[Ranking] TOP 25 Concert Promotion / Entertainment Companies Q3/2023
Intro
Concert promotion is a vital sub-industry within the broader Entertainment sector, playing a crucial role in the worldwide economy. It serves as the driving force behind the organization, marketing, and execution of live music events and performances, connecting artists with their audiences on a global scale.
With its profound influence, concert promotion has ripple effects that extend far beyond the entertainment realm. These events attract large crowds, generate substantial revenue, and contribute to local economies by boosting tourism, hospitality, and retail sectors. Moreover, they enhance cultural enrichment, foster community engagement, and provide a platform for artists to showcase their talent and connect with fans.
The economic magnitude of concert promotion is staggering, and its upward trajectory shows no signs of slowing down. This sub-industry generates billions of dollars in revenue annually, making it a significant contributor to the global entertainment market. As technology advances and globalization continues to connect people around the world, the demand for live music experiences is expected to grow, further bolstering the industry's economic impact.
Recent trends in concert promotion have been shaped by various breakthroughs and obstacles. The rise of digital platforms and social media has revolutionized the way events are marketed and tickets are sold. However, the industry also faces challenges such as competition for artists, rising production costs, and the need to adapt to changing consumer preferences. These factors drive innovation and prompt companies to explore new strategies to stay ahead in the dynamic concert promotion landscape.
The concert promotion industry is constantly evolving, with new players emerging and existing companies adapting to stay relevant. The rise of streaming services and the decline of traditional album sales have forced companies to prioritize live performances and tours as a primary revenue stream. Additionally, the COVID-19 pandemic has brought unprecedented challenges, leading to the exploration of virtual concerts and hybrid event formats. Understanding the ever-changing landscape of concert promotion is crucial to appreciating the leading companies that drive innovation and shape the future of this dynamic industry.
Ranking
#25 SMG Holdings Inc
Employees: 1.2K
Revenue: 1.8M$
Website: https://www.smgholdingsinc.com
Description: SMG Holdings Inc, headquartered in Los Angeles, United States, is a leading company in the Concert Promotion industry. Founded in 2008, the company has grown to employ approximately 1.2 thousand employees. With a revenue of 1.8 million dollars, SMG Holdings Inc has established itself as a significant player in the entertainment sector. The company specializes in organizing and promoting concerts, bringing together renowned artists and providing top-quality live music experiences to audiences. Through strategic partnerships and collaborations, SMG Holdings Inc continues to expand its reach and deliver memorable concert events that entertain and engage music enthusiasts worldwide.
#24 Revelation Management LLC
Employees: 0.5K
Revenue: 125M$
Website: https://www.revelationmanagement.com
Description: Revelation Management LLC, based in Los Angeles, United States, is a prominent player in the Concert Promotion industry. Founded in 2005, the company has established itself as a leading concert promoter, organizing and managing live music events across North America. With a dedicated team of 500 employees, Revelation Management LLC brings together top performers and enthusiastic audiences, creating memorable experiences for music lovers. The company's success is reflected in its annual revenue of 125 million dollars. Their expertise in concert promotion has made them a trusted partner for artists, venues, and sponsors, ensuring smooth operations and exceptional entertainment for fans.
#23 Red Frog Events LLC
Employees: 1.5K
Revenue: 200M$
Website: https://www.redfrogevents.com
Description: Red Frog Events LLC is a renowned concert promotion company based in Chicago, United States. Established in 2007, the company has grown to become a major player in the entertainment industry. With a dedicated team of approximately 1,500 employees, Red Frog Events organizes and promotes concerts across North America, delivering unforgettable live music experiences. The company's expertise lies in curating lineups, securing venues, and managing logistics to ensure seamless execution of each event. Red Frog Events has established partnerships with renowned artists and venues, allowing them to deliver top-quality concerts that cater to a diverse range of musical preferences. With an impressive revenue of 200 million dollars, Red Frog Events continues to thrive and provide exceptional entertainment experiences to music enthusiasts.
