Introduction:
About Live Nation Entertainment
Page 1
Live Nation Entertainment is the world’s leading live entertainment and eCommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network.
* Ticketmaster.com is the global event ticketing leader and one of the world’s top five eCommerce sites, with over 26 million monthly unique visitors. Established in 1976, Ticketmaster serves clients worldwide across multiple event categories, providing ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums and theaters.
Live Nation Concerts produces over 20,000 shows annually for more than 2,000 artists globally.
Front Line is the world’s top artist management company, representing over 250 artists.
These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms.
As of December 31, 2011, Livenation Entertainment had approximately 6,600 full-time employees.
History: Chronology * Key Dates * 1996 SFX Broadcasting buys concert promoter Delsener/Slater. * 1997 The SFX Entertainment division is founded; Bill Graham Presents and other properties are acquired. * 1998 SFX Entertainment, Inc. is spun off; an exclusive deal with Ticketmaster is signed. * 1999 The company completes its first European acquisitions; the SFX Sports Group is formed. * 2000 Clear Channel Communications buys SFX Entertainment. * 2002 SFX Entertainment is renamed Clear Channel Entertainment. * 2005 The company is spun off as Live Nation, Inc. on the New York Stock Exchange.
2010 Ticketmaster and live Nation merge to create Live Nation
References: Live Nation Entertainment, 2011. Annual Report [pdf] Available at: < http://phx.corporate-ir.net/phoenix.zhtml?c=194146&p=irol-reportsAnnual> [Accessed 20 November 2012].