M&A Deal Summary

Live Nation Acquires Mirage Promotions FZ-

On February 15, 2007, Live Nation acquired media company Mirage Promotions FZ-

Acquisition Highlights
  • This is Live Nation’s 5th transaction in the Media sector.
  • This is Live Nation’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2007-02-15
Target Mirage Promotions FZ-
Sector Media
Buyer(s) Live Nation
Deal Type Add-on Acquisition

Target

Mirage Promotions FZ-

Dubai, United Arab Emirates
Mirage Promotions FZ-LLC is a provider of concerts, shows and events in Dubai and other cities in the region, including such international acts as Pink, Aerosmith and Shakira.

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Buyer(S) 1

Buyer

Live Nation

Beverly Hills, California, United States

Category Company
Founded 2005
Sector Media
Employees14,700
Revenue 22.7B USD (2023)
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 7 of 45
Sector (Media) 5 of 35
Type (Add-on Acquisition) 7 of 38
Country (United Arab Emirates) 1 of 1
Year (2007) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-19 Gamerco S.A

Barcelona, Spain

Gamerco S.A is a concert promoter in Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-30 Academy Music Group

London, United Kingdom

Academy Music Group Ltd. is a privately held company owns and operates live music and club venues in the United Kingdom.

Buy $114M