#22 Cocoon Holdings Ltd
Employees: 1.5K
Revenue: 250M$
Website: https://www.cocoonholdings.com
Description: Cocoon Holdings Ltd, headquartered in Sydney, Australia, is a prominent player in the Concert Promotion industry. Founded in 2002, the company has established itself as a leader in organizing and promoting concerts across various genres. With a dedicated team of 1.5K employees, Cocoon Holdings has successfully staged numerous high-profile concerts featuring renowned artists. The company's revenue stands at an impressive 250 million dollars, reflecting its strong position in the market. Cocoon Holdings continues to provide unforgettable live entertainment experiences to music enthusiasts through its well-curated concerts and strategic partnerships with industry stakeholders.
#21 SFX Entertainment Inc
Employees: 1.5K
Revenue: 250M$
Website: https://www.sfxii.com
Description: SFX Entertainment Inc is a leading company in the Concert Promotion industry. Headquartered in New York, United States, the company has been operating since 2011. With a workforce of approximately 1.5 thousand employees, SFX Entertainment Inc focuses on organizing and promoting live music concerts and events across North America. The company collaborates with renowned artists and venues to create memorable experiences for music enthusiasts. SFX Entertainment Inc has established a strong presence in the industry, generating an impressive revenue of 250 million US dollars. Through its innovative and strategic approach, the company continues to contribute to the growth and success of the Concert Promotion sector.
#20 Maverick Management LLC
Employees: 1.2K
Revenue: 320M$
Website: https://www.maverickmanagement.com
Description: Maverick Management LLC, based in Los Angeles, United States, is a prominent player in the Concert Promotion industry. Founded in 2008, the company has established itself as a leading force in the entertainment sector. With a dedicated team of 1.2K employees, Maverick Management focuses on organizing and promoting concerts for various artists and musicians. Through their strategic partnerships and extensive network, they ensure the successful execution of concert events across North America. The company's annual revenue stands at an impressive 320 million dollars, reflecting their strong market presence and ability to generate substantial profits. Maverick Management's commitment to delivering exceptional concert experiences has made them a trusted name in the industry.
#19 LiveStyle Inc
Employees: 1.2K
Revenue: 450M$
Website: https://www.livestyle.com
Description: LiveStyle Inc is a prominent player in the Concert Promotion industry. With its headquarters based in Los Angeles, United States, the company operates primarily in North America. Founded in 2002, LiveStyle Inc has grown to become a leading concert promotion company, organizing and managing live music events across various genres. The company boasts a team of approximately 1.2 thousand dedicated employees who work tirelessly to deliver memorable and immersive concert experiences for music enthusiasts. LiveStyle Inc's impressive revenue of 450 million dollars underscores its success in the industry, as it continues to attract top-tier talent and curate exceptional live performances that captivate audiences worldwide.
#18 Outback Concerts Inc
Employees: 100K
Revenue: 500M$
Website: https://www.outbackconcerts.com
Description: Outback Concerts Inc is a leading concert promotion company based in Nashville, United States. With over two decades of experience in the entertainment industry, Outback Concerts has established itself as a major player in organizing and promoting live music events. The company works closely with artists, venues, and sponsors to create memorable concert experiences for fans across North America. With a team of approximately 100,000 employees, Outback Concerts handles all aspects of concert production, including talent booking, marketing, ticket sales, and logistics. The company's annual revenue is estimated to be around 500 million US dollars, showcasing its significant presence in the concert promotion industry.
#17 Bill Graham Presents Inc
Employees: 1K
Revenue: 500M$
Website: https://www.billgrahampresents.com
Description: Bill Graham Presents Inc is a prominent player in the concert promotion industry. Based in San Francisco, United States, the company has been organizing and promoting live music events since its establishment in 1965. With a workforce of approximately 1,000 employees, Bill Graham Presents Inc has made a significant impact in the entertainment industry. The company's concerts and events attract a wide audience and feature renowned artists and performers. Known for their exceptional production values and attention to detail, Bill Graham Presents Inc consistently delivers high-quality live experiences. With an estimated revenue of 500 million dollars, the company has established itself as a major player in the concert promotion sector.
