Live Nation (events promoter)

{{Infobox company

| name = Live Nation

| former_name = {{nowrap|SFX Entertainment (1996–2000)}}
Clear Channel Entertainment (2000–2005)

| logo = Live Nation Logo.svg

| type = Subsidiary

| founded = {{Start date and age|1996}}

| founder = Robert F. X. Sillerman

| industry = Event promotion

| hq_location_city = Beverly Hills, California

| hq_location_country = U.S.

| num_employees = Full-time: 8,800
Part-time: 28,000

| parent = SFX Broadcasting (1996–2000)
Clear Channel Communications (2000–2005)
Live Nation Entertainment (2010–present)

| website = [http://www.livenation.com/ LiveNation.com]

| revenue = {{profit}} US$ 10.34 billion

| revenue_year = 2017

| operating_income = {{profit}} US$ 91.4 million

| income_year = 2017

| net_income = {{loss}} US$ -6 million

| net_income_year = 2017

| assets = {{increase}} US$ 7.504 billion

| assets_year = 2017

| equity = {{increase}} US$ 1.418 million

| equity_year = 2017

}}

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.

History

= Early years =

The company was originally established in 1996 as SFX Entertainment, a subsidiary of media executive Robert F. X. Sillerman's SFX Broadcasting.{{Cite web|url=https://www.washingtonpost.com/archive/lifestyle/1998/08/28/a-concert-promoter-out-to-steal-the-show/c3112e04-f252-43c8-b512-ed587f974d89/|title=A CONCERT PROMOTER OUT TO STEAL THE SHOW?|last=Harrington|first=Richard|date=28 August 1998|access-date=5 December 2019}}{{Cite book|url=https://books.google.com/books?id=UDdpAwAAQBAJ&q=Delsener/Slater+acquired&pg=PA166|title=The Music Business and Recording Industry|last1=Hull|first1=Geoffrey P.|last2=Hutchison|first2=Thomas|last3=Strasser|first3=Richard|date=2011-06-23|publisher=Routledge|isbn=9781136911118|language=en}} During the late 1990s, SFX acquired a number of concert promoters, including Sunshine Promotions,{{cite news|url=https://www.nytimes.com/1997/03/12/business/sfx-broadcasting-buying-sunshine-for-50-million.html|title=Sfx Broadcasting Buying Sunshine for $50 Million|date=12 March 1997|newspaper=The New York Times}} The Entertainment Group,{{cite web|url=https://variety.com/1999/music/news/sfx-lands-in-chicago-1117490089/|title=SFX lands in Chicago|last=Morgan|first=Richard|date=12 January 1999}} and Avalon Entertainment Partners.{{cite web|url=https://www.latimes.com/archives/la-xpm-1998-mar-19-fi-30535-story.html|title=SFX Entertainment to Buy L.A. Concert Promoter Avalon|last=MATZER|first=MARLA|date=19 March 1998|via=Los Angeles Times}} In 2000, Sillerman sold SFX to Clear Channel Communications for $4.4 billion.{{cite web|url=https://www.rollingstone.com/music/news/sale-of-promoter-aeg-would-radically-alter-concert-business-20120921|title=Sale of Promoter AEG Would Radically Alter Concert Business|access-date=17 April 2013|date=2012-09-21}} In 2005, Clear Channel spun off its entertainment division and named the new company Live Nation.{{cite news|url=http://mediadecoder.blogs.nytimes.com/2013/02/26/sfx-entertainment-buys-electronic-dance-music-site/|title=SFX Entertainment Buys Electronic Dance Music Site|last=Sisario|first=Ben|date=26 February 2013|work=Media Decoder|access-date=16 April 2013|publisher=The New York Times}}{{cite web|url=http://pdf.secdatabase.com/57/0000950129-05-012210.pdf|title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Dec 23, 2005|publisher=SEC Database|access-date=Mar 27, 2013}} Michael Rapino was appointed as the company's CEO.{{Cite news|url=https://www.wsj.com/articles/SB113460359053522836|title=Clear Channel Gives Details on Spinoff Of Live Nation Unit|date=2005-12-15|work=Wall Street Journal|access-date=2019-12-05|language=en-US|issn=0099-9660}}

