[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]))/+((+!![]+[])+(+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]-(!![]))+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(+!! Live Nation Entertainment's business segments are concerts, ticketing, and sponsorship and advertising. So… why is Live Nation quite so big in the game of artist management?

In 2009, Live Nation and Ticketmaster, a concert promotion firm and ticketing company, reached an agreement to merge. The portfolio includes LIV nightclub located inside the historic Fontainebleau Hotel, which opened in 2008 as host to the annual Victoria's Secret Fashion Show in 2008. [])-[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])-[])+(+!! Live Nation Entertainment, Inc is an American global entertainment company, founded in 2010, following the merger of Live Nation and Ticketmaster. [40] The following year, the company acquired majority interests in Israeli promoter Blue Stone Entertainment and the UK's Cuffe & Taylor. The Saudi Public Investment Fund is now the company's third-largest shareholder, with John Malone's Liberty Media the largest individual shareholder with a 33 percent stake. The government of Saudi Arabia's sovereign wealth fund has acquired a 5.7 percent stake in Live Nation, the parent company of Ticketmaster.

If you needed a reminder of just how tough artist management can be as a standalone enterprise, you only need to check Live Nation’s financial stats for calendar year 2016.

In its annual fiscal filing, Live Nation explained: “The artist management industry is highly competitive, with numerous other artist management companies and individual managers in the United States alone. Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation … [29], Also in 2018, the United States Department of Justice launched an investigation following complaints by AEG that Live Nation pressured them into using Ticketmaster and intentionally avoided booking acts for AEG venues. In 2020, Live Nation has been hit particularly hard by the novel coronavirus pandemic, with essentially all concerts and sporting events around the world on hold. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])-[]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!!

In the US, these include Roc Nation Management, 24 Artist Management, Blueprint Artist Management, Spalding Entertainment, LMG Management, Mick Artists Management, Three Six Zero Group, Vector Management, Career Artist Management and Philymack Management (home to Nick Jonas and Demi Lovato, pictured). [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!! The company's share price is down by more than 40 percent from January 1, thanks largely to the pandemic. Based on Live Nation's share prices as of 28 April 2020, the investment is valued at just shy of $500 million.

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earn more at www.fuga.com, Stat Of The Week: Live Nation spent more on ticketing in Q2 than its fans did, Here’s what Spotify, Live Nation, Sony, Warner and other music companies are paying women compared to men in the UK, Live Nation pulls out of $400m-plus majority acquisition of Latin America’s biggest promoter, Live Nation raises $1.2bn, which will provide ‘extra cushion to withstand any scenario well into 2021.’, BMG – Content Manager, Production Music (UK), PPL – International Territories Manager (UK), Secretly Group – Project Manager, North America (US), PRS for Music – Lead Counsel (Technology & Innovation) (UK), Kanye West: I will buy Universal Music Group for $33bn, Kendrick Lamar signs exclusive, global admin deal with Universal Music Publishing Group, Publishers and songwriters to lose out on up to $3.5bn in 2020 due to the pandemic, says CISAC, Spirit Music Group sells B-Unique catalog to rival Concord for 'strategic, one-time tax reason', Sony ups its annual Music revenue forecast by over $500m... during a pandemic. In its annual report, Live Nation offers an updated list of its management company subsidiaries (each defined by LN owning a significant stake in their operation). [39], In March 2016, Live Nation acquired Big Concerts International, South Africa's leading concert promoter. The investment is passive, and was purchased on the open market. [24] In 2017, Live Nation Entertainment reported revenue of $10.3 billion. a heavyweight competitor – and that’s Red Light Management.). [19] In October 2016, Live Nation Entertainment bought AC Entertainment, a Knoxville Tennessee music company,[20] as well as several international companies. [5], The merger was approved first in Norway and Turkey in 2009. [33] Live Nation Entertainment owns and operates venues, including the House of Blues. Compare Live Nation Entertainment to its competitors by revenue, employee growth and other metrics at Craft. [34] The company sells tickets to live events through Ticketmaster.

This process is automatic. With a broad array of services, its adaptable and flexible platform has been built, in conjunction with leading music partners, to provide seamless integration and meet rapidly evolving industry requirements. The best of MBW, plus the most important music biz stories on the web. 69.6(6)

Learn more at www.fuga.comMusic Business Worldwide. Not for direct financial gain, that’s for sure. Clears Ticketmaster-Live Nation Merger", "Live Nation Teams With Insomniac Events in 'Creative Partnership, "Live Nation Acquires Voodoo Music & Arts Experience in New Orleans", "Live Nation Completes Deal for C3 Presents", "Live Nation Entertainment buys controlling stake in Bonnaroo festival", "Live Nation Adds Governors Ball to Its Music Festival Lineup", "Live Nation acquires majority stake in Israel's Bluestone Entertainment - Music Business Worldwide", "Live Nation acquires major stake in BottleRock festival", "Live Nation acquires Salt Lake's United Concerts", "Live Nation Vertically Integrates to Corner the Live Events Industry -", "Live Nation Reports Over $10 Billion in Revenue in 2017 Financial Earnings", "Live Nation Acquires Frank Productions: Exclusive", "Live Nation buys Red Mountain Entertainment, Birmingham's largest concert promoter", "Live Nation Rules Music Ticketing, Some Say With Threats", "Live Nation Acquires David Grutman's Groot Hospitality", "Live Nation companies now manage over 500 artists worldwide", "Jay Z, Live Nation Enter Into New Long Term Deal, Continue Roc Nation Partnership: Exclusive", "Big Promoter of Concerts to Acquire House of Blues", "Live Nation Shrinks Loss, Announces Asian Partnership | Los Angeles Business Journal", "Live Nation, engineer charged in Radiohead stage collapse", "Live Nation Launches German Arm, Appoints Respected Promoter Marek Lieberberg to Lead", "Live Nation acquires leading South Africa concert promoter", "Live Nation Acquires Rock in Rio Festival", https://en.wikipedia.org/w/index.php?title=Live_Nation_Entertainment&oldid=980149713, Creative Commons Attribution-ShareAlike License. [35], In June 2013, Live Nation was among those charged with violating Ontario health and safety laws following a stage collapse at a Radiohead concert that killed one crew member. [30], Live Nation Entertainment has acquired a majority stake in the David Grutman owned Groot Hospitality, a Miami-based company.

Live Nation’s subsidiaries are now managing more than 500 artists – over double the number they were looking after just three years ago. [10], On January 25, 2010, the United States Justice Department approved the merger pending certain conditions. The company has been sued as it has been reluctant to offer full refunds to customers, though it has since amended its refund rules to address those complaints. [25] The company promotes and operates live music events and manages artists under its concerts division Live Nation Concerts. FUGA is the number one choice for some of the largest labels, management companies and distributors worldwide. [36][37] A 2019 inquest returned a verdict of accidental death. By continuing your navigation, you consent to their use. Indeed, in its own fiscal filing, Live Nation says: “We believe we are one of the world’s leading artist management companies based on the number of artists represented.”, (In the same document, Live Nation mentions one competitor in particular as a “larger talent representation company” – ie. We don't send rubbish and they help us continue to exist.

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