sponsor six electronic dance music festivals.[32] The company has also sponsored Music Midtown, a music festival based in Atlanta.[33] In 2017, Live Nation acquired BottleRock Napa Valley music festival.[34][35]

In late 2019, Live Nation announced "Lawn Pass", a one-time fee program for concertgoers to attend all 2020 events in the lawn section at 29 outdoor amphitheaters in the United States.[36]

The company has agreed to match a $500,000 donation by singer Lizzo to Planned Parenthood in response to the Supreme Court decision to overturn Roe vs. Wade.

Controversies edit

According to a Houston Chronicle investigative report, Live Nation had been linked to at least 750 injuries and around 200 deaths at its events in seven countries since 2006.[37]

The company has been under scrutiny by federal regulators for work safety and antitrust violations.[37]

Artists and venues edit

Live Nation has an artist management division called Artist Nation.[38] In October 2007, Live Nation reached a 10-year deal with Madonna, under which the company would collaborate on several facets of her career, including touring and merchandising.[39]

In March 2008, it was confirmed that Live Nation signed a 12-year deal with U2 worth an estimated $100 million (£70 million).The parties agreed that the band would receive $25 million for 1.6 million shares of the company; as of 17 December 2008, those shares were worth only just over $6 million. It was reported on 18 December 2008 that Live Nation, honoring their financial commitment, bought back the shares at a loss of $19 million.[40]

In July 2008, Shakira signed an estimated $70–100 million contract with Live Nation.[41][42][43] The same year, Live Nation signed a 3-tour deal with Canadian rock band, Nickelback.[44] Also in 2008, a deal between Jay-Z and Live Nation for $152 million was confirmed. The deal covered financing of Jay-Z's own entertainment venture, live shows, tours and future recordings.[45] Jay-Z signed a second 10-year deal with Live Nation in 2017.[46][47]

Live Nation owns several venues and venue chains, including the House of Blues chain of clubs.[11][48][49] The company also owns amphitheaters[50] and operates several venues that it does not own.[51]

International edit

Between 2011 and 2013, Live Nation acquired companies in Dubai, Australia, New Zealand, and the UK.[52]

Venues and artist promotion edit

Live Nation owns and manages several international venues, including the Queen Elizabeth Olympic Park in London, England,[53] and 3Arena in Ireland.[54] It also owns Ticketmaster and MCD Productions in Ireland.[55] In March 2007 Live Nation/Gaiety bought a majority share in 10 music venues from the Academy Music Group, which owns venues including the Brixton Academy,[56] Shepherds Bush Empire, and others.

In 2017, Live Nation acquired a majority stake in Israeli promoter Bluestone Entertainment.[57]

In Ireland, Live Nation entered into a 50/50 joint venture with Gaiety Investments in 2018, called LN-Gaiety. Gaiety owned MCD Productions. [58] LN-Gaiety has made a number of acquisitions, including the Academy Group and MAMA & Co. in 2015.[59]

The company owns several international artist and venue management firms, including former Welldone Agency & Promotions in Finland (Live Nation Finland), EMA Telstar Group in Sweden (Live Nation Sweden), Gunnar Eide Concerts in Norway (Live Nation Norway), Mojo Concerts in the Netherlands,[60][61] and Swedish EDM promoter Stureplansgruppen Live.[62]

In Australia, Live Nation Australia owns the operating rights for several live music venues, including the Palais Theatre in Melbourne, the Fortitude Music Hall in Brisbane, Hindley Street Music Hall in Adelaide, and Anita's Theatre in the regional NSW town of Thirroul.[63]

In January 2024 it was reported that Live Nation Ireland had lost €6 million in 2022.[55]

Festivals edit

The company acquired several international festivals and festival management firms in 2016, including the Sweden Rock Festival;[64] Australia's Secret Sounds Group; and Union Events, an Alberta-owned festival and concert promotion company.[65][citation needed]

As of 2019 Live Nation owns a majority stake in Festival Republic, a UK concert promoter,[56] that organizes festivals such as the Reading and Leeds Festivals, Isle of Wight Festival, and Latitude.[66]

Other festivals owned by Live Nation include the Download Festival in Melbourne, Australia, the Rhythm and Vines Festival in New Zealand, and the Wireless Festival in London.[67][68] In 2019 Live Nation acquired Finland's leading urban music festival, Blockfest[69]