= 2006 to 2009 =

After spinning off from Clear Channel, Live Nation acquired companies in the music industry while selling off other lines of business.{{Cite web|url=https://variety.com/2008/legit/markets-festivals/live-nation-sells-off-theater-division-1117979556/|title=Live Nation sells off theater division|last=Cox|first=Gordon|date=2008-01-24|website=Variety|language=en|access-date=2019-12-05}} The company acquired the House of Blues chain in 2006.{{Cite news|url=https://www.latimes.com/archives/la-xpm-2006-jul-06-fi-live6-story.html|title=House of Blues Sold to Live Nation|last=Duhigg|first=Charles|date=2006-07-06|work=Los Angeles Times|access-date=2018-02-01|language=en-US|issn=0458-3035}} Live Nation also made several international acquisitions between 2006 and 2009, including Gamerco, a concert promoter based in Spain.{{Cite web|url=https://www.hollywoodreporter.com/news/live-nation-expand-spain-france-147218|title=Live Nation to expand into Spain, France|website=The Hollywood Reporter|date=20 December 2006|language=en|access-date=2019-12-05}} 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.{{cite web|url=http://www.playbill.com/news/article/114555.html|title=Key Brand Entertainment Acquires Live Nation Tour Markets|author=Jones, Kenneth|date=January 24, 2008|publisher=Playbill|url-status=dead|archive-url=https://web.archive.org/web/20080531134523/http://www.playbill.com/news/article/114555.html|archive-date=May 31, 2008|access-date=2008-07-21}} Also in September 2008, Feld Entertainment acquired its motorsports division.{{cite news|url=http://www.bizjournals.com/washington/stories/2008/09/08/daily71.html?page=all|title=Feld Entertainment enters motor sports business|last=Plumb|first=Tierney|date=September 11, 2009|newspaper=Washington Business Journal|access-date=May 11, 2013}}

= Merger with Ticketmaster =

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.{{Cite news|url=https://techcrunch.com/2009/02/10/ticketmaster-and-live-nation-conduct-25-billion-merger-create-live-nation-entertainment/|title=TicketMaster and Live Nation Agree to $2.5 Billion Merger|last=Hendrickson|first=Mark|work=TechCrunch|access-date=2018-02-01|language=en}}{{Cite news|url=https://www.nytimes.com/2010/04/25/business/25ticket.html|title=Ticketmaster Joins Live Nation, and an Industry Quakes|last=Segal|first=David|date=2010-04-24|work=The New York Times|access-date=2018-02-01|language=en-US|issn=0362-4331}}

The proposal initially received regulatory approval in Norway and Turkey.{{cite web|url=http://files.shareholder.com/downloads/TICK/0x0x340322/ff220710-6ab4-4baf-b088-1b61758f4eea/TKTM_News_2009_12_22_General_News_Releases.pdf|title=MEDIA STATEMENT: Ticketmaster and Live Nation Welcome Competition Commission Ruling on Merger|date=April 9, 2014|work=files.shareholder.com|url-status=dead|archive-url=https://web.archive.org/web/20140409091622/http://files.shareholder.com/downloads/TICK/0x0x340322/ff220710-6ab4-4baf-b088-1b61758f4eea/TKTM_News_2009_12_22_General_News_Releases.pdf|archive-date=April 9, 2014|access-date=April 9, 2014}}{{Cite web|url=https://www.rollingstone.com/music/music-news/live-nation-ticketmaster-merger-approved-in-u-k-182586/|title=Live Nation-Ticketmaster Merger Approved in U.K.|last=Kreps|first=Daniel|date=2009-12-22|website=Rolling Stone|language=en-US|access-date=2019-12-05}} In October 2009, the United Kingdom's Competition Commission provisionally ruled against the merger with Ticketmaster.{{cite news|url=https://www.wired.com/epicenter/2009/10/live-nationticketmaster-merger-faces-obstacles-here-and-abroad/|title=Live Nation/Ticketmaster Merger Faces Obstacles Here and Abroad|author=Van Buskirk, Eliot|date=October 12, 2009|work=Wired|access-date=2009-10-19}} The Competition Commission later cleared the merger on December 22, 2009.{{Cite news|url=https://www.theguardian.com/business/2009/dec/22/ticketmaster-merger-allowed|title=Ticketmaster and Live Nation merger given go-ahead|last1=Wearden|first1=Graeme|date=2009-12-22|work=The Guardian|access-date=2019-12-05|last2=Clark|first2=Andrew|language=en-GB|issn=0261-3077}}

