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Red Mountain Entertainment has the reputation as being one of the premier regional concert and festival . "I have had the great privilege to have known Gary, Jay and John for many years now, and they are just terrific people who have built a tremendous concert business," said Bob Roux, President, U.S. Concerts, Live Nation. Additionally, the companys name will stay the same, a spokeswoman said. Copyright 2023, All Rights Reserved | Some TicketNews posts have affiliate links - it may receive a commission if you click a link and purchase tickets or other products. Since their formation in 2005, Red Mountain has promoted concerts in Birmingham at venues like the Legacy Arena, the Alabama Theater, Tuscaloosa Amphitheater, and the Wharf Amphitheater. "Given their entrepreneurial approach to business, their personal relationshipsand their tireless work ethic, they will continue to grow and accomplish even more as we work along-side one another at Live Nation.". Given their entrepreneurial approach to business, their personal relationships and their tireless work ethic, they will continue to grow and accomplish even more as we work alongside one another at Live Nation, Rouxs said in a press release. Live Nation Entertainment acquires Red Mountain Entertainment - 2018-06 Introducing Vibee : The destination experience company built for music fans, founded by li.. BEVERLY HILLS, Calif. (CelebrityAccess)Live Nation Entertainment has acquired a majority stake in Red Mountain Entertainment, one of the largest independent promoters in the Southeastern US. . In addition, Red Mountain produces craft beer festivals in the Southeast and owns the Oak Mountain State Fair in Pelham, Alabama. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Live Nation, who owns Ticketmaster, manages major artists around the globe and operates more than 200 venues. The entire Red Mountain Team will continue to stay with the company and operate from their home base of Birmingham, Ala., according to a Live Nation announcement. For additional information, visitwww.livenationentertainment.com. In a bid to further strengthen its concert and ticketing business, Live Nation (LYV) acquires majority stake in Red Mountain. Live Nation Acquires Red Mountain Entertainment Live Nation Teams Up With Liquid Death Mountain Water To Bring Fans Additionally, Red Mountain is actively involved in the production of music festivals throughout the Southeast including Sloss Music & Arts Festival, which the company co-owns with AC Entertainment and VMI, and has exclusive booking partnerships with Beale Street Music Festival in Memphis and Wildflower! View contacts for Red Mountain Entertainment to access new leads and connect with decision-makers.

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