All Acquisitions: 7 [View Details] Latest Acquisitions: Observatory OC (Apr 2019), Red Mountain Entertainment (Jun 2018), Cuffe & Taylor (Jan 2017) Key Acquisition . Comment. ZacksTrade and Zacks.com are separate companies. 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. Live Nation to scale Red Mountain - TheTicketingBusiness News Arts & Music Festival in Richardson, TX. Live Nation Acquires Premier U.S. Promoter Red Mountain Entertainment 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. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. 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 Entertainment Live Nation Entertainment is a producer, promoter, and seller of live concert tickets for artists and fans. Real-time Estimate Cboe BZX New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! Live Nation Buys Stake in Red Mountain to Improve Concerts "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. This is Live Nation's 1st transaction in Alabama. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. See our report's 7 new picks today, absolutely FREE. 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. Live Nation Entertainment, Inc. acquired majority stake in Red Mountain Copyright 2023, All Rights Reserved | Some TicketNews posts have affiliate links - it may receive a commission if you click a link and purchase tickets or other products. 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. LIVE NATION ACQUIRES PREMIER U.S. Lynyrd Skynyrd :: Charts & Sales History - UKMIX Forums (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. Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. The core concert promotions business handles show bookings in venues ranging from amphitheaters and arenas to clubs and theatres, including exclusive venues The Wharf Amphitheater, Tuscaloosa Amphitheater, Brandon Amphitheater, and Iron City. Responsible for the creation and execution of advertising, marketing and public relations campaigns for . Live Nation Entertainment acquires Red Mountain Entertainment - 2018-06 Live Nation Entertainment, Inc. (NYSE:LYV) acquired majority stake in Red Mountain Entertainment on June 27, 2018. 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. For additional information, visitwww.livenationentertainment.com. Official Music Video Chart Top 50 11 April 2021 - 17 April 2021 LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.3 "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.". NASDAQ data is at least 15 minutes delayed. Visit Performance Disclosure for information about the performance numbers displayed above. Live Nation, being the world's leading live entertainment company, plans to incorporate Red Mountain's market expertise, as the latter happens to be one of the pre-eminent regional concert and . Additionally, Red Mountain is actively involved in the production of music festivals throughout the Southeast including Sloss Music & Arts Festival, which the company co-owns with AC Entertainment and VMI, and has exclusive booking partnerships with Beale Street Music Festival in Memphis and Wildflower! Visit www.zacksdata.com to get our data and content for your mobile app or website. Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio. Red Mountain Entertainment operaets as a full-service concert and festival promoter. This is Live Nations 15th transaction in the United States. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. 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. Red Mountain handles show bookings in venues ranging from amphitheaters and arenas to clubs and theatres, including exclusive venues The Wharf Amphitheater, Tuscaloosa Amphitheater, Brandon Amphitheater, and Iron City. If you wish to go to ZacksTrade, click OK. All are billed as "An Evening with James Taylor & His All-Star Band." . Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. Find tour dates and live music events for all your favorite bands and artists in your city! PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers. Live Nation currently carries a Zacks Rank #3 (Hold). Moreover, the move is perfectly in line with Live Nations strategy for capturing more value for artists. 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. 3 Birmingham-based companies bought by national business entities Delayed quotes by FIS. - Jeremy Sharp, formerly of The Harbour Agency, Bad Pony This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. Description. Live Nation produces live music concerts; owns, operates, has exclusive booking rights for or has an equity interest in 148 venues, including House of Blues music venues and locations such as The Fillmore in San Francisco, the Hollywood Palladium, the Ziggo Dome in Amsterdam and The O2 Dublin; provides ticketing sales and marketing services; and provides artist management services. . Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. Financial terms of the deal were not disclosed. Our goal is to bring your favorite band to your city and create memorable experiences. This is Live Nation's 30th transaction in the Media sector. Login to add posts to your read later list, Event Ticketing Resources For Secondary and Primary. 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. Promoter Live Nation/Red Mountain Entertainment announced the dates on Monday. Live Nation Buys Stake in Red Mountain to Improve Concerts - Yahoo Finance Teaming up with Red Mountain, Live Nation is primarily trying to strengthen its hold in the U.S. concert business. About Us : Red Mountain Entertainment Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. Birmingham, Alabamas largest concert promoter, Red Mountain Entertainment, has been bought by concert giant Live Nation Entertainment in hopes to bring more shows to the area. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. 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 Entertainment, Inc. (LYV Quick QuoteLYV - Free Report) announced its procurement of a majority stake inRed Mountain Entertainment. 27, 2018, 10:00 AM. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Ala. I have had the great privilege to have known Gary, Jay and John for many years now, and they are just terrific people who have built a tremendous concert business, said Bob Roux, President, U.S. Concerts, Live Nation. Thank you for subscribing to our newsletter. This includes personalizing content and advertising. 5 Popular Ways to Invest in Gold: Which One Is Right for You? About Us : Red Mountain Entertainment 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. Live Nation Entertainment, Inc. (NYSE:LYV) completed the acquisition of majority stake in Red Mountain Entertainment on June 27, 2018. - Daniel Morgan & Vichara Edirisinghe, Skunk Anansie Home - Live Nation Entertainment Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. 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. Real time prices by BATS. Live Nation was formed in 2005 and is based in Beverly Hills, California. Post Cancel. . Additionally, Red Mountain is actively involved in the production of music festivals throughout the Southeast including Sloss Music & Arts Festival, which the company co-owns with AC Entertainment and VMI, and has exclusive booking partnerships with Beale Street Music Festival in Memphis and Wildflower! 86% of retail CFD accounts lose money. Products. Introducing Vibee : The destination experience company built for music fans, founded by li.. 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. Members can instantly access 500k+ Dates of Live Bands on Tour, Artist Avails, News Archives, and UNLIMITED Box Office without worrying about Pay-More Restrictions! Join Date: 09 Jun 2018; Posts: 1782; Share Tweet #285. 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. Red Mountain is just another promoter to add to their portfolio; the promoter said that they will use Live Nations resources to continue growing live entertainment offerings throughout the Southeastern United States, according to a press release. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Find Events Live Nation Entertainment : Acquires Premier U.S. Promoter Red Mountain - Alex Bruford, Jill Barber 7-Day Free Trial. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. - Tom Dark, Sur Back Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. The core concert promotions business handles show bookings in venues ranging from amphitheaters and arenas to clubs and theatres, including exclusive venues The Wharf Amphitheater, Tuscaloosa Amphitheater, Brandon Amphitheater, and Iron City. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. While working with Live Nation, Red Mountain will also be dynamically involved in organizing music festivals throughout the Southeast. Red Mountain Entertainment is a premier regional concert and festival promoter. Conrad Rafield III is Coca-Cola United's new board chairman Arts & Music Festival in Richardson, TX. Plus500. 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. The world's leading entertainment company, Live Nation Entertainment, is buying a majority stake in Birmingham-based Red Mountain Entertainment, the company recently announced. Live Nation Acquires Red Mountain Entertainment PROMOTER RED MOUNTAIN ENTERTAINMENT As it is, Live Nation registered its seventh consecutive year of record results in 2017 with revenue growth across all segments. 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. 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. Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Spicemas Launch 28th April, 2023 | entertainment, news presenter | GBN Red Mountain Entertainment - Crunchbase Company Profile & Funding Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. 86% of retail CFD accounts lose money, http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html, Registration on or use of this site constitutes acceptance of our. Arts & Music Festival in Richardson, TX. Red Mountain Entertainment - PitchBook Data - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi Red Mountain Entertainment. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Zacks Equity Research Live Nation Mergers and Acquisitions Summary | Mergr Red Mountain will continue. Sun May 2, 2021, 05:00. . Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. Media Company. This is Live Nations 1st transaction in Alabama. Arts & Music Festival in . Our goal is to bring your favorite band to your city and create memorable experiences. It has also divested 7 assets. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. 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. In a typical year, Live Nation welcomes around 100 million fans to events around the world, and now the still and sparkling mountain water will be front and center as the exclusive water across . - Marlon Burton & Graham Clews, Yellow Days Live Nation (events promoter) - Wikipedia Live Nation Acquires Premier U.S. Promoter Red Mountain Entertainment Acquisitions by Live Nation | Tracxn 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. It can uplift, inspire and create a memory that lasts a lifetime. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.