See also edit

References edit

  • [70] Paul Sloan, Fortune Magazine, November 30, 2007. Accessed July 2008
  • [71] CCE Spinco, Inc. Common Stock Issue. At Us Government Archives. Accessed July 2008
  • [72] Live Nation Entertainment
  • [73] Seeking Alpha
  • [74] Variety
  • [75] Live Nation Takes Over
  • [76] History of SFX Entertainment
  1. ^ a b Harrington, Richard (28 August 1998). "A CONCERT PROMOTER OUT TO STEAL THE SHOW?". Retrieved 5 December 2019.
  2. ^ Hull, Geoffrey P.; Hutchison, Thomas; Strasser, Richard (2011-06-23). The Music Business and Recording Industry. Routledge. ISBN 9781136911118.
  3. ^ "Sfx Broadcasting Buying Sunshine for $50 Million". The New York Times. 12 March 1997.
  4. ^ Morgan, Richard (12 January 1999). "SFX lands in Chicago".
  5. ^ MATZER, MARLA (19 March 1998). "SFX Entertainment to Buy L.A. Concert Promoter Avalon" – via Los Angeles Times.
  6. ^ "Sale of Promoter AEG Would Radically Alter Concert Business". 2012-09-21. Retrieved 17 April 2013.
  7. ^ Sisario, Ben (26 February 2013). "SFX Entertainment Buys Electronic Dance Music Site". Media Decoder. The New York Times. Retrieved 16 April 2013.
  8. ^ "Clear Channel Communications, Form 8-K, Current Report, Filing Date Dec 23, 2005" (PDF). SEC Database. Retrieved Mar 27, 2013.
  9. ^ "Clear Channel Gives Details on Spinoff Of Live Nation Unit". Wall Street Journal. 2005-12-15. ISSN 0099-9660. Retrieved 2019-12-05.
  10. ^ a b Cox, Gordon (2008-01-24). "Live Nation sells off theater division". Variety. Retrieved 2019-12-05.
  11. ^ a b Duhigg, Charles (2006-07-06). "House of Blues Sold to Live Nation". Los Angeles Times. ISSN 0458-3035. Retrieved 2018-02-01.
  12. ^ "Live Nation to expand into Spain, France". The Hollywood Reporter. 20 December 2006. Retrieved 2019-12-05.
  13. ^ Jones, Kenneth (January 24, 2008). . Playbill. Archived from the original on May 31, 2008. Retrieved 2008-07-21.
  14. ^ Plumb, Tierney (September 11, 2009). "Feld Entertainment enters motor sports business". Washington Business Journal. Retrieved May 11, 2013.
  15. ^ Hendrickson, Mark. "TicketMaster and Live Nation Agree to $2.5 Billion Merger". TechCrunch. Retrieved 2018-02-01.
  16. ^ Segal, David (2010-04-24). "Ticketmaster Joins Live Nation, and an Industry Quakes". The New York Times. ISSN 0362-4331. Retrieved 2018-02-01.
  17. ^ a b (PDF). files.shareholder.com. April 9, 2014. Archived from the original (PDF) on April 9, 2014. Retrieved April 9, 2014.
  18. ^ a b Kreps, Daniel (2009-12-22). "Live Nation-Ticketmaster Merger Approved in U.K." Rolling Stone. Retrieved 2019-12-05.
  19. ^ Van Buskirk, Eliot (October 12, 2009). "Live Nation/Ticketmaster Merger Faces Obstacles Here and Abroad". Wired. Retrieved 2009-10-19.
  20. ^ Wearden, Graeme; Clark, Andrew (2009-12-22). "Ticketmaster and Live Nation merger given go-ahead". The Guardian. ISSN 0261-3077. Retrieved 2019-12-05.
  21. ^ a b c Chmielewski, Dawn C.; Fritz, Ben; Lewis, Randy (January 26, 2010). . Los Angeles Times. Archived from the original on January 29, 2010. Retrieved January 26, 2010.
  22. ^ . February 4, 2009. Archived from the original on February 7, 2009. Retrieved 2009-10-19.
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  24. ^ Stynes, Tess (2011-02-07). "Live Nation Buys Artist Agency". The Wall Street Journal. ISSN 0099-9660. Retrieved 2019-12-05.
