It's Official: Live Nation Acquires C3 Presents

Pollstar: Live Nation Entertainment (NYSE: LYV) announced today the completion of a transaction to acquire a controlling stake in C3 Presents. C3, led by the management team of Charles Attal, Charlie Jones and Charlie Walker, is one of the largest concert promoters in North America, owning and operating Austin City Limits Music Festival, producing Lollapalooza, and promoting over 1,700 additional concerts and events annually, as well as creating a growing portfolio of emerging music and lifestyle festivals. In recent years, Lollapalooza has become one of the most successful global festival brands, with festivals in Berlin, Buenos Aires, Santiago and Sao Paulo, along with its iconic Chicago event.