Talk:Live Nation

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[edit] Domestic?

Never use the word 'domestic' in an English language article. Especially when you - without further clues to the reader - so arrogantly assume every reader will assume all references are to the US. It's this stupidity and arrogance that are part of the errors on this site and the hatred of people of the US worldwide.

Good job on creating the entry. My questions (also posted on the CCC page) are:

Should it be Live Nation or CCE Spinco? The ticker shows live nation, but the SEC documents provided as sources show CCE Spinco.
We need to look at the majority stakeholder info for this company. I'm willing to be that CCC is still a large stakeholder, so saying there is now ownership or they are seperate is probably not correct.

Wikibofh_(talk) 14:48, 3 January 2006 (UTC)

Copying my response from the Clear Channel Communications edit page:

Live Nation announcement: "As of December 21, 2005, the newly independent company will be known as Live Nation." [1]
In case the "newly independent" phrase doesn't convince you that it is a 100% spin-off, the SEC documents make clear that Clear Channel retains no ownership - note that "Company" = CCE SpinCo = Live Nation: "NOTE M — SUBSEQUENT EVENTS On April 29, 2005, Clear Channel Communications announced a plan to strategically realign the Clear Channel Communication businesses. The plan includes a 100% spin-off of the Company. Following the spin-off, the Company will be a separate, publicly-traded company in which Clear Channel Communications will not retain any ownership interest." [2]

Jvandyke 20:19, 5 January 2006 (UTC)

Hi guys. I'd like to clear (no pun intended ;-) )this up. I run the Download Festival (one of Live Nation's festivals) MySpace and as such I have regular contact with employees at Live Nation/CCE. I emailed them this morning to ask about this and received the response that "Live Nation is just the new name for Clear Channel Entertainment - nothing has changed expect for the name!"

So, as such, Clear Channel DOES still own Live Nation and it is NOT an independent body in itself. BenjMartin 10.45, 5 April 2006 (BST)

Are you sure that they don't mean "As far as the customer is concerned, blah blah". Because I'm more inclined to believe the SEC filing! After the distribution, Clear Channel Communications will not own any shares of our common stock and we will not own any shares of Clear Channel Communications common stock. Three of our directors will also be directors of Clear Channel Communications, and our chairman will continue to serve as chief financial officer of Clear Channel Communications. In addition, in connection with the distribution, we and Clear Channel Communications are entering into a number of agreements that will govern our spin-off from Clear Channel Communications and our future relationship. We cannot assure you that these agreements will be on terms as favorable to us as agreements with other third parties. See "Our Relationship with Clear Channel Communications After the Distribution." In addition, if Clear Channel Communications acquires knowledge of a potential transaction or matter which may be a corporate opportunity for both us and Clear Channel Communications, our certificate of incorporation provides that we will generally renounce our interest in the corporate opportunity. See “Description of Capital Stock — Provisions of our Amended and Restated Certificate of Incorporation Relating to Related-Party Transactions and Corporate Opportunities. (page 6,7 from URL above). That seems to me to be a good reason to revert your edit. Unless you can find more definite information, like specific people or consortial have a controlling interest in both corporations. --Concrete Cowboy 17:20, 5 April 2006 (UTC)

Hi. Maybe so to the customer, but my relationship with Live Nation is not that of a customer, it is of a partner in the promoting of a festival that they organise. I asked my "contact" at LN: "are Live Nation still in part owned by Clear Channel or are you a completely independent company now?"

They replied with: "Live Nation is just the new name for Clear Channel Entertainment - nothing has changed expect for the name!"

So my response was:"So the company is still owned by the Clear Channel Group?"

To which their response was: "Yep!"

In my eyes, that's pretty plain to see that CC still own Live Nation. Plus it's from a very reliable source, an employee, but I wont edit it again until I have agreement with someone else on this Talk page. I have a meeting with them later this month. I'll ask them myself if anyone is still unsure. --BenjMartin 22:16, 6 April 2006