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Emporium Presents is an independent national concert promoter. 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. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. The company has spent over $ 12M for the acquisitions. Get concert tickets, news and more! This is Live Nations 15th transaction in the United States. 27, 2018, 10:00 AM. 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. Privacy Policy | No cost, no obligation to buy anything ever. A total of 4 acquisitions came from private equity firms. 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. Find Events NASDAQ data is at least 15 minutes delayed. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Solutions. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks Equity Research Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. All rights reserved. Red Mountain Entertainment operaets as a full-service concert and festival promoter. 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. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. 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. 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. LIVE NATION ACQUIRES PREMIER U.S. 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! Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. "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. For the full year of 2018, the company already booked 5,000 arena, stadium and amphitheater shows, reflecting 21% growth from 2017. "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.". - Jeremy Lascelles (co-management), Rory Powers To learn more, click here. Notably, in the last reported quarter, Live Nations concert business grew 20% year over year through efficient promotions. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. 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. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. 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. - Alex Bruford, Jill Barber Zacks Ranks stocks can, and often do, change throughout the month. Live Nation Entertainment Live Nation Entertainment is a producer, promoter, and seller of live concert tickets for artists and fans. June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. 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. Media Company. Arts & Music Festival in . . Live Nation was formed in 2005 and is based in Beverly Hills, California. PRESS RELEASE PR Newswire. - Jeremy Sharp, Busby Marou Operator of full-service concert, event and festival. Live Nation Entertainment, Inc. (NYSE:LYV) acquired majority stake in Red Mountain Entertainment on June 27, 2018. Red Mountain Entertainment. Arts & Music Festival in Richardson, TX. "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.". Sun May 2, 2021, 05:00. Arts & Music Festival in Richardson, TX. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. - Jeremy Sharp, Brendan Maclean Photo Credit: Michelle Stancil (PRNewsfoto/Live Nation Entertainment). This includes personalizing content and advertising. "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 company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Responsible for the creation and execution of advertising, marketing and public relations campaigns for . Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fargo, Wizz Air Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. Red Mountain will continue. Arts & Music Festival in Richardson, TX. Real time prices by BATS. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. This is Live Nation's 1st transaction in Alabama. Financial terms of the deal were not disclosed. Cuando utilizas nuestros sitios y aplicaciones, usamos. Meanwhile, Red Mountain is proficient in its amphitheater business, which can further promote Live Nations strategies. For additional information, visitwww.livenationentertainment.com. Copyright 2023 Surperformance. Live Nation Entertainment, Inc. (LYV Quick QuoteLYV - Free Report) announced its procurement of a majority stake inRed Mountain Entertainment. 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! At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Live Nation is a live entertainment company. Comment. "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.". 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 . 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. Find Events PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. Visit Performance Disclosure for information about the performance numbers displayed above. | Live Nation Entertainment, Inc. acquired majority stake in Red Mountain Entertainment on June 27, 2018. Live Nation Entertainment (NYSE: LYV) has acquired a majority stake in Birmingham's Red Mountain Entertainment. 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. On June 27, 2018, Live Nation acquired media company Red Mountain Entertainment Acquisition Highlights. This is Live Nations 30th transaction in the Media sector. 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 . 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. 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. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. - Sinan Ors, Mata Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. Red Mountain Entertainment has the reputation as being one of the premier regional concert and festival . Jun. 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., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. When typing in this field, a list of search results will appear and be automatically updated as you type. Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. 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. "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. Arts & Music Festival in Richardson, TX. Festival in non-traditional venues such as outdoor city centers and parks. This is Live Nation's 30th transaction in the Media sector. Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. Copyright 2023 Surperformance. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. Increased Focus on Concert & Ticketing Business. Live Nation (LYV) Expected to Beat Earnings Estimates: Should You Buy? . Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. We use cookies to understand how you use our site and to improve your experience. 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. From day one, our goal at Red Mountain has always been to bring fans favorite artists to town. 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. Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. 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. Resources. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Industry 376 Live Nation 816 Red Mountain Entertainment 1. Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. Birmingham, Alabama Area. The company managed to promote 22% more shows for 15% more fans globally in the first quarter. In 2008, after being formed for only a mere three years, Red Mountain was named one of the concert industrys Promoters of the Year. 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 Entertainment is a premier regional concert and festival promoter. The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Our goal is to bring your favorite band to your city and create memorable experiences. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. - Tom Dark, This Paranormal Life 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. "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.". Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. 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. Description. 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. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. 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.. Search Crunchbase. 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. 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