Under the terms of the agreement, Live Nation will acquire the 10 venues operating under the House of Blues brand, including HOBs in West Hollywood,
“We have great respect for the House of Blues employees and what they have accomplished, and we look forward to welcoming them into the Live Nation family,” Live Nation CEO Michael Rapino said of the deal.
Added his HOB counterpart, Greg Trojan: “This represents a compelling opportunity to grow our brand and accelerate the expansion of our club business, both in the
The company expects to file full financial information at the closing of the transaction. Goldman, Sachs & Co. and Morrison & Foerster advised Live Nation on the deal.
Another music-associated brand name is expected to be flying another corporate flag soon as well: The London-based Bank Group revealed Tuesday that it is seriously considering the sale of its 70 Hard Rock Café restaurants in order to concentrate on its core business of gambling. The Hard Rock chain, which started 35 years ago in
SONG REVENUE: CALM BEFORE THE STORM
J. Cole has his moment; Future-Metro have another big payday. (4/19a)
WARNER CHAPPELL ROPES IN RED CLAY STRAYS
Another big get for Guy and Carianne (4/19a)
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/19a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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