  25. ^ "Live Nation acquires BigChampagne". Los Angeles Times Blogs - Company Town. 2011-12-14. Retrieved 2019-12-05.
  26. ^ "Electric Daisy Chain: Insomniac and Dick Clark Prod. Plan 2014 EDM Awards". Spin. 2013-06-21. Retrieved 20 July 2013.
  27. ^ "Live Nation Teams With Insomniac Events in 'Creative Partnership'". Billboard.biz. 20 June 2013. Retrieved 20 July 2013.
  28. ^ Aswad, Jem (2018-10-30). "Heather Parry's Live Nation Productions Is Booming With 'A Star Is Born,' 'Believer,' More". Variety. Retrieved 2019-12-05.
  29. ^ Steele, Anne (30 October 2018). "With 'A Star Is Born,' Live Nation Gains Hollywood Clout". The Wall Street Journal. Retrieved 2019-12-05.
  30. ^ "Live Nation Teams With Insomniac Events in 'Creative Partnership'". Billboard. 20 June 2013. Retrieved 2019-12-05.
  31. ^ "Live Nation Entertainment buys controlling stake in Bonnaroo festival". Los Angeles Times. 2015-04-28. Retrieved 2019-12-05.
  32. ^ Birkner, Christine. "Jagermeister Cleans Up Its Act for Summer With a Crazy Treehouse-Inspired Installation". www.adweek.com. Retrieved 2019-12-05.
  33. ^ "Music Midtown is an urban balancing act". SaportaReport. 2018-09-18. Retrieved 2019-12-05.
  34. ^ "Live Nation acquires BottleRock Napa Valley". The Mercury News. 2017-01-13. Retrieved 2019-12-05.
  35. ^ "Live Nation Acquires Utah Promoter United Concerts". Billboard. 4 October 2017. Retrieved 2019-12-05.
  36. ^ "Live Nation Announces Return of Unlimited Concert Access 'Lawn Pass'". Billboard. 5 December 2019.
  37. ^ a b Banks, Gabrielle (2021-11-06). "Astroworld promoters oversaw other events where concertgoers burst through a barricade, trampled fellow fans". Houston Chronicle. Retrieved 2021-11-07.
  38. ^ "Live Nation companies now manage over 500 artists worldwide". Music Business Worldwide. 2017-02-27. Retrieved 2019-12-05.
  39. ^ "Madonna Deal Done: Material Mom Signs With Live Nation". Rolling Stone. 2007-10-16. Retrieved 2019-12-05.
  40. ^ Kamalakaran, Ajay (December 18, 2008). "UPDATE 1-Live Nation takes $19 mln hit on U2 buyback deal". Reuters.
  41. ^ "Van Halen, Shakira, Seal Support Live Nation/Ticketmaster Merger". Rolling Stone. 24 February 2009. Retrieved 31 May 2011.
  42. ^ "Businesswoman Shakira mesmerises with new album". Emirates 24/7. 16 October 2009. Retrieved 31 May 2011.
  43. ^ "Singer Shakira joins Live Nation". BBC Online. 3 July 2008. Retrieved 31 May 2011.
  44. ^ Kreps, Daniel (2008-07-08). "Nickelback Sign 360 Deal with Live Nation". Rolling Stone. Retrieved 2019-12-05.
  45. ^ Jay-Z to sign deal with Live Nation Rosie Swash, The Guardian, April 3, 2008. Accessed July 2008
  46. ^ Makarechi, Kia (9 April 2013). "Jay-Z & Universal Ink Deal To Move Roc Nation Over From Sony" – via Huff Post.
  47. ^ Greenburg, Zack O'Malley. "Jay Z's New 10-Year Live Nation Deal Is Worth $200 Million". Forbes. Retrieved 2019-12-05.
  48. ^ Leeds, Jeff (2006-07-06). "Big Promoter of Concerts to Acquire House of Blues". The New York Times. ISSN 0362-4331. Retrieved 2019-12-05.
  49. ^ "Live Nation Unveils Plans for New Fillmore Venue in New Orleans". Billboard. Retrieved 2019-12-05.
  50. ^ "Live Nation Announces First-Ever Lawn Pass for Season-Long Entry to 29 Amphitheaters: Exclusive". Billboard. 30 November 2018. Retrieved 2019-12-05.