The United States Department of Justice approved the merger in 2010.{{cite news|url=http://www.latimes.com/business/la-fi-ct-ticketmaster26-2010jan26,0,5237319,full.story|archive-url=https://web.archive.org/web/20100129062607/http://www.latimes.com/business/la-fi-ct-ticketmaster26-2010jan26,0,5237319,full.story|url-status=dead|archive-date=January 29, 2010|title=Ticketmaster-Live Nation merger gets Justice Department's approval|author=Chmielewski, Dawn C.|author2=Fritz, Ben|author3=Lewis, Randy|date=January 26, 2010|access-date=January 26, 2010|work=Los Angeles Times}} 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. The company also agreed not to interfere with competition for the ten-year life of the agreement.

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."{{cite news|url=https://www.rollingstone.com/rockdaily/index.php/2009/02/04/bruce-springsteen-furious-at-ticketmaster-rails-against-live-nation-merger/|archive-url=https://web.archive.org/web/20090207073333/http://www.rollingstone.com/rockdaily/index.php/2009/02/04/bruce-springsteen-furious-at-ticketmaster-rails-against-live-nation-merger|url-status=dead|archive-date=February 7, 2009|title=Bruce Springsteen "Furious" At Ticketmaster, Rails Against Live Nation Merger|date=February 4, 2009|access-date=2009-10-19}} Additionally, Ticketdisaster.org, a coalition of consumer rights and anti-trust groups, released a statement opposing the merger.{{Cite news|url=https://www.nytimes.com/2010/01/26/business/26ticket.html|title=Justice Dept. Clears Ticketmaster-Live Nation Merger|last=Sisario|first=Ben|date=2010-01-25|work=The New York Times|access-date=2019-12-05|language=en-US|issn=0362-4331}}

= 2011 to present =

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.{{Cite news|url=https://www.wsj.com/articles/SB10001424052748704422204576130050245362060|title=Live Nation Buys Artist Agency|last=Stynes|first=Tess|date=2011-02-07|work=The Wall Street Journal|access-date=2019-12-05|language=en-US|issn=0099-9660}} Also in 2011, Live Nation acquired online measurement company Big Champagne.{{Cite web|url=https://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/12/live-nation-acquires-big-champagne.html|title=Live Nation acquires BigChampagne|date=2011-12-14|website=Los Angeles Times Blogs - Company Town|language=en-US|access-date=2019-12-05}} 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.{{cite web|url=https://www.spin.com/2013/06/electric-daisy-carnival-insomniac-dick-clark-productions-edm-awards-2014/|title=Electric Daisy Chain: Insomniac and Dick Clark Prod. Plan 2014 EDM Awards|work=Spin|access-date=20 July 2013|date=2013-06-21}}{{cite web|url=http://www.billboard.com/biz/articles/news/branding/1567396/live-nation-teams-with-insomniac-events-in-creative-partnership|title=Live Nation Teams With Insomniac Events in 'Creative Partnership'|work=Billboard.biz|date=20 June 2013|access-date=20 July 2013}}

In December 2015, Live Nation launched Live Nation Productions, a film and television division.{{Cite web|url=https://variety.com/2018/film/news/heather-parry-live-nation-productions-star-is-born-believer-1203010660/|title=Heather Parry's Live Nation Productions Is Booming With 'A Star Is Born,' 'Believer,' More|last=Aswad|first=Jem|date=2018-10-30|website=Variety|language=en|access-date=2019-12-05}} In 2018, Live Nation Productions produced A Star is Born, which starred Lady Gaga and Bradley Cooper.{{Cite news|url=https://www.wsj.com/articles/with-a-star-is-born-live-nation-gains-hollywood-clout-1540904400|title=With 'A Star Is Born,' Live Nation Gains Hollywood Clout|last=Steele|first=Anne|newspaper=The Wall Street Journal|date=30 October 2018|language=en-US|access-date=2019-12-05}}

