This is Live Nations 1st transaction in Alabama. 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. Arts & Music Festival in Richardson, TX. Increased Focus on Concert & Ticketing Business. To learn more, click here. Birmingham, Alabama's largest concert promoter, Red Mountain Entertainment, has been bought by concert giant Live Nation Entertainment in hopes to bring more shows to the area. WhatsApp acquired by Facebook). Copyright 2023 Surperformance. All rights reserved. Live Nation Buys Premier U.S. Promoter Red Mountain Entertainment 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. Find tour dates and live music events for all your favorite bands and artists in your city! - Jeremy Sharp, Brendan Maclean proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. Live Nation Entertainment, Inc. (LYV Quick QuoteLYV - Free Report) announced its procurement of a majority stake inRed Mountain Entertainment. Resources. hardrockfan. Privacy Policy | No cost, no obligation to buy anything ever. This is Live Nation's 30th transaction in the Media sector. Search Crunchbase. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. For additional information, visitwww.livenationentertainment.com. Arts & Music Festival in Richardson, TX. Red Mountain Entertainment General Information. Under the terms of the acquisition, the Red Mountain team will operate from Birmingham, AL and continue to supervise all operations starting from concert and festival promotions to venue consulting. "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. 3 Birmingham-based companies bought by national business entities SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Notably, in the last reported quarter, Live Nations concert business grew 20% year over year through efficient promotions. It can uplift, inspire and create a memory that lasts a lifetime. Introducing Vibee : The destination experience company built for music fans, founded by li.. - Jeremy Sharp, Busby Marou 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. For additional information, visitwww.livenationentertainment.com. Get concert tickets, news and more! Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Home - Live Nation Entertainment Live Nation is a live entertainment company. ZacksTrade and Zacks.com are separate companies. Live Nation Entertainment : Acquires Premier U.S. Promoter Red Mountain In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. Live Nation Buys Stake in Red Mountain to Improve Concerts James Taylor playing 3 outdoor concerts in Alabama in 2023: How to get 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. 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. 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) . PRESS RELEASE PR Newswire. NYSE and AMEX data is at least 20 minutes delayed. View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers. 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. 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 in Red . 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! 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 . from 8 AM - 9 PM ET. Live Nation Entertainment (NYSE: LYV) has acquired a majority stake in Birmingham's Red Mountain Entertainment. "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.". Additionally, RME is actively involved in the production of music festivals like the Sloss Music & Arts. . Red Mountain Entertainment operaets as a full-service concert and festival promoter. 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 in Red. MarketScreener: Created by Investors for Investors! 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. Get the best and latest industry news, data, new artist signings, insider commentary and more, delivered right to your inbox! "From day one, our goal at Red Mountain has always been to bring fans' favorite artists to town. Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. The world's leading entertainment company, Live Nation Entertainment, is buying a majority stake in Birmingham-based Red Mountain Entertainment, the company recently announced.