- Jeremy Lascelles (co-management), Rory Powers 7-Day Free Trial. If you wish to go to ZacksTrade, click OK. Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. Zacks Ranks stocks can, and often do, change throughout the month. From day one, our goal at Red Mountain has always been to bring fans favorite artists to town. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. - Alex Bruford, Jill Barber Try For Free 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 Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. To learn more, click here. Start Free Trial . Copyright 2023 Surperformance. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Live Nation (events promoter) - Wikipedia 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! As it is, Live Nation registered its seventh consecutive year of record results in 2017 with revenue growth across all segments. The entire Red Mountain Team will continue to stay with the company and operate from their home base of Birmingham, Ala., according to a Live Nation announcement. Privacy Policy | No cost, no obligation to buy anything ever. Red Mountain also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Arts & Music Festival in Richardson, TX. Plus500. Products. 86% of retail CFD accounts lose money. Live Nation Entertainment, Inc. (LYV) - free report >>, RCI Hospitality Holdings, Inc. (RICK) - free report >>, Lindblad Expeditions (LIND) - free report >>. Our goal is to bring your favorite band to your city and create memorable experiences. "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. - Jeremy Sharp, Busby Marou 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. Live Nation acquires Birmingham's Red Mountain Entertainment Jun. Lindblad, Town Sports International and RCIs earnings for 2018 are expected to grow 155.6%, 211.8% and 52.5%, respectively. The world's leading entertainment company, Live Nation Entertainment, is buying a majority stake in Birmingham-based Red Mountain Entertainment, the company recently announced. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. Media Company. For additional information, visitwww.livenationentertainment.com. This is Live Nation's 1st transaction in Alabama. Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. Live Nation . "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.". 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. Real-time Estimate Cboe BZX Red Mountain Entertainment. Red Mountain Entertainment operaets as a full-service concert and festival promoter. Fred Roberts Visit Performance Disclosure for information about the performance numbers displayed above. 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 Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. 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. Cuando utilizas nuestros sitios y aplicaciones, usamos. Introducing Vibee : The destination experience company built for music fans, founded by li.. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Introducing Vibee : The destination experience company built for music fans, founded by li.. 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%. "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.". Red Mountain Entertainment General Information. Chrome Extension. Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. Sun May 2, 2021, 05:00. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Copyright 2023 Surperformance. http://www.investors.livenationentertainment.com, Cision Distribution 888-776-0942 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. (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. 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. Live Nation Teams Up With Liquid Death Mountain Water To Bring Fans Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. 5 Popular Ways to Invest in Gold: Which One Is Right for You? 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 . Search Crunchbase. Zacks Equity Research Login to add posts to your read later list, Event Ticketing Resources For Secondary and Primary. - Sinan Ors, Mata Under the terms of the acquisition, the Red Mountain team will operate from Birmingham, AL and continue to supervise all operations starting from concert and festival promotions to venue consulting. All rights reserved. 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. Live Nation has acquired a majority stake in Red Mountain Entertainment, a regional concert and festival promoter headquartered in Birmingham, Alabama. Description. If you do not, click Cancel. - Jeremy Sharp, Ben Lee -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. Find tour dates and live music events for all your favorite bands and artists in your city! Live Nation has acquired a majority stake in US concert and festival promoter Red Mountain Entertainment. You can seethe complete list of todays Zacks #1 Rank stocks here. 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. Red Mountain Entertainment is a premier regional concert and festival promoter. Visit www.zacksdata.com to get our data and content for your mobile app or website. "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 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 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 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. MarketScreener: Created by Investors for Investors! Increased Focus on Concert & Ticketing Business. Red Mountain Entertainment bought by Live Nation Entertainment. Arts & Music Festival in Richardson, TX. This includes personalizing content and advertising. 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. All rights reserved. Promoter Live Nation/Red Mountain Entertainment announced the dates on Monday. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. 3 Birmingham-based companies bought by national business entities 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. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Live Nation Acquires Premier U.S. Promoter Red Mountain Entertainment A total of 4 acquisitions came from private equity firms. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Early investors could realize exceptional profits. ZacksTrade and Zacks.com are separate companies. Get The Best Industry News, Data, Insider Commentary And More, Delivered Right To Your Inbox. 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 Entertainment, Inc. LYV announced its procurement of a majority stake in Red Mountain Entertainment.Live Nation, being the world's leading live entertainment company, plans to . Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. - Tom Dark, This Paranormal Life "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.". Responsible for the creation and execution of advertising, marketing and public relations campaigns for . Our goal is to bring your favorite band to your city and create memorable experiences. Some better-ranked stocks in the leisure space include Lindblad Expeditions (LIND Quick QuoteLIND - Free Report) , Town Sports International Holdings, Inc. and RCI Hospitality (RICK Quick QuoteRICK - Free Report) . All Rights Reserved. Live Nation currently carries a Zacks Rank #3 (Hold). Live Nation has invested in multiple sectors such as Online Event Ticketing and more. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. This is Live Nation's 30th transaction in the Media sector. - Kat Kennedy (co-management), Skunk Anansie 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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