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Published: 2014/02/10

AEG Live Buys Madison House Presents

AEG Live has acquired Madison House Presents the wing of the Madison House empire that producers events and festivals such as Electric Forest and the now defunct Rothbury. Madison House’s management and booking wings help oversee the careers of acts like The String Cheese Incident, Lotus, Tea Leaf Green, JJ Grey and Mofro and many others.

AEG Live Chairman Jay Marciano told industry news outlet Pollstar:

Combining the collection of skills, experience and relationships that each of them brings to the company with the incredible talent and resources we already have in place will result in even greater success across multiple divisions and assets of AEG Live

Madison House Presents partners Don Sullivan, Mike Luba and Jeremy Stein will develop tours, promote concerts and produce festivals from offices in Chicago, New York and Boulder, CO, respectively. Both Luba and Stein will also continue their work with the String Cheese Incident’s management team.

Comments

There are 7 comments associated with this post

Adam February 10, 2014, 17:44:55

because the music industry needs more concentration of power..

nectar February 10, 2014, 18:44:25

wow first sci kicks out peak productions for their own Madison house presents and now aeg buys them! does anyone remember bigger isn’t better?

ray vann February 10, 2014, 19:05:39

jambands have become an industry.
while i don’t know much about the business side of the music industry this does not look like the best thing for the fan/consumer. I have never been a big sci fan but i was always impressed with the business that developed around them. I guess everything is for sale. Why does aeg have to own everything. Mom and pop businesses rule and corporations by and large suck. I am no longer impressed by madison house’s business model. They apparently are just another tool for the corporate f*ckers that are ruining our economy and our country. I am speaking as a small business owner and I’m pretty sure no corp would be interested in my business, so what do i know.

rusty February 10, 2014, 19:15:13

fuck this news!!

wallylama February 10, 2014, 21:27:20

Boo!! Way to ruin a good thing. Or maybe they were getting out while the getting is still good, either way it sucks.

zbb173 February 10, 2014, 23:25:26

This should be perceived as “little guys make a big move”. Instead, you haters do what you do best, hate. This is exciting news, not a bummer. The folks involved are extremely talented and will bring you, the consumers, exciting events for years to come!

beau g February 11, 2014, 10:16:28

Congratulations! definitely a win-win for everyone. Get on it!
BG

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