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Live Nation takes full AC ownership

UNITED STATES -
World News
February 21, 2020

LIVE NATION Entertainment (LNE) has fully acquired Knoxville, Tennessee-based AC Entertainment, having bought a majority share in of the company in 2016.  No financial terms have been revealed.

AC founder and president Ashley Capps remains with the company and running its 80,000-capacity Bonnaroo Music and Arts Festival.

AC vice-president Ted Heining, who has worked with Capps for 23 years, becomes head of Live Nation’s Knoxville, Chattanooga and

Asheville office.

In another LNE developments, Kurt Melen moves to New York as president after serving as president of Live Nation Las Vegas for more than five years.

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