Live Nation (events promoter)
American events promoter from 1996 to 2010 / From Wikipedia, the free encyclopedia
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For the parent company, see Live Nation Entertainment.
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 to counter the oversized influence of ticket behemoth Ticketmaster. In 2000, the company was sold to Clear Channel Communications for $4.4 billion and operated as Clear Channel Entertainment until 2005, when it was spun off as Live Nation. In 2010, Live Nation merged with the ticketing firm Ticketmaster to form a larger conglomerate named Live Nation Entertainment.
Quick Facts Formerly, Company type ...
Formerly | SFX Entertainment (1996–2000) Clear Channel Entertainment (2000–2005) |
---|---|
Company type | Subsidiary |
Industry | Event promotion |
Founded | 1996; 28 years ago (1996) |
Founder | Robert F. X. Sillerman |
Headquarters | , U.S. |
Revenue | US$ 10.34 billion (2017) |
US$ 91.4 million (2017) | |
US$ -6 million (2017) | |
Total assets | US$ 7.504 billion (2017) |
Total equity | US$ 1.418 million (2017) |
Number of employees | Full-time: 8,800 Part-time: 28,000 |
Parent | SFX Broadcasting (1996–2000) Clear Channel Communications (2000–2005) Live Nation Entertainment (2010–present) |
Website | LiveNation.com |
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