  51. ^ "Live Nation Acquires Red Mountain Entertainment". Billboard. 27 June 2018. Retrieved 2019-12-05.
  52. ^ "Download Festival Rocks Melbourne, Prepares to Expand in 2019". Billboard. 29 March 2018. Retrieved 2019-12-05.
  53. ^ Vincent, Alice (2013-01-22). "Olympic Park to host Live Nation concerts and festivals from July". Daily Telegraph. ISSN 0307-1235. Retrieved 2019-12-05.
  54. ^ Paul, Mark (11 Oct 2016). "Live Nation records big jump in Dublin 3Arena profits". The Irish Times. Retrieved 2019-12-05.
  55. ^ a b O'Halloran, Barry (16 January 2024). "Live Nation's Irish holding company loses €6.3m in 2022". The Irish Times. Retrieved 19 February 2024.
  56. ^ a b "LN-Gaiety MCD Productions Merger Probed In Ireland". Pollstar. 1 April 2019. Retrieved 2019-12-05.
  57. ^ "Live Nation Acquires Majority Stake in Tel Aviv's Bluestone, Launches Ticketmaster Israel". Billboard. 7 February 2017. Retrieved 2019-12-05.
  58. ^ "Live Nation UK President/COO Paul Latham Announces Retirement". Billboard. 16 August 2018. Retrieved 2019-12-05.
  59. ^ . Irish Times. Archived from the original on 2019-12-05. Retrieved 2019-12-05.
  60. ^ "Subsidiaries of the Company". www.sec.gov. Retrieved 2019-12-05.
  61. ^ "Evago acquires Mojo Barriers". IQ Magazine. 2017-01-18. Retrieved 2019-12-05.
  62. ^ "Live Nation acquires majority stake in Sweden's SPG Live". Music Business Worldwide. 2015-03-05. Retrieved 2019-12-05.
  63. ^ Brandle, Lars (18 July 2022). "Anita's Theatre Becomes Live Nation's First Regional Venue: Exclusive". The Music Network. Retrieved 19 February 2024.
  64. ^ "Live Nation Acquires Sweden Rock Festival". Billboard. 23 November 2016. Retrieved 2019-12-05.
  65. ^ Griwkowsky, Fish (2016-02-17). "Alberta's Union Events purchased by American concert promoter Live Nation | Edmonton Journal". Retrieved 2019-12-05.
  66. ^ "Melvin Benn, Promoter Behind Reading and Leeds Fests, on Fest Economics, Bringing Lolla to Europe". Billboard. 13 January 2015. Retrieved 2019-12-05.
  67. ^ "Live Nation Acquires New Zealand's Rhythm and Vines Festival". Billboard. 23 April 2018. Retrieved 2019-12-05.
  68. ^ Gelder, Sam (9 January 2019). "Wireless Festival promoter Live Nation withdraws appeal over licensing restrictions after deal struck with Haringey". Islington Gazette. Retrieved 2019-12-05.
  69. ^ "Live Nation Acquires Finland's Leading Urban Music Festival, Blockfest". Live Nation Entertainment. 15 February 2019. Retrieved 7 May 2023.
  70. ^ "e8vk". www.sec.gov. Retrieved 2019-12-05.
  71. ^ "Freed from Clear Channel, Live Nation masters the Internet - Nov. 30, 2007". money.cnn.com. Retrieved 2019-12-05.
  72. ^ MarketScreener. "LIVE NATION ENTERTAINMENT, INC. : Shareholders Board Members Managers and Company Profile | MarketScreener". www.marketscreener.com. Retrieved 2019-12-05.
  73. ^ "Live Nation Entertainment (LYV) Q4 2017 Results - Earnings Call Transcript". Seeking Alpha. 2018-02-28. Retrieved 2019-12-05.
  74. ^ "Live Nation Reports a Record 2017 in Year-End Results". Variety. 2018-02-27. Retrieved 2019-12-05.
  75. ^ Edgers, Geoff (2006-01-25). "Live Nation takes over Clear Channel's concerts". Boston.com. Retrieved 2019-12-05.
  76. ^ "History of SFX Entertainment, Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved 2019-12-05.