Live Nation has acquired a stake in a number of festivals and festival management companies, including Voodoo Music & Arts Experience{{Cite web|url=https://www.billboard.com/articles/business/1567396/live-nation-teams-with-insomniac-events-in-creative-partnership|title=Live Nation Teams With Insomniac Events in 'Creative Partnership'|website=Billboard|date=20 June 2013|access-date=2019-12-05}} and Bonnaroo Music and Arts Festival.{{Cite web|url=https://www.latimes.com/entertainment/envelope/cotown/la-et-ct-live-nation-buys-controlling-stake-in-bonnaroo-20150428-story.html|title=Live Nation Entertainment buys controlling stake in Bonnaroo festival|date=2015-04-28|website=Los Angeles Times|language=en-US|access-date=2019-12-05}} In 2016, Live Nation partnered with Jägermeister to sponsor six electronic dance music festivals.{{Cite web|url=https://www.adweek.com/brand-marketing/jagermeister-cleans-its-act-summer-crazy-treehouse-inspired-installation-171431/|title=Jagermeister Cleans Up Its Act for Summer With a Crazy Treehouse-Inspired Installation|last=Birkner|first=Christine|website=www.adweek.com|language=en-US|access-date=2019-12-05}} The company has also sponsored Music Midtown, a music festival based in Atlanta.{{Cite web|url=https://saportareport.com/music-midtown-is-an-urban-balancing-act/|title=Music Midtown is an urban balancing act|date=2018-09-18|website=SaportaReport|language=en-US|access-date=2019-12-05}} In 2017, Live Nation acquired BottleRock Napa Valley music festival.{{Cite web|url=https://www.mercurynews.com/2017/01/13/live-nation-acquires-bottlerock-napa-valley/|title=Live Nation acquires BottleRock Napa Valley|date=2017-01-13|website=The Mercury News|language=en-US|access-date=2019-12-05}}{{Cite web|url=https://www.billboard.com/articles/business/7989016/live-nation-acquires-united-concerts-utah-promoter|title=Live Nation Acquires Utah Promoter United Concerts|website=Billboard|date=4 October 2017|access-date=2019-12-05}}

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.{{cite web|url=https://www.billboard.com/articles/business/touring/8545543/live-nation-lawn-pass-unlimited-concert-access|title=Live Nation Announces Return of Unlimited Concert Access 'Lawn Pass'|date=5 December 2019|work=Billboard}}

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

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.{{Cite web|last=Banks|first=Gabrielle|date=2021-11-06|title=Astroworld promoters oversaw other events where concertgoers burst through a barricade, trampled fellow fans|url=https://www.houstonchronicle.com/news/houston-texas/article/Astroworld-Festival-concert-producer-has-history-16597508.php|access-date=2021-11-07|website=Houston Chronicle|language=en-US}}

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

In May 2024,{{cite web |last1=MUKHERJEE |first1=AMRITANSHU |title=From ‘The Eras Tour’ Debacle To A Data Breach, Decoding The Live Nation-Ticketmaster Controversy |url=https://www.augustman.com/sg/gear/tech/timeline-of-ticketmaster-controversy-data-breach/ |website=August Man |access-date=8 June 2024}} the company confirmed rumours of a massive (1.3 TB){{cite web |last1=Ikeda |first1=Scott |title=560 Million Ticketmaster Customers Impacted by Recent Data Breach, Includes Financial Information |url=https://www.cpomagazine.com/cyber-security/560-million-ticketmaster-customers-impacted-by-recent-data-breach-includes-financial-information/ |website=CPO Magazine |access-date=8 June 2024}} data leak,{{cite web |last1=Jackson |first1=Ashleigh |title=Ticketmaster data breach? Hackers claim over 500 million users compromised |url=https://thehill.com/homenews/nexstar_media_wire/4692567-ticketmaster-data-breach-hackers-claim-over-500-million-users-compromised/ |website=The Hill |access-date=8 June 2024}} at subsidiary Ticketmaster,{{cite web |last1=Hewson |first1=Georgie |title=Home Affairs Department confirms cyber incident impacting Ticketmaster customers |url=https://www.abc.net.au/news/2024-05-29/ticketmaster-hack-allegedlyshinyhunter-customers-data-leaked/103908614 |website=ABC News |access-date=8 June 2024}} The leak was attributed to the malicious efforts of ShinyHunters, a hacker group who allegedly targeted the company's Snowflake (cloud-based){{cite web |last1=Seals |first1=Tara |title=Ticketmaster Confirms Cloud Breach, Amid Murky Details |url=https://www.darkreading.com/cyberattacks-data-breaches/ticketmaster-confirms-cloud-breach-murky-details |website=Dark Reading |access-date=8 June 2024}} infrastructure.{{cite web |last1=McGowran |first1=Leigh |title=Ticketmaster breach linked to growing Snowflake attack |url=https://www.siliconrepublic.com/enterprise/ticketmaster-data-breach-snowflake-cloud-campaign |website=Silicon Republic |access-date=8 June 2024}} The incident led to a class action lawsuit.{{cite web |last1=Schappert |first1=Stefanie |title=Ticketmaster hit with class action suit over massive data breach |url=https://cybernews.com/news/ticketmaster-data-breach-class-action-lawsuit-live-nation/ |website=Cybernews |access-date=8 June 2024}}{{cite web |last1=Penn |first1=Saffire |title=560 million Ticketmaster customers’ personal details allegedly stolen by hacker group |url=https://www.jurist.org/news/2024/05/560-million-ticketmaster-customers-personal-details-allegedly-stolen-by-hacker-group/ |website=Jurist |access-date=8 June 2024}}

