Tag Archives: Live Nation

LiveNation Acquires Setlist.fm

Posted on March 6, 2012 by Amit Chowdhry


Live Nation Entertainment has acquired Setlist.fm. Setlist.fm is a wiki website where fans can post and share information about concerts that they have attended. The website had collected about 400,000 set lists and 24,000 acts. The website reaches about 1.5 million people per month. Live Nation has been actively investing in ways to collect and analyze information about people that attend concerts. Last year Live Nation acquired a controlling interest in the BigChampagne, a company that tracks consumption patterns in digital media. [Sacramento Bee]

Categories , | Leave a comment

Lockerz Raises $45 Million In A Third Round Of Funding

Posted on August 3, 2011 by Amit Chowdhry


Lockerz is an e-commerce company that is building a rewards-based program intended for teenagers. The company is close to raising $45 million in a third round of funding. Lockerz CEO Kathy Savitt confirmed $36 million is done being raised with another $9 million expected in the next 60 days.
(more…)

Categories , , , , , , | Leave a comment

Live Nation and Ticketmaster In $2.5 Billion Merger

Posted on February 11, 2009 by Amit Chowdhry

Live Nation and Ticketmaster have entered a definitive agreement to merge in a deal worth $2.5 billion.  The new entity will be called Live Nation Entertainment.  The deal is tax-free and is in all stock and is subject to potential legal issues.

“It was less than two months ago that Ticketmaster ended its 10-year partnership with Live Nation, and I’m extremely glad we could reunite with this combination. No different from any other industry, the challenges are all around every aspect of live entertainment. Being able to put Live Nation and Ticketmaster into an equal partnership will allow the companies to get through this difficult period and be able to expand live entertainment options to audiences throughout the world,” stated Diller.

Barry Diller will be chairman and Michael Rapino will be CEO of Live Nation Entertainment.  Dropping the Ticketmaster brand name may help the company increase sales since Live Nation has a better reputation.

Categories , , , | Leave a comment