Live Nation acquires majority stake in Emporium Presents
The great US indie roll-up continues as Live Nation buys 51% of Dan Steinberg and Jason Zink's Emporium Presents
News By IQ | 1 October 2018
Live Nation has acquired a 51% stake in Colorado-based promoter Emporium Presents. Emporium – formed in June 2016 by the merger of Jason Zink’s Sherpa Concerts and Dan Steinberg’s Square Peg Concerts – is headquartered in Golden, Colorado, near Denver, and also has offices in Seattle and Birmingham, Alabama.
The deal with Live Nation sees the acquisition-hungry concert giant take a majority stake in Emporium Presents, although the company will keep its name, corporate identity and all staff. Terms of the deal were…