Live Nation acquires stake in MCD Productions
Denis Desmond's MCD has been brought under the LN-Gaiety umbrella, in the "logical next step" in the 14-year relationship between Live Nation and the Irish promoter
News By | 17 August 2018
LN-Gaiety Holdings (LNG), the UK promotion joint venture by Live Nation and Denis Desmond’s Gaiety Investments, has acquired Desmond’s company MCD Productions, strengthening significantly the relationship between Live Nation UK and its chairman.
Cork-born Desmond succeeded John Probyn as Live Nation’s chairman, UK and Ireland, in 2015, although MCD – founded by Desmond and Eamonn McCann in 1980, and now co-owned by Desmond and his wife, Caroline Downey – retained its independence.
News of MCD’s acquisition by LNG, first reported on…
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