RME has extensive experience in booking and promoting concerts throughout the United States in venues ranging from clubs and theatres to arenas and stadiums. ZacksTrade and Zacks.com are separate companies. To learn more, click here. 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 . - Jeremy Lascelles (co-management), Rory Powers 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.. 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. Privacy Policy | No cost, no obligation to buy anything ever. Arts & Music Festival in Richardson, TX. 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. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. 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 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 . In May 2018, Live . PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. Arts & Music Festival in Richardson, TX. Red Mountain will continue. 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 (LYV) Expected to Beat Earnings Estimates: Should You Buy? In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. - Jeremy Sharp, Ben Lee Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. These returns cover a period from January 1, 1988 through April 3, 2023. 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. 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. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. 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. On June 27, 2018, Live Nation acquired media company Red Mountain Entertainment Acquisition Highlights. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Thank you for subscribing to our newsletter. The monthly returns are then compounded to arrive at the annual return. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. - Tom Dark, Sur Back Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. 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. 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. Live Nation is a live entertainment company. Get concert tickets, news and more! Emporium Presents, and Red Mountain Entertainment. 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. Last Updated on July 2, 2018 by Olivia Perreault, Live Nation Buys Stake In Red Mountain Entertainment To Improve Shows. Our goal is to bring your favorite band to your city and create memorable experiences. This is Live Nations 30th transaction in the Media sector. Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. Some better-ranked stocks in the leisure space include Lindblad Expeditions (LIND Quick QuoteLIND - Free Report) , Town Sports International Holdings, Inc. and RCI Hospitality (RICK Quick QuoteRICK - Free Report) . 86% of retail CFD accounts lose money. Announced Date . If you do not, click Cancel. Real-time Estimate Cboe BZX Media Company. Birmingham, Alabama Area. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. Overview of Live Nation's Acquisitions. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. 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. 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. 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! 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. In 2008, after being formed for only a mere three years, Red Mountain was named one of the concert industrys Promoters of the Year. - Alex Bruford, Jill Barber 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. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. For additional information, visitwww.livenationentertainment.com. For additional information, visitwww.livenationentertainment.com. 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. 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 has invested in multiple sectors such as Online Event Ticketing and more. 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! . Comment. 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%. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. 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. Copyright 2023 Surperformance. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Arts & Music Festival in Richardson, TX. Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fargo, Wizz Air http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html. Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. from 8 AM - 9 PM ET. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Search Crunchbase. | March 21, 2023 Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. Operator of full-service concert, event and festival. Copyright 2023 CelebrityAccess. - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi 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. -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. Live Nation Entertainment, Inc. (NYSE:LYV) completed the acquisition of majority stake in Red Mountain Entertainment on June 27, 2018. (Caroline Sur Back Sans), CelebrityAccess provides unparalleled, detailed information on over 50,000 Entertainers, Speakers, Celebrities, and their representatives, as well as, hundreds of thousands of records for venues, agents and managers, ADVERTISE WITH US BUSINESS AUTOMATION PRIVACY POLICY TERMS OF USE ABOUT. Jun. Start Free Trial . NYSE and AMEX data is at least 20 minutes delayed. Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. hardrockfan. All Rights Reserved. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. While working with Live Nation, Red Mountain will also be dynamically involved in organizing music festivals throughout the Southeast. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. the complete list of todays Zacks #1 Rank stocks here. 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. June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. Red Mountain Entertainment General Information. The company promotes over 400 shows annually across a variety of entertainment offerings including concerts, stand-up comedy, and performances by celebrated TV personalities. For the full year of 2018, the company already booked 5,000 arena, stadium and amphitheater shows, reflecting 21% growth from 2017. 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. 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. Try For Free - Marlon Burton & Graham Clews, Yellow Days "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. 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. All rights reserved. "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.".
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