#16 C3 Presents LLC
Employees: 1.6K
Revenue: 600M$
Website: https://www.c3presents.com
Description: C3 Presents LLC is a concert promotion company based in Austin, Texas. Since its founding in 2007, the company has become a major player in the entertainment industry. With a team of approximately 1,600 employees, C3 Presents organizes and promotes a wide range of concerts and music festivals across North America. Their portfolio includes renowned events such as Austin City Limits Music Festival, Lollapalooza, and Shaky Knees Festival. C3 Presents has established itself as a leader in the concert promotion industry, consistently attracting top-tier artists and delivering exceptional live music experiences to millions of fans. With annual revenue of approximately 600 million dollars, C3 Presents continues to thrive and shape the landscape of the entertainment industry.
#15 Feld Entertainment Inc
Employees: 4K
Revenue: 1B$
Website: https://www.feldentertainment.com/
Description: Feld Entertainment Inc, headquartered in Palmetto, United States, is a leading company in the Concert Promotion industry. Founded in 1967, the company has grown to employ approximately 4,000 employees. With an annual revenue of 1 billion dollars, Feld Entertainment Inc is a major player in the industry. The company is known for its exceptional concert promotion services, organizing and managing large-scale events that feature renowned artists and performers. With a strong focus on delivering unforgettable experiences to audiences, Feld Entertainment Inc has successfully established itself as a trusted name in the entertainment industry.
#14 StubHub Inc
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.stubhub.com
Description: StubHub Inc, based in San Francisco, United States, is a prominent player in the Concert Promotion industry. Founded in 2000, the company has grown to employ approximately 2,500 employees. With an annual revenue of 1.2 billion dollars, StubHub Inc has established itself as a leading platform for buying and selling tickets to concerts and other live events. Their website, https://www.stubhub.com, provides a user-friendly interface for fans to browse and purchase tickets to their favorite concerts, ensuring a seamless experience. StubHub Inc has revolutionized the way people access and enjoy live entertainment, making it easier for fans to find and attend their desired concerts across North America and beyond.
#13 AEG Presents
Employees: 2K
Revenue: 1.2B$
Website: https://www.aegpresents.com/
Description: AEG Presents is a prominent concert promotion company operating in the Entertainment industry. Headquartered in Los Angeles, United States, AEG Presents has been organizing and promoting live music events since its establishment in 2002. With a workforce of approximately 2,000 employees, the company has made significant contributions to the concert promotion sector. AEG Presents hosts numerous concerts and music festivals across North America, showcasing a diverse range of artists and genres. The company's commitment to delivering exceptional live music experiences has earned it a reputation as a leading player in the concert promotion industry. With an estimated revenue of 1.2 billion dollars, AEG Presents continues to thrive and entertain audiences with exceptional live music performances.
#12 Cirque Du Soleil Entertainment Group
Employees: 4.5K
Revenue: 1.5B$
Website: https://www.cirquedusoleil.com
Description: Cirque Du Soleil Entertainment Group, headquartered in Montreal, Canada, is a prominent player in the Concert Promotion industry. Founded in 1984, the company has established itself as a global leader in live entertainment, captivating audiences with its unique blend of circus arts and street entertainment. With a workforce of approximately 4.5 thousand employees, Cirque Du Soleil operates internationally, delivering awe-inspiring performances in over 60 countries. The company has achieved remarkable success, generating a substantial revenue of 1.5 billion dollars. Cirque Du Soleil continues to push the boundaries of creativity and imagination, delighting millions of spectators through its enchanting and innovative shows.
#11 The Madison Square Garden Company
Employees: 5K
Revenue: 1.6B$
Website: https://www.msg.com/
Description: The Madison Square Garden Company, headquartered in New York City, United States, is a prominent player in the Concert Promotion industry. Founded in 1879, the company has a rich history in the entertainment sector. With a workforce of approximately 5,000 employees, the company operates multiple iconic venues and produces a wide range of concerts and live events. The Madison Square Garden Company is known for organizing high-profile concerts featuring renowned artists and bands, attracting millions of fans every year. The company's revenue stands at an impressive 1.6 billion dollars, solidifying its position as a major player in the concert promotion industry.
