Login to add posts to your read later list, Event Ticketing Resources For Secondary and Primary. All rights reserved. Zacks Equity Research which it co-owns with AC Entertainment (also a Live Nation company) and VMI, and exclusively books Beale Street Music Festival in Memphis, Tennessee, and Wildflower! All are billed as "An Evening with James Taylor & His All-Star Band." . 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. Increased Focus on Concert & Ticketing Business. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. For additional information, visitwww.livenationentertainment.com. Emporium Presents, and 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. MarketScreener: Created by Investors for Investors! Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. Arts & Music Festival in Richardson, TX. Additionally, the companys name will stay the same, a spokeswoman said. LIVE NATION ACQUIRES PREMIER U.S. 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. Red Mountain will continue. 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. See our report's 7 new picks today, absolutely FREE. Find Events 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. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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 . The company promotes over 400 shows annually across a variety of entertainment offerings including concerts, stand-up comedy, and performances by celebrated TV personalities. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Official Music Video Chart Top 50 11 April 2021 - 17 April 2021 LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.3 Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. 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Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. We use cookies to understand how you use our site and to improve your experience. Live Nation Entertainment, Inc. (NYSE:LYV) completed the acquisition of majority stake in Red Mountain Entertainment on June 27, 2018. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Under the terms of the acquisition, the Red Mountain team will operate from Birmingham, AL and continue to supervise all operations starting from concert and festival promotions to venue consulting. 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. Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Resources. Early investors could realize exceptional profits. Arts & Music Festival in Richardson, TX. Get concert tickets, news and more! 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. Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. Introducing Vibee : The destination experience company built for music fans, founded by li.. Birmingham, Alabama's largest concert promoter, Red Mountain Entertainment, has been bought by concert giant Live Nation Entertainment in hopes to bring more shows to the area. Teaming up with Red Mountain, Live Nation is primarily trying to strengthen its hold in the U.S. concert business. The monthly returns are then compounded to arrive at the annual return. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. Live Nation . When typing in this field, a list of search results will appear and be automatically updated as you type. Plus500. This includes personalizing content and advertising. (RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concert and festival promoters in the United States. "Given their entrepreneurial approach to business, their personal relationshipsand their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.". June 18 at 7:30 p.m., Oak Mountain . Start Free Trial . 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Red Mountain Entertainment operaets as a full-service concert and festival promoter. This is Live Nations 30th transaction in the Media sector. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. - Jeremy Lascelles (co-management), Rory Powers 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. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. Try For Free Find tour dates and live music events for all your favorite bands and artists in your city! Live Nation has acquired a majority stake in US concert and festival promoter Red Mountain Entertainment. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. PROMOTER RED MOUNTAIN ENTERTAINMENT Lindblad, Town Sports International and RCIs earnings for 2018 are expected to grow 155.6%, 211.8% and 52.5%, respectively. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. 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. Red Mountain Entertainment operaets as a full-service concert and festival promoter. hardrockfan. - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi Real-time Estimate Cboe BZX This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. 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. This is Live Nation's 30th transaction in the Media sector. Live Nation (LYV) Expected to Beat Earnings Estimates: Should You Buy? 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.. Red Mountain Entertainment operaets as a full-service concert and festival promoter. - Tom Dark, Sur Back Notably, in the last reported quarter, Live Nations concert business grew 20% year over year through efficient promotions. | Live Nation Entertainment, Inc. acquired majority stake in Red Mountain Entertainment on June 27, 2018. - Marlon Burton & Graham Clews, Yellow Days "From day one, our goal at Red Mountain has always been "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.". Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. 1 Breaking The Bands 32-Year Streak, Morgan Wallen Postpones Three More Shows With Vocal Issues, Willie Nelsons Outlaw Music Festival Announces Additional Dates, Kylie Dembek Hired as Country Music Project Manager at ONErpm, Dancing With The Stars Judge Len Goodman, Dead At 78, The Mechanical Licensing Collective Seeks New Board Members. It can uplift, inspire and create a memory that lasts a lifetime. For additional information, visitwww.livenationentertainment.com. 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. Announced Date . Privacy Policy | No cost, no obligation to buy anything ever. Our goal is to bring your favorite band to your city and create memorable experiences. 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. From day one, our goal at Red Mountain has always been to bring fans favorite artists to town, Gary Weinberger,Red Mountains president, said in a statement. NYSE and AMEX data is at least 20 minutes delayed. . 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. "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. 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. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! Jun. The company has spent over $ 12M for the acquisitions. Arts & Music Festival in Richardson, TX. - Sinan Ors, Mata Copyright 2023 Surperformance. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Thank you for subscribing to our newsletter. Red Mountain Entertainment has the reputation as being one of the premier regional concert and festival . 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. "Given their entrepreneurial approach to business, their personal relationshipsand their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.". The entire Red Mountain team will continue to stay with the company and operate from their home. "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. 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. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. - Kat Kennedy (co-management), Skunk Anansie 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. RME has extensive experience in booking and promoting concerts throughout the United States in venues ranging from clubs and theatres to arenas and stadiums. "Given their entrepreneurial approach to business, their personal relationshipsand their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.". Our goal is to bring your favorite band to your city and create memorable experiences. As the world's leading live entertainment company, we are privileged to work with artists to bring their creativity to life on stages around the world. Photo Credit: Michelle Stancil (PRNewsfoto/Live Nation Entertainment). -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. 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. 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. Operator of full-service concert, event and festival. Personal Assistant. - Tom Dark, This Paranormal Life 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. 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. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. Emporium Presents is an independent national concert promoter. In May 2018, Live . Description. 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. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. The Red Mountain team will continue to operate from Birmingham and the group will supervise all operations from concert and festival promotions to venue consulting as normal. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. 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. This is Live Nation's 15th transaction in the United States. Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. Chrome Extension. BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . - Lori Peters (Worldwide except Canada), Angie Hart NASDAQ data is at least 15 minutes delayed. PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. 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 . Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Red Mountain Entertainment is based in Birmingham, Alabama. 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! Given their entrepreneurial approach to business, their personal relationships and their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.. 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. Overview of Live Nation's Acquisitions. Red Mountain will continue to oversee all operations for its events and projects, which range from concert promotions to festival promotion and production, as well as venue consulting. Theyve brought big-name artists like John Mayer, Bob Dylan, Twenty One Pilots, and Paul Simon to the state, and its current shows on the agenda include Miranda Lambert and Little Big Town at the Wharf. It's largest disclosed sale occurred in 2009, when it sold Live . 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. 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. 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! - Jeremy Sharp, Busby Marou 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. Real-time Estimate Cboe BZX Get The Best Industry News, Data, Insider Commentary And More, Delivered Right To Your Inbox. . Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia and other conditions.

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