Live Nation Legal Name
In October 2016, Live Nation Entertainment acquired AC Entertainment, a music company based in Knoxville, Tennessee, as well as several international companies. In 2009, Live Nation and Ticketmaster, a concert promotion and ticketing company, agreed to merge. The new company received regulatory approval and was named Live Nation Entertainment. [3] [4] Michael Rapino, then CEO of Live Nation, became CEO of the new company, while Ticketmaster CEO Irving Azoff was named executive chairman. [5] In 2021, Live Nation acquired a majority stake in live entertainment company Veeps, whose founding team includes Benji and Joel Madden of Good Charlotte. In 2021, Live Nation acquired a majority stake in streaming entertainment company Veeps. [40] On April 25, 2022, Live Nation acquired Filipino promoter Music Management International (MMI) to establish its local office. [41] Live Nation Entertainment`s official website is livenationentertainment.com Live Nation Entertainment, Inc. operates as a live entertainment company. It operates in the concert, ticketing and sponsorship & advertising segments. The Concerts segment promotes live music events at its own or operated venues and operates and manages concert halls in leased third-party venues, produces music festivals, creates related content, and provides management and other services to artists.
The Ticketing segment manages ticketing operations, including the provision of ticketing software and services to customers for tickets and event information through its main livenation.com and ticketmaster.com websites, and provides ticket resale services. This segment sells tickets for its events as well as to third-party customers in various categories of live events such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, varsity sports teams, performance venues, museums and theaters via websites, mobile apps, ticket sales outlets and telephone call centres. The Sponsorship & Advertising segment sells international, national and local sponsorships and advertising placements, including posters, advertising programs, rich multimedia offerings that include advertising related to live streaming and music-related content and advertisements on its distribution network of venues, events and websites. This segment also manages the development of strategic sponsorship programs and develops, reserves and produces events or customized programs for specific brands. Zum 31. As of December 2020, it owned, operated or leased 155 entertainment venues in North America and 76 entertainment venues internationally. The company was previously known as Live Nation, Inc. and was renamed Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was founded in 2005 and is headquartered in Beverly Hills, California. Live Nation Entertainment, Inc.
is a live show ticketing, sales and marketing company. In August 2015, Live Nation announced that it would form Live Nation Deutschland in partnership with German promoter Marek Lieberberg. Live Nation Germany would also oversee Live Nation events in Austria and Switzerland. [21] In February 2016, Live Nation acquired Canada`s largest independent concert promoter, Union Events. The following month, in March 2016, Live Nation acquired Big Concerts International, South Africa`s leading concert promoter.[22] [23] Live Nation Entertainment`s business areas are concerts, ticketing, sponsorship and advertising. [29] The company promotes and operates live music events and manages artists under its Live Nation Concerts division. [29] Live Nation Entertainment`s artist management arm, called Artist Nation, is included in its concert division,[42][29] and also includes Front Line Management and Roc Nation. [43] Live Nation Entertainment owns and operates venues, including the House of Blues. [44] The company sells tickets for live events through Ticketmaster. [29] Q.ai carries on business as Quantalytics Holdings, LLC. Q.ai, LLC is a wholly owned subsidiary of Quantalytics Holdings, LLC (“Quantalytics”).
Quantalytics is not an investment advisor, brokerage firm or registered investment firm. Any data, information or opinions presented by Quantalytics are for informational purposes only. Such data, information or opinions do not constitute an offer to sell or buy or a solicitation to buy or sell any securities. All investments and investment recommendations involve risk. Any prospective estimates made by Quantalytics may prove to be incorrect and unrealized. All data, information or opinions expressed in any form are subject to change without notice. Any data, information or opinions contained in Quantalytics, in whatever form, attributed to a third party constitute Quantalytics` interpretation of the data, information or opinions provided by such third party, whether publicly or through a subscription service, and such use and interpretation has not been verified by the third party. The data, information and opinions presented come from sources that Quantalytics believes to be reliable. Quantalytics makes no representation as to their accuracy or completeness. Nothing discussed or presented in Quantalytics constitutes a representation that any investment, investment strategy or recommendation is appropriate or appropriate to an investor`s individual situation or is otherwise a personal recommendation. In November 2021, during the Astroworld Festival[54] – a concert organized and conducted in Houston by rapper Travis Scott and promoted by Live Nation – an incident of human destruction occurred that left 10 dead[55][56] and nearly 5,000 injured.
[57] Live Nation, Scott, and other parties involved have been named in more than 387 lawsuits related to the incident, which were consolidated into a single case as of January 2022. [58] [59] [60] In December 2021, the U.S. House of Representatives Oversight Committee announced a bipartisan investigation into Live Nation`s role in the incident. [61] [62] Live Nation Entertainment, Inc. is an American global entertainment company founded in 2010 following the merger of Live Nation and Ticketmaster. The Company promotes, operates and manages ticket sales for live performances in the United States and abroad. It also owns and operates entertainment venues and manages the careers of musical artists. The company has been criticized for its role in consolidating the live events industry, allegations that it engages in anti-competitive practices, and injuries and deaths at some of its events. In 2013, the company acquired Voodoo Music + Arts Experience and announced a joint venture with Insomniac Events, a promoter focused on electronic dance music. [15] [16] [17] The company subsequently acquired C3 Presents (2014),[18] Bonnaroo Music and Arts Festival (2015),[19] and Founders Entertainment (2016), the parent company of the Governors Ball Music Festival. [20] The portfolio includes the LIV nightclub at the historic Hotel Fontainebleau, which opened in 2008 to host the annual Victoria`s Secret fashion show in 2008.For more information, see the SEC`s website privacy and security policy.