Artists and venues

Live Nation has an artist management division called Artist Nation.{{Cite web|url=https://www.musicbusinessworldwide.com/live-nation-companies-now-manage-500-artists-worldwide/|title=Live Nation companies now manage over 500 artists worldwide|date=2017-02-27|website=Music Business Worldwide|language=en-US|access-date=2019-12-05}} 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.{{Cite web|url=https://www.rollingstone.com/music/music-news/madonna-deal-done-material-mom-signs-with-live-nation-113320/|title=Madonna Deal Done: Material Mom Signs With Live Nation|date=2007-10-16|website=Rolling Stone|language=en-US|access-date=2019-12-05}}

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.{{cite news|url=http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKBNG16028420081218|archive-url=https://web.archive.org/web/20081221122624/http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKBNG16028420081218|url-status=dead|archive-date=December 21, 2008|title=UPDATE 1-Live Nation takes $19 mln hit on U2 buyback deal|last=Kamalakaran|first=Ajay|date=December 18, 2008|work=Reuters}}

In July 2008, Shakira signed an estimated $70–100 million contract with Live Nation.{{cite news|url=https://www.rollingstone.com/music/news/van-halen-shakira-seal-support-live-nation-ticketmaster-merger-20090224|title=Van Halen, Shakira, Seal Support Live Nation/Ticketmaster Merger|date=24 February 2009|work=Rolling Stone|access-date=31 May 2011}}{{cite news|url=http://www.emirates247.com/2.291/entertainment/businesswoman-shakira-mesmerises-with-new-album-2009-10-16-1.25224|title=Businesswoman Shakira mesmerises with new album|date=16 October 2009|work=Emirates 24/7|access-date=31 May 2011}}{{cite news|url=http://news.bbc.co.uk/2/hi/entertainment/7487572.stm|title=Singer Shakira joins Live Nation|date=3 July 2008|work=BBC Online|access-date=31 May 2011}} The same year, Live Nation signed a 3-tour deal with Canadian rock band, Nickelback.{{Cite web|url=https://www.rollingstone.com/music/music-news/nickelback-sign-360-deal-with-live-nation-244654/|title=Nickelback Sign 360 Deal with Live Nation|last=Kreps|first=Daniel|date=2008-07-08|website=Rolling Stone|language=en-US|access-date=2019-12-05}} 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.[http://music.guardian.co.uk/news/story/0,,2270696,00.html Jay-Z to sign deal with Live Nation] Rosie Swash, The Guardian, April 3, 2008. Accessed July 2008 Jay-Z signed a second 10-year deal with Live Nation in 2017.{{cite web|url=https://www.huffingtonpost.com/2013/04/09/jay-z-universal-roc-nation_n_3044895.html|title=Jay-Z & Universal Ink Deal To Move Roc Nation Over From Sony|last=Makarechi|first=Kia|date=9 April 2013|via=Huff Post}}{{Cite web|url=https://www.forbes.com/sites/zackomalleygreenburg/2017/05/11/jay-zs-new-10-year-live-nation-deal-is-worth-200-million/|title=Jay Z's New 10-Year Live Nation Deal Is Worth $200 Million|last=Greenburg|first=Zack O'Malley|website=Forbes|language=en|access-date=2019-12-05}}

