Live Nation Acquires Tennessee-Based AC Entertainment
Concert promoter giant Live Nation Entertainment revealed this week that it has fully acquired the Bonnaroo promoter AC Entertainment. Along with the acquisition, the company announced a handful of regional promotions throughout its U.S. Concerts Division. Back in 2016, Live Nation first took an equity stake in AC Entertainment.... Read more
Ticketmaster Expands Global Reach With Launch In Singapore, Taiwan
Ticketmaster revealed that it will be expanding its global portfolio with the purchase of Tixcraft in Taiwan and the launch of Ticketmaster in Singapore. After securing a place at the Sports Hub panel in Singapore, the ticketing giant became one of the three ticketing companies that promoters can select... Read more
CTS Eventim Announces Acquisition of Gadget, EGS AG
CTS Eventim has acquired a 60 percent stake in Swiss promoters Gadget Entertainment and wepromote Entertainment Group Swizterland AG. In doing so, the businesses will operate post-merger as Gadget abc Entertainment Group AG. The acquisition now allows the European ticketing company to add an estimated to 400-500 live events... Read more
Live Nation Inks Deal With Los Angeles’ Belasco Theater
Los Angeles’ Belasco Theater is the latest nightclub to join Live Nation’s expanding roster as the promoter giant signed a long-term agreement with the venue this week. The Belasco, which holds 1,300 fans, also includes a ballroom with a capacity of 500, a 200-cap club, speakeasy, restaurant, cafe, VIP... Read more
See Tickets Reveals Acquisition of Switzerland-Based Starticket
The global ticketing platform See Tickets just announced its acquisition of the Switzerland-based Starticket. Starticket sells over 5 million tickets annually to live events like concerts, festivals, musicals, and sporting events through starticket.ch and its mobile app, as well as pre-hiring booths. It is a part of the TX... Read more
Report: Regulators May Prevent Live Nation Owner’s Bid to Buy iHeart Radio
Billionaire John Malone, owner of Liberty Media, plans to acquire iHeartRadio, leaving the Department of Justice wondering if it should intervene. According to the New York Post, sources say that lawyers for the DOJ are scheduled to look into the merger and any potential anti-competitive implications that may follow... Read more
Live Nation Acquires Malaysian Promoter PR Worldwide
Live Nation Entertainment is working to expand throughout Asia, recently announcing its acquisition of the Malaysian promoter PR Worldwide. The promoter, which formed 20 years ago, has partnered with Live Nation numerous times, bringing together tours for artists like Bruno Mars, Charlie Puth, and Why Don’t We. PR Worldwide... Read more
Live Nation Acquires Majority Stake of Chilean Promoter
Live Nation Entertainment announced the acquisition of Chilean promoter DG Medios this week – one of Chile’s top independent concert promoters. The deal was confirmed amid Live Nation’s expansion across Latin America. Recently, the concert promoter giant acquired OCESA in Mexico, DF Entertainment in Argentina, and Brazil’s Rock in... Read more
Live Nation Acquires Mexican Promoter OCESA Entertainment
Live Nation is continuing to grow its global market with the acquisition of Mexico’s OCESA Entertainment. OCESA is a leading promoter in Latin America and is the owner of Ticketmsater Mexico from CIE, as well as Grupo Televisa, which is the largest multimedia company within the Spanish-speaking world. Annually,... Read more