MarketScreener: Created by Investors for Investors! Betsy Kiser - Regional Marketing Director - Red Mountain Entertainment Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. On June 27, 2018, Live Nation acquired media company Red Mountain Entertainment Acquisition Highlights. The company has spent over $ 12M for the acquisitions. Privacy Policy | No cost, no obligation to buy anything ever. 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. Media Company. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. PRESS RELEASE PR Newswire. Red Mountain has promoted shows 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. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. 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! BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . "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.". 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. Our goal is to bring your favorite band to your city and create memorable experiences. 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. . 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. (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. Increased Focus on Concert & Ticketing Business. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. If you do not, click Cancel. Live Nation Entertainment acquires Red Mountain Entertainment - 2018-06 View original content with multimedia:http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html, Plus500. Promoter Live Nation/Red Mountain Entertainment announced the dates on Monday. Start Free Trial . Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. Arts & Music Festival in Richardson, TX. 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. Live Nation Buys Stake in Red Mountain to Improve Concerts About Us : Red Mountain Entertainment Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio. 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. Operator of full-service concert, event and festival. Live Nation to scale Red Mountain - TheTicketingBusiness News 7-Day Free Trial. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. Red Mountain Entertainment General Information. Financial terms of the deal were not disclosed. 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. Live Nation acquires Birmingham's Red Mountain Entertainment 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. Spicemas Launch 28th April, 2023 | entertainment, news presenter | GBN As it is, Live Nation registered its seventh consecutive year of record results in 2017 with revenue growth across all segments. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. PROMOTER RED MOUNTAIN ENTERTAINMENT 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. Live Nation Mergers and Acquisitions Summary | Mergr 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 . Moreover, the move is perfectly in line with Live Nations strategy for capturing more value for artists. hardrockfan. Jun. The monthly returns are then compounded to arrive at the annual return. Live Nation Entertainment Live Nation Entertainment is a producer, promoter, and seller of live concert tickets for artists and fans. 27, 2018, 10:00 AM. 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. 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. It has also divested 7 assets. Live Nation has invested in multiple sectors such as Online Event Ticketing and more. Live Nation Buys Stake in Red Mountain to Improve Concerts - Yahoo Finance - Jeremy Sharp, Sam Alfred This is Live Nation's 1st transaction in Alabama. Products. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. Live Nation Acquires Red Mountain Entertainment - CelebrityAccess Arts & Music Festival in Richardson, TX. Birmingham, Alabama Area. (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. 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. 5 Popular Ways to Invest in Gold: Which One Is Right for You? Live Nation Entertainment, Inc. (LYV Quick QuoteLYV - Free Report) announced its procurement of a majority stake inRed Mountain Entertainment. Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Get concert tickets, news and more! CelebrityAccess provides in-depth Artist Analytics for over 250k+ Celebrities Worldwide - and unparalleled, detailed information on over 100k Entertainers Speakers, Celebrities, and their Representatives, as well as hundreds of thousands of Records for Venues, Agents and Managers, including their Direct Phone Numbers and Emails Addresses. Last Updated on July 2, 2018 by Olivia Perreault, Live Nation Buys Stake In Red Mountain Entertainment To Improve Shows. Live Nation . For the full year of 2018, the company already booked 5,000 arena, stadium and amphitheater shows, reflecting 21% growth from 2017. This is Live Nations 15th transaction in the United States. Responsible for the creation and execution of advertising, marketing and public relations campaigns for . "From day one, our goal at Red Mountain has always been All Acquisitions: 7 [View Details] Latest Acquisitions: Observatory OC (Apr 2019), Red Mountain Entertainment (Jun 2018), Cuffe & Taylor (Jan 2017) Key Acquisition . Live Nation Buys Premier U.S. Promoter Red Mountain Entertainment Live Nation Entertainment, Inc. (LYV) - free report >>, RCI Hospitality Holdings, Inc. (RICK) - free report >>, Lindblad Expeditions (LIND) - free report >>. WhatsApp acquired by Facebook). Meanwhile, Red Mountain is proficient in its amphitheater business, which can further promote Live Nations strategies. Chrome Extension. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. Live Nation is a live entertainment company. Members can instantly access 500k+ Dates of Live Bands on Tour, Artist Avails, News Archives, and UNLIMITED Box Office without worrying about Pay-More Restrictions! 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. 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. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Arts & Music Festival in Richardson, TX. - Jeremy Sharp, Brendan Maclean 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'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. Personal Assistant. Overview of Live Nation's Acquisitions. Real time prices by BATS. 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.. 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. Live Nation Acquires Premier U.S. Promoter Red Mountain Entertainment In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. 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. Announced Date . James Taylor playing 3 outdoor concerts in Alabama in 2023: How to get 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. "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. 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.. http://www.investors.livenationentertainment.com, Cision Distribution 888-776-0942 from 8 AM - 9 PM ET. June 18 at 7:30 p.m., Oak Mountain . This is Live Nation's 30th transaction in the Media sector. "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.". 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%. 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. Lindblad, Town Sports International and RCIs earnings for 2018 are expected to grow 155.6%, 211.8% and 52.5%, respectively. 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 . Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. It's largest disclosed sale occurred in 2009, when it sold Live . Acquisitions by Live Nation | Tracxn Industry 376 Live Nation 816 Red Mountain Entertainment 1. 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! Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia and other conditions. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett 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. The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. 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. Visit www.zacksdata.com to get our data and content for your mobile app or website. 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. 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. All Rights Reserved. This is Live Nation's 15th transaction in the United States. MarketScreener: Created by Investors for Investors! Live Nation produces live music concerts; owns, operates, has exclusive booking rights for or has an equity interest in 148 venues, including House of Blues music venues and locations such as The Fillmore in San Francisco, the Hollywood Palladium, the Ziggo Dome in Amsterdam and The O2 Dublin; provides ticketing sales and marketing services; and provides artist management services. Early investors could realize exceptional profits. You can seethe complete list of todays Zacks #1 Rank stocks here. 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.. - Lori Peters (Worldwide except Canada), Angie Hart In May 2018, Live . 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. 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. 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. 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 alongside one another at Live Nation, Rouxs said in a press release. Live Nation (events promoter) - Wikipedia 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. LIVE NATION ACQUIRES PREMIER U.S. The company managed to promote 22% more shows for 15% more fans globally in the first quarter. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. . All rights reserved. From day one, our goal at Red Mountain has always been to bring fans favorite artists to town. Benzinga's Top Ratings Upgrades, Downgrades For April 24, 2023, What 4 Analyst Ratings Have To Say About Live Nation Entertainment, INTRODUCING VIBEE: THE DESTINATION EXPERIENCE COMPANY BUILT FOR MUSIC FANS, FOUNDED BY LIVE NATION, SeatGeek said to file confidentially for IPO - report, Live Nation (LYV) Boosts Payment Options With PayPal Partnership, Registration on or use of this site constitutes acceptance of our. NASDAQ data is at least 15 minutes delayed. Plus500. 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 . Fred Roberts
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