Live Nation owns several venues and venue chains, including the House of Blues chain of clubs.{{Cite news|url=https://www.nytimes.com/2006/07/06/business/media/06music.html|title=Big Promoter of Concerts to Acquire House of Blues|last=Leeds|first=Jeff|date=2006-07-06|work=The New York Times|access-date=2019-12-05|language=en-US|issn=0362-4331}}{{Cite web|url=https://www.billboard.com/the-real/live-nation-unveils-plans-for-a-new-fillmore-venue-in-new-orleans/|title=Live Nation Unveils Plans for New Fillmore Venue in New Orleans|website=Billboard|access-date=2019-12-05}} The company also owns amphitheaters{{Cite web|url=https://www.billboard.com/articles/business/8487546/live-nation-announces-lawn-pass-season-entry-venue-list|title=Live Nation Announces First-Ever Lawn Pass for Season-Long Entry to 29 Amphitheaters: Exclusive|website=Billboard|date=30 November 2018|access-date=2019-12-05}} and operates several venues that it does not own.{{Cite web|url=https://www.billboard.com/articles/business/8463047/live-nation-acquires-red-mountain-entertainment|title=Live Nation Acquires Red Mountain Entertainment|website=Billboard|date=27 June 2018|access-date=2019-12-05}}

International

Between 2011 and 2013, Live Nation acquired companies in Dubai, Australia, New Zealand, and the UK.{{Cite web|url=https://www.billboard.com/articles/news/festivals/8269706/download-festival-melbourne-expand-2019-sydney|title=Download Festival Rocks Melbourne, Prepares to Expand in 2019|website=Billboard|date=29 March 2018|access-date=2019-12-05}}

=Venues and artist promotion=

Live Nation owns and manages several international venues, including the Queen Elizabeth Olympic Park in London, England,{{Cite news|url=https://www.telegraph.co.uk/culture/music/music-news/9817831/Olympic-Park-to-host-Live-Nation-concerts-and-festivals-from-July.html|title=Olympic Park to host Live Nation concerts and festivals from July|work=Daily Telegraph|last=Vincent|first=Alice|date=2013-01-22|access-date=2019-12-05|language=en-GB|issn=0307-1235}} and 3Arena in Ireland.{{Cite web|url=https://www.irishtimes.com/business/media-and-marketing/live-nation-records-big-jump-in-dublin-3arena-profits-1.2825363|title=Live Nation records big jump in Dublin 3Arena profits|last=Paul|first=Mark| date=11 Oct 2016|website=The Irish Times|language=en|access-date=2019-12-05}} It also owns Ticketmaster and MCD Productions in Ireland.{{cite web | last=O'Halloran | first=Barry | title=Live Nation’s Irish holding company loses €6.3m in 2022 | website=The Irish Times | date=16 January 2024 | url=https://www.irishtimes.com/business/2024/01/16/live-nation-company-loses-63m/ | access-date=19 February 2024}} 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, Shepherds Bush Empire, and others.

In 2017, Live Nation acquired a majority stake in Israeli promoter Bluestone Entertainment.{{Cite web|url=https://www.billboard.com/articles/business/7684887/live-nation-bluestone-deal-ticketmaster-israel-launch|title=Live Nation Acquires Majority Stake in Tel Aviv's Bluestone, Launches Ticketmaster Israel|website=Billboard|date=7 February 2017|access-date=2019-12-05}}

In Ireland, Live Nation entered into a 50/50 joint venture with Gaiety Investments in 2018, called LN-Gaiety. Gaiety owned MCD Productions. {{Cite web|url=https://www.billboard.com/articles/business/8470647/live-nation-uk-president-coo-paul-latham-retiring|title=Live Nation UK President/COO Paul Latham Announces Retirement|website=Billboard|date=16 August 2018|access-date=2019-12-05}} LN-Gaiety has made a number of acquisitions, including the Academy Group and MAMA & Co. in 2015.{{Cite web|url=https://www.irishtimes.com/blogs/ontherecord/2015/08/06/the-mama-of-all-takeovers/|title=The MAMA of all takeovers|website=Irish Times|access-date=2019-12-05|archive-date=2019-12-05|archive-url=https://web.archive.org/web/20191205161520/https://www.irishtimes.com/blogs/ontherecord/2015/08/06/the-mama-of-all-takeovers/|url-status=dead}}