External links edit

  • LiveNation.com

January 01, 1970
live, nation, events, promoter, parent, company, live, nation, entertainment, live, nation, american, events, promoter, venue, operator, based, beverly, hills, california, founded, 1996, robert, sillerman, entertainment, company, business, built, around, conso. For the parent company see Live Nation Entertainment Live Nation is an American events promoter and venue operator based in Beverly Hills California Founded in 1996 by Robert F X Sillerman as SFX Entertainment the company s business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster In 2000 the company was sold to Clear Channel Communications for 4 4 billion and operated as Clear Channel Entertainment until 2005 when it was spun off as Live Nation In 2010 Live Nation merged with the ticketing firm Ticketmaster to form a larger conglomerate named Live Nation Entertainment Live NationFormerlySFX Entertainment 1996 2000 Clear Channel Entertainment 2000 2005 Company typeSubsidiaryIndustryEvent promotionFounded1996 28 years ago 1996 FounderRobert F X SillermanHeadquartersBeverly Hills California U S RevenueUS 10 34 billion 2017 Operating incomeUS 91 4 million 2017 Net incomeUS 6 million 2017 Total assetsUS 7 504 billion 2017 Total equityUS 1 418 million 2017 Number of employeesFull time 8 800Part time 28 000ParentSFX Broadcasting 1996 2000 Clear Channel Communications 2000 2005 Live Nation Entertainment 2010 present WebsiteLiveNation com Contents 1 History 1 1 Early years 1 2 2006 to 2009 1 3 Merger with Ticketmaster 1 4 2011 to present 2 Controversies 3 Artists and venues 4 International 4 1 Venues and artist promotion 4 2 Festivals 5 See also 6 References 7 External linksHistory editEarly years edit The company was originally established in 1996 as SFX Entertainment a subsidiary of media executive Robert F X Sillerman s SFX Broadcasting 1 2 During the late 1990s SFX acquired a number of concert promoters including Sunshine Promotions 3 The Entertainment Group 4 and Avalon Entertainment Partners 5 1 In 2000 Sillerman sold SFX to Clear Channel Communications for 4 4 billion 6 In 2005 Clear Channel spun off its entertainment division and named the new company Live Nation 7 8 Michael Rapino was appointed as the company s CEO 9 2006 to 2009 edit After spinning off from Clear Channel Live Nation acquired companies in the music industry while selling off other lines of business 10 The company acquired the House of Blues chain in 2006 11 Live Nation also made several international acquisitions between 2006 and 2009 including Gamerco a concert promoter based in Spain 12 In January 2008 Live Nation sold its North American theatrical business including the Broadway Across America business to Key Brand Entertainment for 90 4 million 13 10 Also in September 2008 Feld Entertainment acquired its motorsports division 14 Merger with Ticketmaster edit In February 2009 Live Nation announced that it had reached an agreement to merge with the ticket broker Ticketmaster in a 2 5 billion all stock deal 15 16 The proposal initially received regulatory approval in Norway and Turkey 17 18 In October 2009 the United Kingdom s Competition Commission provisionally ruled against the merger with Ticketmaster 19 The Competition Commission later cleared the merger on December 22 2009 17 18 20 The United States Department of Justice approved the merger in 2010 21 A condition of the approval Ticketmaster agreed to license its software to rival Anschutz Entertainment Group and to sell its subsidiary Paciolan to Comcast Spectacor Comcast s sporting events subsidiary 21 The company also agreed not to interfere with competition for the ten year life of the agreement 21 In response to the merger music artist Bruce Springsteen wrote in a post on his website the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system thereby returning us to a near monopoly situation in music ticketing 22 Additionally Ticketdisaster org a coalition of consumer rights and anti trust groups released a statement opposing the merger 23 2011 to present edit Live Nation made acquisitions following the merger with Ticketmaster In 2011 it acquired the remaining 25 of Front Line Management Group Inc an artist management firm that was majority owned by Ticketmaster 24 Also in 2011 Live Nation acquired online measurement company Big Champagne 25 In June 2013 Insomniac Events a promoter focused on electronic dance music announced a major creative partnership with Live Nation giving the promoter access to Live Nation s resources while remaining an independent company Live Nation did not take any ownership stake in Insomniac 26 27 In December 2015 Live Nation launched Live Nation Productions a film