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Live Nation Entertainment, Inc.

Live Nation Entertainment, Inc.

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About Live Nation Entertainment, Inc.

Live Nation Entertainment, Inc. is a leading global live entertainment company specializing in promoting, operating, and managing ticket sales for live events worldwide. Formed in 2010 through the merger of Live Nation and Ticketmaster, it has established itself as a dominant force in the industry.

Concerts Division

The Concerts segment is central to Live Nation's operations, focusing on the promotion and production of live music events. It manages a vast network of venues, including arenas, amphitheaters, and clubs that host diverse concerts and music festivals.

This division collaborates closely with artists to ensure seamless execution of tours and events, catering to a global audience.

Ticketing Services

Through its subsidiary Ticketmaster, Live Nation provides comprehensive ticketing solutions. This includes ticketing software and services that enable consumers to purchase tickets and access event information via mobile apps, websites, and retail outlets.

Ticketmaster serves various live event categories such as concerts, sports events, and theatrical productions. It facilitates ticket sales for arenas, stadiums, and music clubs.

Sponsorship and Advertising

The Sponsorship & Advertising segment creates and executes sponsorship programs and advertising campaigns. Leveraging its extensive network of venues and events, Live Nation offers brands opportunities to engage consumers through music and sports events.

This includes placement of signage, promotional programs, and rich media offerings related to live streaming and music content.

Artist Management

Live Nation's Artist Nation division offers full-service artist management. It represents a diverse roster of artists across multiple genres by providing management services, tour support, and strategic guidance.

Its goal is to help artists navigate their careers and maximize their potential.

Global Presence

Operating in 44 countries, Live Nation promotes over 40,000 events annually. These include music festivals, concerts, sports events, and theatrical productions.

The company also manages and operates a significant number of venues worldwide, making it one of the largest operators of music venues globally.

Recent Developments

In May 2024, the U.S. Department of Justice, along with 30 state and district attorneys general, filed an antitrust lawsuit against Live Nation and Ticketmaster. The lawsuit alleges the company operates an illegal monopoly over the live events industry.

It accuses them of suppressing competition and inflating ticket prices. The government aims to break up the monopoly to promote fair competition and protect consumers.

Locations

Live Nation Entertainment operates across the United States in various corporate offices, venues, and event spaces. Key locations include:

  • Las Vegas, NV
  • Houston, TX
  • Minneapolis, MN
  • Cleveland, OH
  • San Francisco, CA
  • Raleigh, NC
  • Orlando, FL
  • Philadelphia, PA
  • Detroit, MI
  • New York City, NY
  • Nashville, TN
  • Warren, MI
  • Dallas, TX
  • Saint Paul, MN
  • New Orleans, LA
  • Collingswood, NJ
  • Anaheim, CA
  • Gloucester City, NJ

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