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,{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1335258/000119312512075895/d277780dex211.htm |title=Subsidiaries of the Company|website=www.sec.gov|access-date=2019-12-05}}{{Cite web |url=https://www.iq-mag.net/2017/01/evago-acquires-mojo-barriers/|title=Evago acquires Mojo Barriers|date=2017-01-18|website=IQ Magazine|language=en-GB|access-date=2019-12-05}} and Swedish EDM promoter Stureplansgruppen Live.{{Cite web|url=https://www.musicbusinessworldwide.com/live-nation-acquires-majority-stake-in-swedens-spg-live/|title=Live Nation acquires majority stake in Sweden's SPG Live|date=2015-03-05|website=Music Business Worldwide|language=en-US|access-date=2019-12-05}}

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.{{cite web | last=Brandle | first=Lars | title=Anita’s Theatre Becomes Live Nation's First Regional Venue: Exclusive | website=The Music Network | date=18 July 2022 | url=https://themusicnetwork.com/anitas-theatre-live-nation-regional-australia-venue-exclusive/ | access-date=19 February 2024}}

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

=Festivals=

The company acquired several international festivals and festival management firms in 2016, including the Sweden Rock Festival;{{Cite web|url=https://www.billboard.com/articles/business/7587978/live-nation-acquires-sweden-rock-festival|title=Live Nation Acquires Sweden Rock Festival|website=Billboard|date=23 November 2016|access-date=2019-12-05}} Australia's Secret Sounds Group; and Union Events, an Alberta-owned festival and concert promotion company.{{Cite web|url=https://edmontonjournal.com/entertainment/festivals/albertas-union-events-purchased-by-american-live-nation|title=Alberta's Union Events purchased by American concert promoter Live Nation {{!}} Edmonton Journal|first=Fish|last= Griwkowsky|date=2016-02-17|language=en|access-date=2019-12-05}}{{Citation needed|date=December 2019}}

{{as of|2019}} Live Nation owns a majority stake in Festival Republic, a UK concert promoter,{{Cite web|url=https://www.pollstar.com/article/ln-gaiety-mcd-productions-merger-probed-in-ireland-136996 |title=LN-Gaiety MCD Productions Merger Probed In Ireland|website=Pollstar |date= 1 April 2019|access-date=2019-12-05}} that organizes festivals such as the Reading and Leeds Festivals, Isle of Wight Festival, and Latitude.{{Cite web|url=https://www.billboard.com/articles/6436630/festival-republic-melvin-benn-lollapalooza-europe-lifetime-achievement|title=Melvin Benn, Promoter Behind Reading and Leeds Fests, on Fest Economics, Bringing Lolla to Europe|website=Billboard|date=13 January 2015|access-date=2019-12-05}}

Other festivals owned by Live Nation include the Download Festival in Donington, England, the Rhythm and Vines Festival in New Zealand, and the Wireless Festival in London.{{Cite web|url=https://www.billboard.com/articles/news/8368496/live-nation-acquires-new-zealand-rhythm-vines-festival|title=Live Nation Acquires New Zealand's Rhythm and Vines Festival|website=Billboard|date=23 April 2018|access-date=2019-12-05}}{{Cite web|url=https://www.islingtongazette.co.uk/news/environment/wireless-festival-live-nation-haringey-council-hackney-islington-licensing-1-5845124|title=Wireless Festival promoter Live Nation withdraws appeal over licensing restrictions after deal struck with Haringey|last=Gelder|first=Sam|website=Islington Gazette|date=9 January 2019|language=en|access-date=2019-12-05}} In 2019 Live Nation acquired Finland's leading urban music festival, Blockfest{{cite web |title=Live Nation Acquires Finland's Leading Urban Music Festival, Blockfest |url=https://www.livenationentertainment.com/2019/02/live-nation-acquires-finlands-leading-urban-music-festival-blockfest/ |website=Live Nation Entertainment |access-date=7 May 2023 |date=15 February 2019}}

References

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