and television division 28 In 2018 Live Nation Productions produced A Star is Born which starred Lady Gaga and Bradley Cooper 29 Live Nation has acquired a stake in a number of festivals and festival management companies including Voodoo Music amp Arts Experience 30 and Bonnaroo Music and Arts Festival 31 In 2016 Live Nation partnered with Jagermeister to sponsor six electronic dance music festivals 32 The company has also sponsored Music Midtown a music festival based in Atlanta 33 In 2017 Live Nation acquired BottleRock Napa Valley music festival 34 35 In late 2019 Live Nation announced Lawn Pass a one time fee program for concertgoers to attend all 2020 events in the lawn section at 29 outdoor amphitheaters in the United States 36 The company has agreed to match a 500 000 donation by singer Lizzo to Planned Parenthood in response to the Supreme Court decision to overturn Roe vs Wade Controversies editAccording to a Houston Chronicle investigative report Live Nation had been linked to at least 750 injuries and around 200 deaths at its events in seven countries since 2006 37 The company has been under scrutiny by federal regulators for work safety and antitrust violations 37 Artists and venues editLive Nation has an artist management division called Artist Nation 38 In October 2007 Live Nation reached a 10 year deal with Madonna under which the company would collaborate on several facets of her career including touring and merchandising 39 In March 2008 it was confirmed that Live Nation signed a 12 year deal with U2 worth an estimated 100 million 70 million The parties agreed that the band would receive 25 million for 1 6 million shares of the company as of 17 December 2008 those shares were worth only just over 6 million It was reported on 18 December 2008 that Live Nation honoring their financial commitment bought back the shares at a loss of 19 million 40 In July 2008 Shakira signed an estimated 70 100 million contract with Live Nation 41 42 43 The same year Live Nation signed a 3 tour deal with Canadian rock band Nickelback 44 Also in 2008 a deal between Jay Z and Live Nation for 152 million was confirmed The deal covered financing of Jay Z s own entertainment venture live shows tours and future recordings 45 Jay Z signed a second 10 year deal with Live Nation in 2017 46 47 Live Nation owns several venues and venue chains including the House of Blues chain of clubs 11 48 49 The company also owns amphitheaters 50 and operates several venues that it does not own 51 International editBetween 2011 and 2013 Live Nation acquired companies in Dubai Australia New Zealand and the UK 52 Venues and artist promotion edit Live Nation owns and manages several international venues including the Queen Elizabeth Olympic Park in London England 53 and 3Arena in Ireland 54 It also owns Ticketmaster and MCD Productions in Ireland 55 In March 2007 Live Nation Gaiety bought a majority share in 10 music venues from the Academy Music Group which owns venues including the Brixton Academy 56 Shepherds Bush Empire and others In 2017 Live Nation acquired a majority stake in Israeli promoter Bluestone Entertainment 57 In Ireland Live Nation entered into a 50 50 joint venture with Gaiety Investments in 2018 called LN Gaiety Gaiety owned MCD Productions 58 LN Gaiety has made a number of acquisitions including the Academy Group and MAMA amp Co in 2015 59 The company owns several international artist and venue management firms including former Welldone Agency amp Promotions in Finland Live Nation Finland EMA Telstar Group in Sweden Live Nation Sweden Gunnar Eide Concerts in Norway Live Nation Norway Mojo Concerts in the Netherlands 60 61 and Swedish EDM promoter Stureplansgruppen Live 62 In Australia Live Nation Australia owns the operating rights for several live music venues including the Palais Theatre in Melbourne the Fortitude Music Hall in Brisbane Hindley Street Music Hall in Adelaide and Anita s Theatre in the regional NSW town of Thirroul 63 In January 2024 it was reported that Live Nation Ireland had lost 6 million in 2022 55 Festivals edit The company acquired several international festivals and festival management firms in 2016 including the Sweden Rock Festival 64 Australia s Secret Sounds Group and Union Events an Alberta owned festival and concert promotion company 65 citation needed As of 2019 update Live Nation owns a majority stake in Festival Republic a UK concert promoter 56 that organizes festivals such as the Reading and Leeds Festivals Isle of Wight Festival and Latitude 66 Other festivals owned by Live Nation include the Download Festival in Melbourne Australia the Rhythm and Vines Festival in New Zealand and the Wireless Festival in London 67 68 In 2019 