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Live Nation
Type Public (NYSE: LYV)
Founded 2005
Headquarters Beverly Hills, California
Key people Michael Rapino, CEO
Michael Cohl, Chairman
Industry Entertainment
Products concerts
Revenue ▲$4. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Michael Cohl (born c 1948 is a Canadian concert promoter He is the president of Toronto -based music promotional company The BCL Group (Ballard Cohl Labatt For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" See also Entertainment (disambiguation and The Entertainer (disambiguation Entertainment is an activity designed to give people In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A concert is a live Performance, usually of Music, before an Audience. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 4 billion [1]USD (Calendar 2005)
Employees 3,000 full-time, 15,900 part-time
Website www.livenation.com

Live Nation NYSE: LYV is a live events company based in Beverly Hills, California. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Live Nation formed in 2005 by a spin-off from Clear Channel Communications. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Clear Channel Communications is a media conglomerate company based in the United States. The present CEO of the company is Michael Rapino.

In 2005, Live Nation promoted or produced over 28,500 events, including music concerts, theatrical shows, specialized motor sports and other events, with total attendance exceeding 61 million. An entertainment promoter is a person or company in the business of marketing and promoting Concerts Festivals Raves Nightclubs or As of September 30, 2005, Live Nation owned or operated 117 venues, consisting of 75 US and 42 international venues. These venues include 39 amphitheaters, 58 theaters, 14 clubs, 4 arenas and 2 festival sites. In addition, through equity, booking or similar arrangements Live Nation has the right to book events at 33 additional venues.

In October 2007, Live Nation announced a new contract with pop singer Madonna throughout the next decade after leaving Warner Music and Warner Bros.. Madonna Louise Ciccone Ritchie (born August 16 1958 known as Madonna, is an American Warner Music Group (WMG is the third-largest of the "big four" major record labels, the others being Sony BMG, EMI, and Universal Warner Bros Records Inc is an American Record label that operates as a wholly owned Subsidiary of Warner Music Group. She will be the founding recording artist for the new music division Live Nation Artists, formerly Artist Nation. [2]

Contents

History

Business

United States

Worldwide

Controversy

As a previous subsidiary of Clear Channel Communications under the Clear Channel Entertainment name, Live Nation was party to some highly visible controversies. The 2005 SEC filing for the creation of Live Nation listed several reasons for pursuing the split, including avoiding regulatory and legal pitfalls faced by Clear Channel.

Live music recordings

In 2004, Clear Channel acquired a key patent in the process of producing Instant Live recordings, in which a live performance is recorded directly from the sound engineer's console during the show, and then rapidly burned on CD so that audience members can buy copies of the show as they are leaving the venue. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Instant Live is a service by Live Nation which provides for the distribution of digital live recordings of concerts and music events available soon after a performance has ended A Compact Disc (also known as a CD) is an Optical disc used to store digital data, originally developed for storing digital audio This had been intended to provide additional revenue to the artist, venue, and promoter, as well as stifle the demand for unauthorized bootleg concert recordings made by audience members for profit. A bootleg recording is an audio and/or Video recording of a performance that was not officially released by the artist or under other legal authority However, some media critics, as well as smaller business rivals, believed that Clear Channel was using the patent (on the process of adding cues to the beginning and ending of tracks during recording, so that the concert is not burned as a single enormous track) to drive competitors out of business or force them to pay licensing fees, even if they do not use precisely the same process. The patent was transferred to Live Nation when Clear Channel Entertainment was spun off, [1] but the claims of the patent were cancelled on March 13, 2007,[2] after the patent owner failed to respond to a final office action in an inter partes reexamination proceeding. Events 1138 - Cardinal Gregorio Conti is elected Antipope as Victor IV, succeeding Anacletus II. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. In United States patent law, a reexamination is a process whereby a third party or Inventor can have a Patent reexamined by a Patent examiner All originally issued claims were rejected as being anticipated or rendered obvious by earlier publications for products developed by Telex. Novelty is a Patentability test according to which an Invention is not patentable if it was already known before the date of filing or before the date of Telex Communications was a Burnsville Minnesota -based manufacturer of Hearing aids and audio equipment [3]

Corporate governance

Current members of the board of directors of Live Nation are: Henry Cisneros, Jeffrey T. Henry Gabriel Cisneros (born June 11, 1947) is an American politician businessman and community leader Hinson, L. Lowry Mays, Mark P. Mays, Randall T. Lester Lowry Mays (born 24 July 1935) is the founder and current chairman of Clear Channel Communications. Mark P Mays is the president and CEO of Clear Channel Communications, Inc Mays, Connie McCombs McNab, John N. Simons, Jr. , Timothy P. Sullivan, Harvey Weinstein, Michael Cohl, and Michael Rapino

Top executives

See also

Sources

  1. ^ Fortune: Live Nation Rocks the Music Industry
  2. ^ PR Newswire

External links

Live Nation UK is the United Kingdom subsidiary of Live Nation International formerly the entertainment division of Clear Channel, a major US Instant Live is a service by Live Nation which provides for the distribution of digital live recordings of concerts and music events available soon after a performance has ended The Boston Globe (and Boston Sunday Globe) is the most widely circulated daily Newspaper in Boston and in New England,
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