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Does Live Nation own Ticketmaster?
In 2010, Ticketmaster and Live Nation merged to create Live Nation Entertainment. Now you have more options than ever to enjoy live events, and things are only getting better. We're making real changes and putting you first in everything we do.
What's the difference between Live Nation and Ticketmaster?
Live Nation, Ticketmaster's parent company, owns concert venues, promotes tours, and sells tickets.
What company owns Live Nation?
Live Nation EntertainmentLive Nation / Parent organizationLive Nation Entertainment, Inc. is an American global entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. Wikipedia
Does Live Nation own Roc Nation?
Live Nation CEO Michael Rapino has inked a new five-year contract extension with the live events giant and owner of Ticketmaster and Roc Nation, keeping him at the helm of the company through the end of 2027.
Is Live Nation a reputable company?
LiveNation has a consumer rating of 1.43 stars from 97 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about LiveNation most frequently mention customer service, credit card and ticket master problems. LiveNation ranks 74th among Concert Tickets sites.
Does Live Nation have any competitors?
Live Nation Entertainment competitors include StubHub, Eventbrite, Ticketmaster and House of Blues Entertainment.
How much did Live Nation pay Jay Z?
Back in 2008, Jay Z stunned the music world by signing a ten-year, $150 million deal with touring giant Live Nation. “I've turned into the Rolling Stones of hip-hop,” the rapper said at the time. Jay Z may have to find an even loftier comparison for himself.
Does JAYZ own Roc Nation?
Roc Nation is an entertainment agency founded by Jay-Z in 2008. The company is headquartered in Manhattan and has additional offices in Los Angeles and London.
What is Live Nation net worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Live Nation Entertainment net worth as of October 27, 2022 is $18.79B. Live Nation Entertainment, Inc. operates as a live entertainment company.
How much does Live Nation pay artists?
Average Live Nation 3D Artist yearly pay in the United States is approximately $89,913, which is 41% above the national average.
How does Live Nation make money?
The Company operates through four business segments: Concerts, concerning the promotion and operation of live music events across its own and third-party venues; Ticketing, comprising ticketing agency services for its clients, with sales being routed through its own online sales channels and third-party outlets; Artist ...
Is Jay-Z associated with Live Nation?
Jay and Live Nation will remain equity partners in Roc Nation moving forward. “Live Nation and I entered unchartered territory in 2008,” Jay Z said in a statement. “Over nine years, we have traveled the world producing historic music experiences.
Why did Live Nation merge with Ticketmaster?
Through this merger, the parties believe that the combined company will have the tools to develop new products, expand access, improve transparency and deliver artists and fans more choices. This will drive greater attendance at live events and bring more value to all major constituents in the industry.
Is VIP Nation the same as Ticketmaster?
Live Nation, Our Proud Parent Company Get your tickets worry-free through Ticketmaster, upgrade to Premium with Live Nation Premium Tickets, or go through us for the ultimate VIP experience — all with the comfort of knowing you're in the hands of the Live Nation Entertainment family.
Can I use Live Nation gift card on Ticketmaster?
Live Nation Gift Cards can be used for the purchase of tickets sold through Live Nation and Ticketmaster via the internet, in the Live Nation mobile app and via telephone for Live Nation-produced events and many other events held at Live Nation venues.
When did Ticketmaster and Live Nation merge?
January 25, 2010LIVE NATION AND TICKETMASTER ENTERTAINMENT COMPLETE MERGER LOS ANGELES and WEST HOLLYWOOD, January 25, 2010 – Live Nation, Inc. (NYSE: LYV) and Ticketmaster Entertainment, Inc.
When did Live Nation buy back the shares?
It was reported on 18 December 2008 that Live Nation, honoring their financial commitment, bought back the shares at a loss of $19 million. In July 2008, Shakira signed an estimated $70–100 million contract with Live Nation. The same year, Live Nation signed a 3-tour deal with Canadian rock band, Nickelback.
Where is Live Nation located?
Live Nation (events promoter) Live Nation is an American events promoter and venue operator based in Beverly Hills, California. Formed in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national company. In 2000, the company was sold to Clear Channel Communications ...
When was SFX Entertainment founded?
Formed in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national company. In 2000, the company was sold to Clear Channel Communications for $4.4 billion, and operated as Clear Channel Entertainment until 2005, when it was spun off as Live Nation.
How much did Shakira sign with Live Nation?
In July 2008, Shakira signed an estimated $70–100 million contract with Live Nation. The same year, Live Nation signed a 3-tour deal with Canadian rock band, Nickelback. Also in 2008, a deal between Jay-Z and Live Nation for $152 million was confirmed. The deal covered financing of Jay-Z's own entertainment venture, live shows, tours and future recordings. Jay-Z signed a second 10-year deal with Live Nation in 2017.
