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Slide #50. Live Nation Entertainment — BDG Music Group
Live Nation Entertainment (NYSE:LYV)
BDG Music Group
Live Nation Entertainment, the world's leading live entertainment company, has acquired a majority stake in BDG Music Group, the Baltic region's largest concert promotion company. Since early 2012, BDG Music has produced more than 50 shows in the Baltics and sold more than 200,000 tickets. The group will retain its current management team, although upon completion of the deal, it will be renamed Live Nation Baltics. Full terms of the deal were not disclosed.
Live Nation Entertainment is a live entertainment company. Co. is a producer of live music concerts. Co. owns, operates, has booking rights for venues, including House of Blues® music venues and locations such as The Fillmore® in San Francisco, the Hollywood Palladium, the Ziggo Dome in Amsterdam, 3Arena in Ireland, Royal Arena in Copenhagen and Spark Arena in New Zealand. Co. is also artist management company. Co.'s artist management companies manage music artists and acts across all music genres. Co.'s segments are: Concerts, which is involved in the promotion of live music events; Sponsorship and Advertising; and Ticketing, which sells tickets for events on behalf of its clients.
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