- Jeremy Lascelles (co-management), Rory Powers Operator of full-service concert, event and festival. 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. 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%. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Resources. 5 Popular Ways to Invest in Gold: Which One Is Right for You? Zacks Equity Research Media Company. Analyst recommendations: Glencore, Intuit, Live Nation, Wells Fa.. Live Nation Entertainment Schedules First Quarter 2023 Earnings Release And Teleconfere.. Copyright 2023 Surperformance. The company has spent over $ 12M for the acquisitions. 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! For additional information, visitwww.livenationentertainment.com. 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. You can seethe complete list of todays Zacks #1 Rank stocks here. 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. 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 . 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. Emporium Presents, and 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. PRESS RELEASE PR Newswire. - Jeremy Sharp, Brendan Maclean Daze Between NOLA / Daze Between New Orleans, The Observatory Santa Ana / Santa Ana Observatory / The Observatory Music Hall. Arts & Music Festival in Richardson, TX. 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. Arts & Music Festival in Richardson, TX. 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. "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.". Meanwhile, Red Mountain is proficient in its amphitheater business, which can further promote Live Nations strategies. Sun May 2, 2021, 05:00. Red Mountain Entertainment - Crunchbase Company Profile & Funding "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.". In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Zacks Ranks stocks can, and often do, change throughout the month. 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. | March 21, 2023 This is Live Nations 1st transaction in Alabama. Red Mountain Entertainment is a premier regional concert and festival promoter. The procurement, as we believe, shall help the company to rake in profits for concerts from an already flourishing market. 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. 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.. This is Live Nation's 15th transaction in the United States. Live Nation Entertainment is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. "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.". Red Mountain Entertainment is a full-service concert and festival promoter based in Birmingham, Alabama. -, The calm before the storm of earnings reports, Seaport Global Initiates Live Nation Entertainment at Buy With $85 Price Target. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Red Mountain Entertainment has the reputation as being one of the premier regional concert and festival . Live Nation Entertainment acquires Red Mountain Entertainment on 2018-06-27 for an undisclosed amount. 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. Products. - Jeremy Sharp, formerly of The Harbour Agency, Bad Pony 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. 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. Live Nation Buys Stake in Red Mountain to Improve Concerts 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! Live Nation has invested in multiple sectors such as Online Event Ticketing and more. Live Nation Entertainment : Acquires Premier U.S. Promoter Red Mountain (RTTNews) - Live Nation Entertainment said that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concer. All rights reserved. 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. Live Nation Entertainment, Inc. (NYSE:LYV) acquired majority stake in Red Mountain Entertainment on June 27, 2018. - Marlon Burton & Graham Clews, Yellow Days 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.

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