Birmingham, Alabama Area. RME has extensive experience in booking and promoting concerts throughout the United States in venues ranging from clubs and theatres to arenas and stadiums. Products. (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. 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. 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. MarketScreener: Created by Investors for Investors! 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. While Lindblad and Town Sports flaunt a Zacks Rank #1 (Strong Buy), RCI Hospitality carries a Zacks Rank #2 (Buy). Live Nation is a live entertainment company. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Red Mountain Entertainment bought by Live Nation Entertainment. Meanwhile, Red Mountain is proficient in its amphitheater business, which can further promote Live Nations strategies. 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! This is Live Nation's 30th transaction in the Media sector. 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. For additional information, visitwww.livenationentertainment.com. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. 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. This is Live Nation's 1st transaction in Alabama. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Emporium Presents, and Red Mountain Entertainment. Early investors could realize exceptional profits. Arts & Music Festival in Richardson, TX. Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. All are billed as "An Evening with James Taylor & His All-Star Band." . 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. Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. - Jeremy Sharp, Busby Marou Emporium Presents is an independent national concert promoter. On June 27, 2018, Live Nation acquired media company Red Mountain Entertainment Acquisition Highlights. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. 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. - Jeremy Sharp, Brendan Maclean Fred Roberts Official Music Video Chart Top 50 11 April 2021 - 17 April 2021 LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.3 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. The company promotes over 400 shows annually across a variety of entertainment offerings including concerts, stand-up comedy, and performances by celebrated TV personalities. | Live Nation Entertainment, Inc. acquired majority stake in Red Mountain Entertainment on June 27, 2018. | March 21, 2023 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. 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, 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. - Lola Mitchell & Charlie Myatt (UK & Europe), Ife Ogunjobi This is Live Nations 1st transaction in Alabama. Red Mountain Entertainment General Information. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. All Acquisitions: 7 [View Details] Latest Acquisitions: Observatory OC (Apr 2019), Red Mountain Entertainment (Jun 2018), Cuffe & Taylor (Jan 2017) Key Acquisition . ZacksTrade and Zacks.com are separate companies. It has also divested 7 assets. 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. MarketScreener: Created by Investors for Investors! - Alex Bruford, Jill Barber 27, 2018, 10:00 AM. which it co-owns with AC Entertainment (also a Live Nation company) and VMI, and exclusively books Beale Street Music Festival in Memphis, Tennessee, and Wildflower! 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When typing in this field, a list of search results will appear and be automatically updated as you type. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. 86% of retail CFD accounts lose money. - Jeremy Sharp, Sam Alfred . Comment. The company has spent over $ 12M for the acquisitions. Post Cancel. The world's leading entertainment company, Live Nation Entertainment, is buying a majority stake in Birmingham-based Red Mountain Entertainment, the company recently announced. Since their formation in 2005, Red Mountain has promoted concerts in Birmingham at venues like the Legacy Arena, the Alabama Theater, Tuscaloosa Amphitheater, and the Wharf Amphitheater. "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 acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. Overview of Live Nation's Acquisitions. 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. 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. 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. Sun May 2, 2021, 05:00. 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. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. For additional information, visitwww.livenationentertainment.com. Our goal is to bring your favorite band to your city and create memorable experiences. Teaming up with Red Mountain, Live Nation is primarily trying to strengthen its hold in the U.S. concert business. Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. In May 2018, Live . Live Nation currently carries a Zacks Rank #3 (Hold). - Jeremy Sharp, formerly of The Harbour Agency, Bad Pony 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. Arts & Music Festival in Richardson, TX. Arts & Music Festival in Richardson, TX. Arts & Music Festival in Richardson, TX. 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. hardrockfan. View original content with multimedia:http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html, Plus500. A total of 4 acquisitions came from private equity firms. 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. The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. 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.. Zacks Equity Research Red Mountain Entertainment operaets as a full-service concert and festival promoter. Real-time Estimate Cboe BZX This is Live Nations 15th transaction in the United States. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. Live Nation Entertainment Live Nation Entertainment is a producer, promoter, and seller of live concert tickets for artists and fans. 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%. 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. Responsible for the creation and execution of advertising, marketing and public relations campaigns for . BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . 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! 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 . WhatsApp acquired by Facebook). The entire Red Mountain team will continue to stay with the company and operate from their home. For the full year of 2018, the company already booked 5,000 arena, stadium and amphitheater shows, reflecting 21% growth from 2017. 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. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. Announced Date . In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. 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. 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. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. 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 . 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. Start Free Trial . Financial terms of the deal were not disclosed. 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. (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. - Lori Peters (Worldwide except Canada), Angie Hart - Sinan Ors, Mata 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. Arts & Music Festival in Richardson, TX. Find More Contacts for Red Mountain Entertainment, Edit Lists Featuring This Company Section, Brittany Howard to perform at Birminghams Sloss Furnaces. . Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. Red Mountain will continue. - Jeremy Lascelles (co-management), Rory Powers 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. Visit Performance Disclosure for information about the performance numbers displayed above. As it is, Live Nation registered its seventh consecutive year of record results in 2017 with revenue growth across all segments. the complete list of todays Zacks #1 Rank stocks here. 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. Red Mountain Entertainment. NYSE and AMEX data is at least 20 minutes delayed. Dec 2009 - Present13 years 2 months. 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. See our report's 7 new picks today, absolutely FREE. 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 . "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. Live Nation was formed in 2005 and is based in Beverly Hills, California. Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. 5 Popular Ways to Invest in Gold: Which One Is Right for You? 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. 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! If you do not, click Cancel. This is Live Nation's 15th transaction in the United States. LYNYRD SKYNYRD LIVE AT KNEBWORTH '76 1.24. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. 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. 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. Visit www.zacksdata.com to get our data and content for your mobile app or website. Live Nation's largest acquisition to date was in 2006, when it acquired HOB Entertainment for $350M. "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.". Industry 376 Live Nation 816 Red Mountain Entertainment 1. Increased Focus on Concert & Ticketing Business. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. 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.. Personal Assistant. Real time prices by BATS. 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. 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! 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.
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