Live Nation acquired Finland s leading urban music festival Blockfest 69 See also edit nbsp Los Angeles portal nbsp Companies portal Instant Live LiveStyleReferences edit 70 Paul Sloan Fortune Magazine November 30 2007 Accessed July 2008 71 CCE Spinco Inc Common Stock Issue At Us Government Archives Accessed July 2008 72 Live Nation Entertainment 73 Seeking Alpha 74 Variety 75 Live Nation Takes Over 76 History of SFX Entertainment a b Harrington Richard 28 August 1998 A CONCERT PROMOTER OUT TO STEAL THE SHOW Retrieved 5 December 2019 Hull Geoffrey P Hutchison Thomas Strasser Richard 2011 06 23 The Music Business and Recording Industry Routledge ISBN 9781136911118 Sfx Broadcasting Buying Sunshine for 50 Million The New York Times 12 March 1997 Morgan Richard 12 January 1999 SFX lands in Chicago MATZER MARLA 19 March 1998 SFX Entertainment to Buy L A Concert Promoter Avalon via Los Angeles Times Sale of Promoter AEG Would Radically Alter Concert Business 2012 09 21 Retrieved 17 April 2013 Sisario Ben 26 February 2013 SFX Entertainment Buys Electronic Dance Music Site Media Decoder The New York Times Retrieved 16 April 2013 Clear Channel Communications Form 8 K Current Report Filing Date Dec 23 2005 PDF SEC Database Retrieved Mar 27 2013 Clear Channel Gives Details on Spinoff Of Live Nation Unit Wall Street Journal 2005 12 15 ISSN 0099 9660 Retrieved 2019 12 05 a b Cox Gordon 2008 01 24 Live Nation sells off theater division Variety Retrieved 2019 12 05 a b Duhigg Charles 2006 07 06 House of Blues Sold to Live Nation Los Angeles Times ISSN 0458 3035 Retrieved 2018 02 01 Live Nation to expand into Spain France The Hollywood Reporter 20 December 2006 Retrieved 2019 12 05 Jones Kenneth January 24 2008 Key Brand Entertainment Acquires Live Nation Tour Markets Playbill Archived from the original on May 31 2008 Retrieved 2008 07 21 Plumb Tierney September 11 2009 Feld Entertainment enters motor sports business Washington Business Journal Retrieved May 11 2013 Hendrickson Mark TicketMaster and Live Nation Agree to 2 5 Billion Merger TechCrunch Retrieved 2018 02 01 Segal David 2010 04 24 Ticketmaster Joins Live Nation and an Industry Quakes The New York Times ISSN 0362 4331 Retrieved 2018 02 01 a b MEDIA STATEMENT Ticketmaster and Live Nation Welcome Competition Commission Ruling on Merger PDF files shareholder com April 9 2014 Archived from the original PDF on April 9 2014 Retrieved April 9 2014 a b Kreps Daniel 2009 12 22 Live Nation Ticketmaster Merger Approved in U K Rolling Stone Retrieved 2019 12 05 Van Buskirk Eliot October 12 2009 Live Nation Ticketmaster Merger Faces Obstacles Here and Abroad Wired Retrieved 2009 10 19 Wearden Graeme Clark Andrew 2009 12 22 Ticketmaster and Live Nation merger given go ahead The Guardian ISSN 0261 3077 Retrieved 2019 12 05 a b c Chmielewski Dawn C Fritz Ben Lewis Randy January 26 2010 Ticketmaster Live Nation merger gets Justice Department s approval Los Angeles Times Archived from the original on January 29 2010 Retrieved January 26 2010 Bruce Springsteen Furious At Ticketmaster Rails Against Live Nation Merger February 4 2009 Archived from the original on February 7 2009 Retrieved 2009 10 19 Sisario Ben 2010 01 25 Justice Dept Clears Ticketmaster Live Nation Merger The New York Times ISSN 0362 4331 Retrieved 2019 12 05 Stynes Tess 2011 02 07 Live Nation Buys Artist Agency The Wall Street Journal ISSN 0099 9660 Retrieved 2019 12 05 Live Nation acquires BigChampagne Los Angeles Times Blogs Company Town 2011 12 14 Retrieved 2019 12 05 Electric Daisy Chain Insomniac and Dick Clark Prod Plan 2014 EDM Awards Spin 2013 06 21 Retrieved 20 July 2013 Live Nation Teams With Insomniac Events in Creative Partnership Billboard biz 20 June 2013 Retrieved 20 July 2013 Aswad Jem 2018 10 30 Heather Parry s Live Nation Productions Is Booming With A Star Is Born Believer More Variety Retrieved 2019 12 05 Steele Anne 30 October 2018 With A Star Is Born Live Nation Gains Hollywood Clout The Wall Street Journal Retrieved 2019 12 05 Live Nation Teams With Insomniac Events in Creative Partnership Billboard 20 June 2013 Retrieved 2019 12 05 Live Nation Entertainment buys controlling stake in Bonnaroo festival Los Angeles Times 2015 04 28 Retrieved 2019 12 05 Birkner Christine Jagermeister Cleans Up Its Act for Summer With a Crazy Treehouse Inspired Installation www adweek com Retrieved 2019 12 05 Music Midtown is an urban balancing act SaportaReport 2018 09 18 Retrieved 2019 12 05 Live Nation acquires BottleRock Napa Valley The Mercury News 2017 01 13 Retrieved 2019 12 05 Live Nation Acquires Utah Promoter United Concerts Billboard 4 October 2017 Retrieved 2019 12 05 Live Nation Announces Return of Unlimited Concert Access Lawn Pass Billboard 