What did Live Nation do?
After spinning off from Clear Channel, Live Nation acquired companies in the music industry while selling off other lines of business. The company acquired the House of Blues chain in 2006. Live Nation also made several international acquisitions between 2006 and 2009, including Gamerco, a concert promoter based in Spain. In January 2008, Live Nation sold its North American theatrical business (including the Broadway Across America business) to Key Brand Entertainment for $90.4 million. Also in September 2008, Feld Entertainment acquired its motorsports division.
Is Live Nation a part of Ticketmaster?
Live Nation made acquisitions following the merger with Ticketmaster. In 2011, it acquired the remaining 25% of Front Line Management Group Inc., an artist management firm that was majority owned by Ticketmaster. Also in 2011, Live Nation acquired online measurement company Big Champagne. In June 2013, Insomniac Events, a promoter focused on electronic dance music, announced a major "creative partnership" with Live Nation, giving the promoter access to Live Nation's resources while remaining an independent company. Live Nation did not take any ownership stake in Insomniac.
Who owns the Queen Elizabeth Olympic Park?
Live Nation owns and manages several international venues, including the Queen Elizabeth Olympic Park in London and 3Arena in Ireland. The company also owns a stake in several international artist and venue management firms, including Welldone Agency & Promotions in Finland, EMA Telstar Group in Sweden, Gunnar Eide Concerts in Norway, Mojo Concerts in the Netherlands, and Swedish EDM promoter Stureplansgruppen Live.
Who operates the Ticket Exchange?
Ticketmaster also operates Ticket Exchange by Ticketmaster, which manages the resale markets of several professional sports leagues and festivals.
When did Ticketmaster start selling overseas?
Ticketmaster established its first overseas location in London, called Ticketmaster UK, in 1981 and has been a trailblazer in both domestic events and international entertainment ever since. In the 1990's Ticketmaster was an early developer of modern digital ticket sales.
How many tickets does Ticketmaster sell?
Ticketmaster powers artists, promoters, venues, campuses, and more with the world's leading enterprise-grade ticketing software and services, selling over 500 million tickets annually in 30 countries worldwide and partnering with over 12,000 global clients.
What is Ticketmaster's Verified Fan Initiative?
Ticketmaster programs like the Verified Fan Initiative and Presence use technology to drastically cut down on bots and the sale of fake tickets, giving fans the opportunity to purchase tickets at face value before they hit the resale marketplace.
How much does a PLAYlive Nation franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 46 franchised PLAYlive Nation locations in the USA.
Are there any PLAYlive Nation franchise opportunities near me?
Based on 2019 FDD data, PLAYlive Nation has franchise locations in 12 states. The largest region is the West with 33 franchise locations.
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7 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
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Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Overview
Live Nation is an American events promoter and venue operator based in Beverly Hills, California. Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity. In 2000, the company was sold to Clear Channel Communications for $4.4 billion and operated as Clear Channel Entertainment …
History
The company was originally established in 1996 as SFX Entertainment, a subsidiary of media executive Robert F. X. Sillerman's SFX Broadcasting. During the late 1990s, SFX acquired a number of concert promoters, including Sunshine Promotions, The Entertainment Group, and Avalon Entertainment Partners. In 2000, Sillerman sold SFX to Clear Channel Communications for $4.4 billion. In 2005, Clear Channel spun off its entertainment division and named the new company L…
Controversies
According to a Houston Chronicle investigative report, Live Nation had been linked to at least 750 injuries and around 200 deaths at its events in seven countries since 2006.
The company has been under scrutiny by federal regulators for work safety and antitrust violations.
The company has agreed to match a $500,000 donation by Lizzo to Planned Parenthood in resp…
Artists and venues
Live Nation has an artist management division called Artist Nation. In October 2007, Live Nation reached a 10-year deal with Madonna, under which the company would collaborate on several facets of her career, including touring and merchandising.
In March 2008, it was confirmed that Live Nation signed a 12-year deal with U2 worth an estimated $100 million (£70 million).The parties agreed that the band would receive $25 million for 1.6 mill…
International
Live Nation owns and manages several international venues, including the Queen Elizabeth Olympic Park in London and 3Arena in Ireland. The company also owns a stake in several international artist and venue management firms, including Welldone Agency & Promotions in Finland, EMA Telstar Group in Sweden, Gunnar Eide Concerts in Norway, Mojo Concerts in the Netherlands, and Swedish EDM promoter Stureplansgruppen Live.
See also
• Instant Live
• LiveStyle
External links
• LiveNation.com