Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. 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! "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. Sun May 2, 2021, 05:00. Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. For the full year of 2018, the company already booked 5,000 arena, stadium and amphitheater shows, reflecting 21% growth from 2017. 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 Entertainment, Inc. acquired majority stake in Red Mountain Entertainment on June 27, 2018. Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. 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 . Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Operator of full-service concert, event and festival. About Us : Red Mountain Entertainment 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. 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. Privacy Policy | No cost, no obligation to buy anything ever. These returns cover a period from January 1, 1988 through April 3, 2023. Live Nation Entertainment : Acquires Premier U.S. Promoter Red Mountain Sam Tinnesz Signs A Publishing Deal With Position Music, Rock Icons Aerosmith Announce Historic Last Run The Peace Out Farewell Tour, Entertainment Lawyer & Manager David Ehrlich Files $45M Suit Against Universal Music Group Citing Tortious Interference, Sony Music UK Relaunches Epic Records UK With Sarah Lockhart as President, Event Promoter All Things Live Launch All Things Live Middle East, ASM Global Appoints Brian Celler as SVP, Content and Programming Europe, LIVE Announces AEG, Kili Live, Serious, SJM, & Live Nation As Live Talks Partners & Plasa Joins LIVE Board, Madonna Announces The Finally Enough Love: The Rainbow Edition, Sony Music Sees Big Gains In Revenue, Profits For 2022, My Morning Jacket Announce The Return Of Their Destination Event, One Big Holiday For 2024, Melodie Announces Successful Fundraising Round, Sets Sights On US Expansion, Barry Manilow Foundation To Honor New Yorks Music Teachers, Slipknots Corey Taylor Signs With BMG For His Solo Material, Don Was, Woody Harrelson, Jennifer Garner, Ethan Hawke, & More Added to Willie Nelsons Birthday Celebration, U2 Adds More Dates At The Las Vegas Sphere, Karol G Teams Up With Live Nation For A North American Stadium Tour, The Toby Keith & Friends Golf Classic To Return This June, South Koreas President Sings American Pie During A White House State Dinner, Live Nation Makes A Bid To Acquire Portuguese Promoter Ritmos e Blues, SummerStage Announced The Free Show Lineup For 2023, Aerosmith May Be Teasing Their Farewell Tour, Tixr Debuts Their New User Experience, UX3, George Strait, Emmylou Harris Among The New Artists Announced For Willie Nelsons Long Story Short Birthday Celebration, Universal Music Group Reports Revenue Growth For Q1 2023, BMG Names Sean Heydorn As SVP Of Rise Records And Frontline Catalog, The Academy Of Country Music Announces The ACM Radio Award Winners For 2023, Lyle Lovett, Santigold, Buddy Guy, and The Flaming Lips Among The Headliners For Stern Grove 2023, Oak View Group Partners With Christian Navarro To Bring Bespoke Culinary Experiences To Its Venues And Festivals, Jeff Geasey Named GM At Page 1 Management, Park City Song Summit Returns To Utah For 2023, Spotify Monthly Active Users Top 500 Million For The First Time In Q1, Spotify Shares Its Secret Sauce Three Levels Of A.I.-Driven Algorithms, New Metallica Album 72 Seasons Fails to Debut At No. 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 has invested in multiple sectors such as Online Event Ticketing and more. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. 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. The entire Red Mountain team will continue to stay with the company and operate from their home. AWS 5/1: Big Week for Q1 Earnings, Jobs, etc. PRESS RELEASE PR Newswire. 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.. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. 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. Post Cancel. Copyright 2023 Surperformance. - Jeremy Lascelles (co-management), Rory Powers 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. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. . 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. Live Nation believes that if it is able to deliver a greater market value to artists through the right strategies, the average ticket price will increase, thereby benefitting the companys ticketing business as well. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. Live Nation Buys Stake in Red Mountain to Improve Concerts WhatsApp acquired by Facebook). mostrar anuncios y contenido personalizados basados en perfiles de inters; medir la efectividad de los anuncios y el contenido personalizados, y. desarrollar y mejorar nuestros productos y servicios. This is Live Nations 30th transaction in the Media sector. 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. PROMOTER RED MOUNTAIN ENTERTAINMENT The monthly returns are then compounded to arrive at the annual return. 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. Chrome Extension. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. Resources. 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. Live Nation (LYV) Expected to Beat Earnings Estimates: Should You Buy? -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. Live Nation was formed in 2005 and is based in Beverly Hills, California. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Live Nation Acquires Red Mountain Entertainment - CelebrityAccess If you wish to go to ZacksTrade, click OK. Plus500. You can seethe complete list of todays Zacks #1 Rank stocks here. 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. 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. Red Mountain Entertainment operaets as a full-service concert and festival promoter. LIVE NATION ACQUIRES PREMIER U.S. All are billed as "An Evening with James Taylor & His All-Star Band." . For additional information, visitwww.livenationentertainment.com. Red Mountain will continue. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Emporium Presents is an independent national concert promoter. Red Mountain Entertainment General Information. About Us : Red Mountain Entertainment Overview of Live Nation's Acquisitions. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. the complete list of todays Zacks #1 Rank stocks here. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. | March 21, 2023 Arts & Music Festival in . In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, 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! Live Nation acquires Birmingham's Red Mountain Entertainment All Acquisitions: 7 [View Details] Latest Acquisitions: Observatory OC (Apr 2019), Red Mountain Entertainment (Jun 2018), Cuffe & Taylor (Jan 2017) Key Acquisition . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconference, Live Nation Entertainment Elects Rich Paul To Board Of Directors. 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. Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. - Daniel Morgan & Vichara Edirisinghe, Skunk Anansie Live Nation Entertainment (NYSE: LYV) has acquired a majority stake in Birmingham's Red Mountain Entertainment. 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. 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. Products. 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. . "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.". Conrad Rafield III is Coca-Cola United's new board chairman Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. Login to add posts to your read later list, Event Ticketing Resources For Secondary and Primary. ZacksTrade and Zacks.com are separate companies. Live Nation Entertainment acquires Red Mountain Entertainment - 2018-06 - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi Dec 2009 - Present13 years 2 months. 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. 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. Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. Real-time Estimate Cboe BZX 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. 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. - Jeremy Sharp, Busby Marou Delayed quotes by FIS. BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . 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. 5 Popular Ways to Invest in Gold: Which One Is Right for You? Introducing Vibee : The destination experience company built for music fans, founded by li.. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. 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.