Live Nation Profile

Topics: Corporate governance, Chief executive officer, Live Nation Pages: 2 (257 words) Published: February 28, 2013
Research Paper
Case Analysis

LIVE NATION
Profile:

Live Nation Entertainment
From Wikipedia, the free encyclopedia
"Live Nation" redirects here. For its live events subsidiary, see Live Nation (events promoter). Live Nation Entertainment

Type
Public company

Traded as
NYSE: LYV

IndustryEntertainment
Founded2010
HeadquartersBeverly Hills, California

Area servedWorldwide
Key peopleIrving Azoff (Chairman)
Michael Rapino (CEO, director, president)

ProductsTicketmaster
Live Nation Concerts
Front Line Management Group
Live Nation Network
Revenue US$ 5.38 billion (2011)

Operating income
US$ 18.34 million (2011)

Net income
US$ -70.40 million (2011)

Total assets
US$ 5.088 billion (2011)

Total equity
US$ 1.62 billion (2011)

EmployeesFull-time: 6,600
Part-time: 13,000

Websitelivenationentertainment.com

Live Nation Entertainment (NYSE: LYV) is an American entertainment company, formed from the merger of Live Nation andTicketmaster. The leadership consists of John C. Malone, chairman of Liberty Media as chairman and Michael Rapino, (currently chief executive officer of Live Nation) as president and CEO of the company. On January 24, 2011, media executive Barry Diller resigned from the board of directors after a reported internal boardroom struggle.[1] The proposal has received regulatory approval in Norway and Turkey.[2] The United States Justice Department approved the merger on January 25, 2010 with some conditions to which both parties agreed.[3] In October 2009, the United Kingdom's Competition Commission provisionally ruled against the merger[4] but on December 22, 2009, the Competition Commission reversed itself and decided to clear the proposed merger.[2]

Reference: http://en.wikipedia.org/wiki/Live_Nation_Entertainment
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