A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. LIVE NATION ACQUIRES PREMIER U.S. 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. 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. Join Date: 09 Jun 2018; Posts: 1782; Share Tweet #285. 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. Copyright 2023 CelebrityAccess. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. Live Nation Teams Up With Liquid Death Mountain Water To Bring Fans Copyright 2023 Surperformance. Jun. "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.". SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Products. Live Nation Entertainment, Inc. (NYSE:LYV) acquired majority stake in Red Mountain Entertainment on June 27, 2018. Last Updated on July 2, 2018 by Olivia Perreault, Live Nation Buys Stake In Red Mountain Entertainment To Improve Shows. 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. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. View original content with multimedia:http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html, Plus500. View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers. June 18 at 7:30 p.m., Oak Mountain . -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Dec 2009 - Present13 years 2 months. All rights reserved. Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y Poltica de cookies. Meanwhile, Red Mountain is proficient in its amphitheater business, which can further promote Live Nations strategies. Overview of Live Nation's Acquisitions. It's largest disclosed sale occurred in 2009, when it sold Live . Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. Live Nation Buys Stake in Red Mountain to Improve Concerts BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . 86% of retail CFD accounts lose money. 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. - Jeremy Sharp, formerly of The Harbour Agency, Bad Pony Red Mountain Entertainment. For additional information, visitwww.livenationentertainment.com. Live Nation Buys Stake In Red Mountain Entertainment To - TicketNews Introducing Vibee : The destination experience company built for music fans, founded by li.. Arts & Music Festival in . June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. Find Events 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 . For additional information, visitwww.livenationentertainment.com. Spicemas Launch 28th April, 2023 | entertainment, news presenter | GBN "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.". . from 8 AM - 9 PM ET. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. 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. If you wish to go to ZacksTrade, click OK. This is Live Nations 30th transaction in the Media sector. the complete list of todays Zacks #1 Rank stocks here. Live Nation acquires Birmingham's Red Mountain Entertainment - Jeremy Lascelles (co-management), Rory Powers . - Jeremy Sharp, Busby Marou Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. Live Nation acquires Alabama's Red Mountain | IQ Magazine Red Mountain will continue. These returns cover a period from January 1, 1988 through April 3, 2023. 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! Home - Live Nation Entertainment Live Nation to scale Red Mountain - TheTicketingBusiness News Our goal is to bring your favorite band to your city and create memorable experiences. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. Media Company. Try For Free It has also divested 7 assets. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. The entire Red Mountain team will continue to stay with the company and operate from their home. (RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concer. Plus500. "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.". Birmingham, Alabama Area. While working with Live Nation, Red Mountain will also be dynamically involved in organizing music festivals throughout the Southeast. Live Nation has invested in multiple sectors such as Online Event Ticketing and more. 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. All are billed as "An Evening with James Taylor & His All-Star Band." . 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. - Jeremy Sharp, Sam Alfred entertainment, news presenter | 4.8K views, 28 likes, 13 loves, 80 comments, 2 shares, Facebook Watch Videos from GBN Grenada Broadcasting Network: GBN News 28th April 2023 Anchor: Kenroy Baptiste. In a typical year, Live Nation welcomes around 100 million fans to events around the world, and now the still and sparkling mountain water will be front and center as the exclusive water across . Live Nation Entertainment, Inc. (LYV Quick QuoteLYV - Free Report) announced its procurement of a majority stake inRed Mountain Entertainment. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. 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. 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. 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 monthly returns are then compounded to arrive at the annual return. All Acquisitions: 7 [View Details] Latest Acquisitions: Observatory OC (Apr 2019), Red Mountain Entertainment (Jun 2018), Cuffe & Taylor (Jan 2017) Key Acquisition . Search Crunchbase. Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Live Nation Mergers and Acquisitions Summary | Mergr Moreover, the move is perfectly in line with Live Nations strategy for capturing more value for artists. Live Nation Entertainment, Inc. acquired majority stake in Red Mountain The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. 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! Red Mountain is just another promoter to add to their portfolio; the promoter said that they will use Live Nations resources to continue growing live entertainment offerings throughout the Southeastern United States, according to a press release. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. "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. Zacks Ranks stocks can, and often do, change throughout the month. 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%. Live Nation Buys Premier U.S. Promoter Red Mountain Entertainment 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. 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. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. About Us : Red Mountain Entertainment Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. "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. 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. 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 .
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