Add-on Acquisition • Media

Live Nation Acquires Red Mountain Entertainment

On June 27, 2018, Live Nation acquired media company Red Mountain Entertainment

Acquisition Context
  • This is Live Nation’s 30th transaction in the Media sector.
  • This is Live Nation’s 15th transaction in the United States.
  • This is Live Nation’s 1st transaction in Alabama.

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M&A Deal Summary

Date June 27, 2018
Target Red Mountain Entertainment
Sector Media
Buyer(s) Live Nation
Deal Type Add-on Acquisition

Target Company

Red Mountain Entertainment

Birmingham, Alabama, United States
Red Mountain Entertainment is a premier regional concert and festival promoter. Red Mountain Entertainment is based in Birmingham, Alabama.
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Buyer Overview 1

Buyer

Live Nation

Beverly Hills, California, United States

Category Company
Founded 2005
Sector Media
Employees16,200
Revenue 23.2B USD (2024)
DESCRIPTION
Entrance to Live Nation's headquarters in Beverly Hills, California.
Entrance to Live Nation's headquarters in Beverly Hills, California.

Live Nation is a live entertainment company. 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. Live Nation was formed in 2005 and is based in Beverly Hills, California.


Deal Context for Buyer #
Overall 37 of 45
Sector: Media 30 of 35
Type: Add-on Acquisition 33 of 38
State: Alabama 1 of 1
Country: United States 15 of 18
Year: 2018 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-12 Complete Entertainment Resources Group - Ticketing Assets

London, United Kingdom

Complete Entertainment Resources Group, Inc. - Ticketing Assets includes CERG's ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Emporium Presents

Golden, Colorado, United States

Emporium Presents is an independent national concert promoter. The company promotes over 400 shows annually across a variety of entertainment offerings including concerts, stand-up comedy, and performances by celebrated TV personalities.

Buy -