M&A Deal Summary

Live Nation Acquires Big Concerts International

On February 22, 2016, Live Nation acquired media company Big Concerts International

Acquisition Highlights
  • This is Live Nation’s 22nd transaction in the Media sector.
  • This is Live Nation’s 1st transaction in South Africa.

M&A Deal Summary

Date 2016-02-22
Target Big Concerts International
Sector Media
Buyer(s) Live Nation
Deal Type Add-on Acquisition

Target

Big Concerts International

Cape Town, South Africa
Big Concerts International (Pty) Ltd. is a concert promoter of live entertainment events, merchandising, sponsorships, corporate- and private events, concessions, hospitality, and venue management.

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Buyer(S) 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 STATS #
Overall 28 of 45
Sector: Media M&A 22 of 35
Type: Add-on Acquisition M&A Deals 25 of 38
Country: South Africa M&A 1 of 1
Year: 2016 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 The Union

Calgary, Alberta, Canada

The Union Ltd. is a major festival and concert promoter in Canada, based out of Calgary and Edmonton.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 Musictoday

Crozet, Virginia, United States

Musictoday LLC is a provider of direct artist-to-fan e-commerce tools for artists he managed.

Sell -