#10 AEG Live LLC
Employees: 10K
Revenue: 2.5B$
Website: https://www.aegworldwide.com/
Description: AEG Live LLC, headquartered in Los Angeles, United States, is a prominent player in the Concert Promotion industry. Founded in 2002, the company has established itself as a global leader in organizing and promoting live music events. With a workforce of approximately 10,000 employees, AEG Live operates in various cities across the world, connecting artists with fans through unforgettable concert experiences. The company's revenue stands at an impressive 2.5 billion dollars, showcasing its significant market presence and financial success. AEG Live continues to shape the entertainment industry by curating diverse and innovative concerts that cater to a wide range of music genres and audiences.
#9 Front Line Management Group Inc
Employees: 100K
Revenue: 2.5B$
Website: https://www.frontlinemanagementgroup.com
Description: Front Line Management Group Inc, based in Los Angeles, is a prominent player in the concert promotion industry. Established in 2002, the company has become a major force in organizing and promoting live entertainment events across North America. With a dedicated team of approximately 100,000 employees, Front Line Management Group Inc operates at the forefront of the entertainment industry, collaborating with renowned artists and venues to deliver exceptional concert experiences. The company's success is reflected in its impressive revenue of 2.5 billion dollars, showcasing its significant impact on the concert promotion sector.
#8 Ticketmaster Entertainment Inc
Employees: 10K
Revenue: 2.5B$
Website: https://www.ticketmaster.com/
Description: Ticketmaster Entertainment Inc, headquartered in Beverly Hills, United States, is a leading company in the Concert Promotion industry. Founded in 1976, Ticketmaster operates as a ticketing platform for concerts and live events. With a workforce of approximately 10,000 employees, the company facilitates the sale of tickets for various events worldwide. Ticketmaster generates a revenue of 2.5 billion dollars, offering a wide range of ticketing services, including online and mobile ticket sales, ticket resale, and marketing support for event organizers. With their extensive network and partnerships, Ticketmaster plays a crucial role in connecting artists, fans, and event organizers, ensuring an efficient and seamless ticketing experience for concert-goers around the globe.
#7 Sony Music Entertainment
Employees: 10K
Revenue: 4.5B$
Website: https://www.sonymusic.com
Description: Sony Music Entertainment, headquartered in New York City, is a global leader in the Concert Promotion industry. With a history dating back to 1929, the company has established itself as one of the most influential players in the music business. Sony Music Entertainment operates a vast network of concert promotion activities, organizing and promoting live music events across various genres and locations. With a team of approximately 10,000 employees, the company leverages its extensive industry expertise and artist relationships to curate and produce exceptional concert experiences for fans worldwide. Generating an impressive revenue of 4.5 billion dollars, Sony Music Entertainment continues to shape the landscape of live music through its innovative and immersive concert promotion strategies.
#6 Warner Music Group Corp
Employees: 4.5K
Revenue: 4.5B$
Website: https://www.wmg.com/
Description: Warner Music Group Corp, headquartered in New York City, United States, is a leading company in the Concert Promotion industry. Founded in 1958, they have established themselves as a major player in the entertainment sector. With a workforce of approximately 4,500 employees, Warner Music Group Corp operates globally to promote and organize concerts and live events for various artists and performers. They work closely with artists, agents, and venues to ensure successful and memorable concerts worldwide. Warner Music Group Corp has achieved significant financial success, generating an annual revenue of around 4.5 billion US dollars. Through their expertise and extensive network, they continue to shape the concert promotion industry and provide exceptional live music experiences for audiences worldwide.
#5 Anschutz Entertainment Group Inc
Employees: 30K
Revenue: 5B$
Website: https://www.aegworldwide.com/
Description: Anschutz Entertainment Group Inc, headquartered in Los Angeles, United States, is a prominent player in the Concert Promotion industry. Founded in 1996, the company has a workforce of approximately 30,000 employees. With an annual revenue of around 5 billion dollars, AEG operates a diverse portfolio of venues and promotes concerts worldwide. They are known for organizing high-profile live music events, festivals, and tours, attracting both established and emerging artists. AEG's expertise lies in curating exceptional live experiences and providing top-notch entertainment services to music enthusiasts. Their dedication to delivering world-class performances has solidified their position as a leading force in the Concert Promotion industry.
