New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. - Alex Bruford, Jill Barber 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. This is Live Nation's 30th transaction in the Media sector. the complete list of todays Zacks #1 Rank stocks here. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. Birmingham, Alabama Area. Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio. We use cookies to understand how you use our site and to improve your experience. http://www.investors.livenationentertainment.com, Cision Distribution 888-776-0942 Live Nation, being the worlds 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 festival promoters intheUnited States. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. LIVE NATION ACQUIRES PREMIER U.S. RME has extensive experience in booking and promoting concerts throughout the United States in venues ranging from clubs and theatres to arenas and stadiums. - Jeremy Sharp, Brendan Maclean Arts & Music Festival in Richardson, TX. 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. Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Our goal is to bring your favorite band to your city and create memorable experiences. 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 in Red . - Jeremy Sharp, formerly of The Harbour Agency, Bad Pony Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. 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'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. Last Updated on July 2, 2018 by Olivia Perreault, Live Nation Buys Stake In Red Mountain Entertainment To Improve Shows. (RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concer. Red Mountain has promoted shows 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. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. Red Mountain Entertainment has the reputation as being one of the premier regional concert and festival . While Lindblad and Town Sports flaunt a Zacks Rank #1 (Strong Buy), RCI Hospitality carries a Zacks Rank #2 (Buy). WhatsApp acquired by Facebook). Live Nation Entertainment (NYSE: LYV) has acquired a majority stake in Birmingham's Red Mountain Entertainment. 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. Official Music Video Chart Top 50 11 April 2021 - 17 April 2021 LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.3 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. 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. Copyright 2023 Surperformance. This is Live Nations 1st transaction in Alabama. Plus500. Thank you for subscribing to our newsletter. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! - Jeremy Sharp, Ben Lee The entire Red Mountain team will continue to stay with the company and operate from their home base of Birmingham, Alabama as they become part of Live Nation. Photo Credit: Michelle Stancil (PRNewsfoto/Live Nation Entertainment). 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. This is Live Nations 30th transaction in the Media sector. - Jeremy Lascelles (co-management), Rory Powers BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . Additionally, Red Mountain is actively involved in the production of music festivals throughout the Southeast includingSloss Music & Arts Festival, which the company co-owns with AC Entertainment and VMI, andhas exclusive booking partnerships with Beale Street Music Festival in Memphis and Wildflower! - Daniel Morgan & Vichara Edirisinghe, Skunk Anansie Search Crunchbase. Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. The company's services include production of music festivals, booking and promoting of concerts, shows, beer festivals, music festivals and amphitheater projects in clubs, theatres, arenas and stadiums. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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! from 8 AM - 9 PM ET. Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. Snap Expands Partnership With Live Nation to Bring Augmented Reality Features to Music .. Live Nation Entertainment, Inc. : Change in Directors or Principal Officers, Financial Sta.. Live Nation Entertainment Elects Rich Paul To Board Of Directors, Live Nation Entertainment Elects Rich Paul to its Board of Directors, Roth MKM Starts Live Nation Entertainment at Neutral. 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. - Lori Peters (Worldwide except Canada), Angie Hart In May 2018, Live . 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. 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. 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. Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. 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. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Delayed quotes by FIS. This is Live Nation's 1st transaction in Alabama. 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. Live Nation Entertainment, Inc. LYV announced its procurement of a majority stake in Red Mountain Entertainment.Live Nation, being the world's leading live entertainment company, plans to . 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. Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. Emporium Presents is an independent national concert promoter. | March 21, 2023 - Sinan Ors, Mata Products. - Tom Dark, This Paranormal Life Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. 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 . 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. Start Free Trial . These returns cover a period from January 1, 1988 through April 3, 2023. In fact, driven by a robust brand portfolio, Live Nations shares have rallied 35.7% in the past year, outperforming the broaderindustrys growth of 0.5%. Additionally, Red Mountain is actively involved in the production of music festivals throughout the Southeast includingSloss Music & Arts Festival, which the company co-owns with AC Entertainment and VMI, andhas exclusive booking partnerships with Beale Street Music Festival in Memphis and Wildflower! "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Get concert tickets, news and more! Early investors could realize exceptional profits. It has also divested 7 assets. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. 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. "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.". PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. For additional information, visitwww.livenationentertainment.com. Visit Performance Disclosure for information about the performance numbers displayed above. Live Nation was formed in 2005 and is based in Beverly Hills, California. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better.
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