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9348 Civic Center Dr. Beverly Hills, CA 90210 CA Tel. 310-867-7000 Fax 310-867-7001 |
Type: Public
On the web:
http://www.livenation.com
Employees:
6,500
Employee growth: 51.2%
Live Nation Entertainment holds center stage as the world's largest ticket seller and promoter of live entertainment. In 2010 the company significantly expanded its ticketing services with the purchase of Ticketmaster Entertainment. The deal, worth some $889 million, created a powerful live-music conglomerate. The firm also owns or operates more than 125 venues in North America and Europe. Annually, about 50 million people attend some 20,000 Live Nation events. Live Nation also owns House of Blues venues through HOB Entertainment. In addition, through deals with pop stars such as Madonna and U2, Live Nation owns a stake in about 250 artists' music, including albums, tours, and merchandise.
Key numbers for fiscal year ending December, 2010:
Sales: $5,063.7M
One year growth: 21.1%
Net income: ($228.4)M
Officers:
Interim Chairman: John C. Malone
President, CEO, and Director: Michael (Mike) Rapino
EVP and CFO: Kathy Willard
Competitors:
Anschutz Entertainment
On Stage Entertainment
SMG Management
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