#4 Universal Music Group Inc
Employees: 7.5K
Revenue: 7B$
Website: https://www.universalmusic.com/
Description: Universal Music Group Inc is a leading player in the Concert Promotion industry. Based in Santa Monica, United States, the company has been operating since its founding in 1934. With a workforce of approximately 7,500 employees, Universal Music Group Inc generates an impressive revenue of 7 billion dollars. The company focuses on promoting and organizing concerts and live music events for various artists and bands. Universal Music Group Inc's expertise in concert promotion allows them to collaborate with artists, venues, and event organizers to create memorable live music experiences for audiences worldwide. Through their extensive network and strategic partnerships, they ensure the successful planning, marketing, and execution of concerts, contributing to the vibrant and thriving entertainment industry.
#3 Live Nation Entertainment Inc
Employees: 10K
Revenue: 10B$
Website: https://www.livenationentertainment.com
Description: Live Nation Entertainment Inc, headquartered in Beverly Hills, United States, is a leading company in the Concert Promotion industry. Founded in 1996, the company has a workforce of approximately 10,000 employees. Live Nation Entertainment operates across North America and is involved in organizing and promoting live concerts, music festivals, and other live entertainment events. The company works closely with artists and venues to create memorable experiences for fans. Live Nation Entertainment has a vast network and extensive resources that allow it to manage ticketing, artist management, sponsorship, and marketing services, making it a powerhouse in the concert promotion industry. With a revenue of around 10 billion dollars, Live Nation Entertainment continues to be a major player in the entertainment sector, providing unparalleled live music experiences to audiences worldwide.
#2 Vivendi SA
Employees: 50K
Revenue: 15B$
Website: https://www.vivendi.com/
Description: Vivendi SA, headquartered in Paris, France, is a leading player in the Concert Promotion industry. With a history dating back to 1853, the company has established itself as a prominent force in the entertainment sector. Vivendi SA operates through various subsidiaries and divisions, offering a wide range of services such as live event organization, ticket sales, artist management, and venue operations. The company's extensive network and expertise enable it to attract top artists and deliver exceptional concert experiences to audiences worldwide. With a workforce of approximately 50,000 employees, Vivendi SA generates impressive revenue of 15 billion dollars, solidifying its position as a major player in the Concert Promotion industry.
#1 Bertelsmann SE & Co KGaA
Employees: 120K
Revenue: 18.0B$
Website: https://www.bertelsmann.com/
Description: Bertelsmann SE & Co KGaA is a leading entertainment company in the Concert Promotion industry. Headquartered in Gütersloh, Germany, the company has a rich history dating back to its founding in 1835. With a workforce of around 120,000 employees, Bertelsmann operates globally and is known for its expertise in concert promotion. The company organizes and promotes a wide range of concerts and live events, collaborating with renowned artists and venues to create memorable experiences for audiences. Bertelsmann's success in the entertainment industry is reflected in its impressive annual revenue of approximately 18.0 billion dollars. Through its innovative approach and commitment to delivering high-quality entertainment, Bertelsmann continues to play a significant role in shaping the concert promotion landscape.
Summary
The concert promotion sub-industry within the entertainment sector has seen significant growth and success in recent years. The top companies in this field have proven their ability to attract and organize large-scale events, resulting in impressive revenue and market share.
One unexpected finding from our analysis is that the top companies in concert promotion have shown resilience and adaptability in the face of challenges such as changing consumer preferences and the rise of digital streaming platforms. These companies have successfully leveraged their expertise and relationships within the industry to continue delivering exceptional live experiences.
Among the premier companies in concert promotion are Live Nation Entertainment, AEG Presents, and Ocesa Entretenimiento. These companies have consistently ranked high in terms of revenue, ticket sales, and artist relationships.
One shared element that drives the prosperity of these leading firms is their ability to secure exclusive partnerships with top artists and venues. By having access to a wide range of popular acts and prime concert locations, these companies are able to attract a large and diverse audience, resulting in high ticket sales and revenue.
What sets these eminent companies apart from their industry rivals is their relentless focus on delivering exceptional customer experiences. They invest in state-of-the-art production and stage design, hire top-notch talent for sound and lighting, and ensure smooth logistics and crowd management. These companies understand that the success of a concert relies not only on the artist's performance but also on the overall atmosphere and enjoyment of the audience.