Early years 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 2005, Clear Channel spun off its entertainment division and named the new company Live Nation.
Michael Rapino was appointed as the company's CEO.
2006 to 2009 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.
Merger with Ticketmaster In February 2009, Live Nation announced that it had reached an agreement to merge with the ticket broker
Ticketmaster in a $2.5 billion, all-stock deal. The proposal initially received regulatory approval in
Norway and
Turkey. In October 2009, the United Kingdom's
Competition Commission provisionally ruled against the merger with Ticketmaster. The Competition Commission later cleared the merger on December 22, 2009. The
United States Department of Justice approved the merger in 2010. A condition of the approval, Ticketmaster agreed to license its software to rival
Anschutz Entertainment Group, and to sell its subsidiary Paciolan to
Comcast Spectacor, Comcast's sporting events subsidiary. Additionally, Ticketdisaster.org, a coalition of consumer rights and anti-trust groups, released a statement opposing the merger.
2011 to present 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. In December 2015, Live Nation launched Live Nation Productions, a film and television division. In 2018, Live Nation Productions produced
A Star Is Born, which starred
Lady Gaga and
Bradley Cooper. Live Nation has acquired a stake in a number of festivals and festival management companies, including
Voodoo Music & Arts Experience and
Bonnaroo Music and Arts Festival. In 2016, Live Nation partnered with Jägermeister to sponsor six electronic dance music festivals. The company has also sponsored
Music Midtown, a music festival based in Atlanta. In 2017, Live Nation acquired
BottleRock Napa Valley music festival. In late 2019, Live Nation announced "Lawn Pass", a one-time fee program for concertgoers to attend all 2020 events in the lawn section at 29
outdoor amphitheaters in the United States. The company has agreed to match a $500,000 donation by singer
Lizzo to
Planned Parenthood in response to the Supreme Court decision to overturn Roe vs. Wade. ==Controversies==