Live Nation Entertainment has acquired Spaceland Presents – one of Los Angeles’ best known indie concert promotion and booking firms, as well as the owner of venues such as The Echo, Echoplex and The Regent Theater.
Mitchell Frank’s Spaceland Presents produces and books talent for over 1,200 concerts and events yearly, and brings hundreds of local and national acts to Echo Park and DTLA annually.
In addition to running its own venues, Spaceland Presents is well known for putting on shows at famous L.A landmarks.
It has previously hosted live musical performances at locales including the Santa Monica Pier, the Los Angeles Natural History Museum and Echo Park Rising, among others.
“Live Nation brings added know-how, extensive resources, and worldwide experience to help expand Spaceland’s growth.”
Mitchell Frank, Spaceland Presents
According to the L.A Times, Live Nation has spent between $20m and $25m on acquiring Southern California music venues in the past year, including the Spaceland Presents portfolio.
Spaceland Presents’ venues (The Echo, Echoplex and The Regent Theater) now join Live Nation’s growing portfolio of venues in SoCal including The Wiltern, Palladium, Observatory, Ventura Majestic Theatre, Soma, Fox Riverside and others.
“Live Nation brings added know-how, extensive resources, and worldwide experience to help expand Spaceland’s growth,” said Mitchell Frank.
“It will substantially increase our bandwidth and support our ability to continue to advocate and promote the artists and music we care about through live music.”
Ben Weeden, COO, Live Nation Clubs & Theaters, said, “We’re looking forward to helping them continue to be champions of artists on multiple fronts ranging from marketing to performance opportunities to help an artist grow from small 250-cap rooms to full potential, whether it’s a 3,000-cap venue or arena. We are excited to have Mitchell and his team join the Live Nation family.”Music Business Worldwide