(RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concer. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. 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. The entire Red Mountain Team will continue to stay with the company and operate from their home base of Birmingham, Ala., according to a Live Nation announcement. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconference, Live Nation Entertainment Elects Rich Paul To Board Of Directors. This is Live Nation's 15th transaction in the United States. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. WhatsApp acquired by Facebook). To learn more, click here. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. Live Nation Entertainment, Inc. (NYSE:LYV) completed the acquisition of majority stake in Red Mountain Entertainment on June 27, 2018. 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 company has spent over $ 12M for the acquisitions. Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y Poltica de cookies. Festival in non-traditional venues such as outdoor city centers and parks. . Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. Real-time Estimate Cboe BZX Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. - Jeremy Sharp, Busby Marou
It's largest disclosed sale occurred in 2009, when it sold Live . Financial terms of the deal were not disclosed. For additional information, visitwww.livenationentertainment.com. - Daniel Morgan & Vichara Edirisinghe, Skunk Anansie
Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. If you wish to go to ZacksTrade, click OK. Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. Red Mountain Entertainment operaets as a full-service concert and festival promoter. The world's leading entertainment company, Live Nation Entertainment, is buying a majority stake in Birmingham-based Red Mountain Entertainment, the company recently announced. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. 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. Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama.