Live Nation acquires Canadian promoter Embrace Presents
Following multiple acquisitions in the past few months, Live Nation announces its majority stake in Canadian venue operator and promoter
News By | 6 February 2019
Live Nation Entertainment has acquired a majority stake in Embrace Presents, a Canadian venue operator and promoter of concerts, festivals and events in the Toronto area.
The announcement follows the acquisition of Singaporean promoter One Production at the end of January, and an acquisition-heavy 2018 in which Live Nation acquired 16 companies, including Argentine promoter DF Entertainment, Swiss promoter Mainland Music and UK festivals Bestival and Camp Bestival.
The companies plan to combine Embrace’s experience developing emerging talent, boutique festivals and mid-size…