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Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs, as well as media offerings, such as live streaming and music-related original content; and ads across the company's distribution network of venues, events, and Websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for clients' specific brands. The Ticketing segment manages the ticketing operations, including providing ticketing software and services to clients, and ticket resale services, as well as offers online access for customers relating to ticket and event information through its primary Websites livenation.com and ticketmaster.com. This segment sells tickets through Websites, mobile applications, ticket outlets, and telephone call centers. The Artist Nation segment provides management and other services to music artists; and creates and sells merchandise for music artists. As of December 31, 2016, the company owned, operated, or leased 98 entertainment venues and 130 other facilities in North America; and 33 entertainment venues and 107 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
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