Live Nation’s quiet position as the most powerful artist management company in the world is strengthening.
The entertainment giant just told investors: ‘We believe we are one of the world’s leading artist management companies based on the number of artists represented… as of December 31, 2015 , we had over 100 managers providing services to more than 350 artists.’
What’s particularly interesting: at the same point a year before, Live Nation said this:
“Our artist management companies manage musical artists and acts across all music genres. As of December 31, 2014 , we had over 60 managers providing services to approximately 280 artists.”
That’s a jump of 70 artists in 12 months.
In fact, in 2013, it was 60 managers with 240 artists – meaning the firm has increased its artist management roster by more than 100 acts in just two years.
These managers don’t work directly for Live Nation, but they are ultimately responsible to it.
A quick scan through the list of companies Live Nation counted as subsidiaries in December 2015 reveals a number of artist management firms in which it now owns a stake – or owns outright.
It’s quite an astonishing list – check it out in full through here.
In the US, subsidiaries include Roc Nation Management, 24 Artist Management, Eagles Personal Management Company, G-Major Management, Gellman Management, Mick Artists Management and Vector Management.
Internationally, in the UK and elsewhere, they include Plan B Management, Quest Management, Principle Management and Quietus Management.
Live Nation told investors last week that in 2015 it had acquired “all or part of festival promoters, a venue management business, an artist management business, and a ticketing business all located in the United States and the United Kingdom”.
In 2014, the company acquired controlling stakes in three artist management companies across the US and UK.
Live Nation’s Frontline artist management business was headed up by Irving Azoff until the exec quit the multi-national at the end of 2013.
In 2014, it announced the launch of the Maverick group – a management company which combines the teams and rosters of Ron Laffitte, Caron Veazey, Gee Roberson, Cortez Bryant, Larry Rudolph, Adam Leber, Scott Rodger and Clarence Spalding.Music Business Worldwide