live nation 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. You can seethe complete list of todays Zacks #1 Rank stocks here. Live Nation Entertainment (NYSE: LYV) has acquired a majority stake in Birmingham's Red Mountain Entertainment. 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. Real-time Estimate Cboe BZX Teaming up with Red Mountain, Live Nation is primarily trying to strengthen its hold in the U.S. concert business. 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 Entertainment, Inc. (NYSE:LYV) completed the acquisition of majority stake in Red Mountain Entertainment on June 27, 2018. A total of 4 acquisitions came from private equity firms. 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. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. 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. Industry 376 Live Nation 816 Red Mountain Entertainment 1. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Get The Best Industry News, Data, Insider Commentary And More, Delivered Right To Your Inbox. Find tour dates and live music events for all your favorite bands and artists in your city! Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. View original content with multimedia:http://www.prnewswire.com/news-releases/live-nation-acquires-premier-us-promoter-red-mountain-entertainment-300672859.html, Plus500. It's largest disclosed sale occurred in 2009, when it sold Live . Moreover, the move is perfectly in line with Live Nations strategy for capturing more value for artists. - Tom Dark, Sur Back June 18 at 7:30 p.m., Oak Mountain . It has also divested 7 assets. While Lindblad and Town Sports flaunt a Zacks Rank #1 (Strong Buy), RCI Hospitality carries a Zacks Rank #2 (Buy). Emporium Presents is an independent national concert promoter. 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. This is Live Nation's 30th transaction in the Media sector. 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. 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. The company managed to promote 22% more shows for 15% more fans globally in the first quarter. Red Mountain Entertainment operaets as a full-service concert and festival promoter. 27, 2018, 10:00 AM. 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. June 28, 2018, LYV Quick QuoteLYV RICK Quick QuoteRICK LIND Quick QuoteLIND. This is Live Nation's 15th transaction in the United States. Dec 2009 - Present13 years 2 months. 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 relationshipsand their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.". "From day one, our goal at Red Mountain has always been PROMOTER RED MOUNTAIN ENTERTAINMENT PFP 5/1: Stocks Up After Strong Week of Earnings, Favorable Inflation Report, The Next Big Thing in Tech: Investing in AI Stocks. Description. In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Early investors could realize exceptional profits. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The company has spent over $ 12M for the acquisitions. 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.. NYSE and AMEX data is at least 20 minutes delayed. Red Mountain Entertainment. Moreover, it would improve ticket-booking experience and shall continue driving revenues, going forward. from 8 AM - 9 PM ET. 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! See our report's 7 new picks today, absolutely FREE. (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. To learn more, click here. Introducing Vibee : The destination experience company built for music fans, founded by li.. Red Mountain is known for promoting shows for leading artists including The Rolling Stones, Pink Floyd,Jimmy Buffett and more. 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. Birmingham, Alabamas largest concert promoter, Red Mountain Entertainment, has been bought by concert giant Live Nation Entertainment in hopes to bring more shows to the area. 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 Area. - Jeremy Lascelles (co-management), Rory Powers Find Events Red Mountain Entertainment bought by Live Nation Entertainment. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Find Events MarketScreener: Created by Investors for Investors! "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.". Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! Lindblad, Town Sports International and RCIs earnings for 2018 are expected to grow 155.6%, 211.8% and 52.5%, respectively. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. Live Nation U.S. Concerts President Bob Roux described Red Mountain as a tremendous concert business.. Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. 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. 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. Live Nation Entertainment, Inc. (NYSE:LYV) acquired majority stake in Red Mountain Entertainment on June 27, 2018. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Solutions. . 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 is based in Birmingham, Alabama. Responsible for the creation and execution of advertising, marketing and public relations campaigns for . Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio. 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) . -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. All are billed as "An Evening with James Taylor & His All-Star Band." . 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. This is Live Nation's 1st transaction in Alabama. "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.". 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 also promotes Sloss Music & Arts Festival and Birmingham Winter Beer Fest. 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. 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. Increased Focus on Concert & Ticketing Business. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. 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! 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. Resources. 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. Copyright 2023 Surperformance. MarketScreener: Created by Investors for Investors! All rights reserved. "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. 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! Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. http://www.investors.livenationentertainment.com, Cision Distribution 888-776-0942 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. 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. View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. Rafield is president/owner of Rafield Investment Co., and he is a founding partner and shareholder of Red Mountain Entertainment, a Live Nation Company. Post Cancel. 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 . Financial terms of the deal were not disclosed. Red Mountain Entertainment operaets as a full-service concert and festival promoter. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. - Jeremy Sharp, Ben Lee "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Search Crunchbase. Live Nation has acquired a majority stake in US concert and festival promoter Red Mountain Entertainment. 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 . - Jeremy Sharp, Busby Marou Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. 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. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Arts & Music Festival in Richardson, TX. 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. BEVERLY HILLS, Calif., June 27, 2018 /PRNewswire/ -- Live Nation Entertainment, the world's leading live entertainment company, today announced . Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g.