Live Nation will acquire concert promoter Spaceland Presents and its L.A. music venues, the Echo + Echoplex and The Regent. https://lat.ms/2w6vif0
The acquisition is the latest in a string of deals that Live Nation has made with Southern California music venues in the past year as the industry continues to consolidate. http://lat.ms/2w6vif0
The deal underscores the growing concentration in the venue business. Independent concert promoters have struggled to compete against large concert promoters like Live Nation. http://lat.ms/2w6vif0
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