5 December 2019 a b Banks Gabrielle 2021 11 06 Astroworld promoters oversaw other events where concertgoers burst through a barricade trampled fellow fans Houston Chronicle Retrieved 2021 11 07 Live Nation companies now manage over 500 artists worldwide Music Business Worldwide 2017 02 27 Retrieved 2019 12 05 Madonna Deal Done Material Mom Signs With Live Nation Rolling Stone 2007 10 16 Retrieved 2019 12 05 Kamalakaran Ajay December 18 2008 UPDATE 1 Live Nation takes 19 mln hit on U2 buyback deal Reuters Van Halen Shakira Seal Support Live Nation Ticketmaster Merger Rolling Stone 24 February 2009 Retrieved 31 May 2011 Businesswoman Shakira mesmerises with new album Emirates 24 7 16 October 2009 Retrieved 31 May 2011 Singer Shakira joins Live Nation BBC Online 3 July 2008 Retrieved 31 May 2011 Kreps Daniel 2008 07 08 Nickelback Sign 360 Deal with Live Nation Rolling Stone Retrieved 2019 12 05 Jay Z to sign deal with Live Nation Rosie Swash The Guardian April 3 2008 Accessed July 2008 Makarechi Kia 9 April 2013 Jay Z amp Universal Ink Deal To Move Roc Nation Over From Sony via Huff Post Greenburg Zack O Malley Jay Z s New 10 Year Live Nation Deal Is Worth 200 Million Forbes Retrieved 2019 12 05 Leeds Jeff 2006 07 06 Big Promoter of Concerts to Acquire House of Blues The New York Times ISSN 0362 4331 Retrieved 2019 12 05 Live Nation Unveils Plans for New Fillmore Venue in New Orleans Billboard Retrieved 2019 12 05 Live Nation Announces First Ever Lawn Pass for Season Long Entry to 29 Amphitheaters Exclusive Billboard 30 November 2018 Retrieved 2019 12 05 Live Nation Acquires Red Mountain Entertainment Billboard 27 June 2018 Retrieved 2019 12 05 Download Festival Rocks Melbourne Prepares to Expand in 2019 Billboard 29 March 2018 Retrieved 2019 12 05 Vincent Alice 2013 01 22 Olympic Park to host Live Nation concerts and festivals from July Daily Telegraph ISSN 0307 1235 Retrieved 2019 12 05 Paul Mark 11 Oct 2016 Live Nation records big jump in Dublin 3Arena profits The Irish Times Retrieved 2019 12 05 a b O Halloran Barry 16 January 2024 Live Nation s Irish holding company loses 6 3m in 2022 The Irish Times Retrieved 19 February 2024 a b LN Gaiety MCD Productions Merger Probed In Ireland Pollstar 1 April 2019 Retrieved 2019 12 05 Live Nation Acquires Majority Stake in Tel Aviv s Bluestone Launches Ticketmaster Israel Billboard 7 February 2017 Retrieved 2019 12 05 Live Nation UK President COO Paul Latham Announces Retirement Billboard 16 August 2018 Retrieved 2019 12 05 The MAMA of all takeovers Irish Times Archived from the original on 2019 12 05 Retrieved 2019 12 05 Subsidiaries of the Company www sec gov Retrieved 2019 12 05 Evago acquires Mojo Barriers IQ Magazine 2017 01 18 Retrieved 2019 12 05 Live Nation acquires majority stake in Sweden s SPG Live Music Business Worldwide 2015 03 05 Retrieved 2019 12 05 Brandle Lars 18 July 2022 Anita s Theatre Becomes Live Nation s First Regional Venue Exclusive The Music Network Retrieved 19 February 2024 Live Nation Acquires Sweden Rock Festival Billboard 23 November 2016 Retrieved 2019 12 05 Griwkowsky Fish 2016 02 17 Alberta s Union Events purchased by American concert promoter Live Nation Edmonton Journal Retrieved 2019 12 05 Melvin Benn Promoter Behind Reading and Leeds Fests on Fest Economics Bringing Lolla to Europe Billboard 13 January 2015 Retrieved 2019 12 05 Live Nation Acquires New Zealand s Rhythm and Vines Festival Billboard 23 April 2018 Retrieved 2019 12 05 Gelder Sam 9 January 2019 Wireless Festival promoter Live Nation withdraws appeal over licensing restrictions after deal struck with Haringey Islington Gazette Retrieved 2019 12 05 Live Nation Acquires Finland s Leading Urban Music Festival Blockfest Live Nation Entertainment 15 February 2019 Retrieved 7 May 2023 e8vk www sec gov Retrieved 2019 12 05 Freed from Clear Channel Live Nation masters the Internet Nov 30 2007 money cnn com Retrieved 2019 12 05 MarketScreener LIVE NATION ENTERTAINMENT INC Shareholders Board Members Managers and Company Profile MarketScreener www marketscreener com Retrieved 2019 12 05 Live Nation Entertainment LYV Q4 2017 Results Earnings Call Transcript Seeking Alpha 2018 02 28 Retrieved 2019 12 05 Live Nation Reports a Record 2017 in Year End Results Variety 2018 02 27 Retrieved 2019 12 05 Edgers Geoff 2006 01 25 Live Nation takes over Clear Channel s concerts Boston com Retrieved 2019 12 05 History of SFX Entertainment Inc FundingUniverse www fundinguniverse com Retrieved 2019 12 05 External links editLiveNation com Retrieved from https en wikipedia org w index php title Live Nation events promoter amp oldid 1210765228, wikipedia, wiki, book, books, library,

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