Live Nation Acquires SoCal Indie Staple Spaceland Presents

Spaceland
– Spaceland

Live Nation continues its Southern California deal-making with the company acquiring Spaceland Presents, the operator and promoter of popular Los Angeles venues such as The Echo, Echoplex, and The Regent Theater.

One of L.A.’s most influential concert promotion firms, Mitchell Frank’s Spaceland Presents produces and books talent for over 1,200 concerts and events yearly and is also known for live musical performances at the Santa Monica Pier, the Los Angeles Natural History Museum and Echo Park Rising, among others.  
Spaceland Presents, the operator and promoter to popular L.A. venues — The Echo, Echoplex and The Regent Theater—brings hundreds of local and national acts to Echo Park and DTLA annually. These popular Indy-centric venues will join Live Nation’s growing portfolio of venues in SoCal including The Wiltern, Palladium, Observatory, Ventura Majestic Theatre, Soma, Fox Riverside and others. 
“Live Nation brings added know-how, extensive resources, and worldwide experience to help expand Spaceland’s growth,” Frank said in a statement. “It  will substantially increase our bandwidth and support our ability to continue to advocate and promote the artists and music we care about through live music.”  
Ben Weeden, COO, Live Nation  Clubs & Theaters, added, “We’re looking forward to helping them continue to be champions of artists on multiple fronts ranging from marketing to performance opportunities to help an artist grow from small 250-cap rooms to full potential, whether it’s a 3,000-cap venue or arena. We are excited to have Mitchell and his team join the Live Nation family.”  A Live Nation representative confirmed that the company also acquires the stake in Spaceland previously purchased by Knitting Factory. 
The Spaceland news comes after a slew of announcements in the region for Live Nation’s Clubs & Theatres division, with a strategic partnership with Orange County club Chain Reaction, booking deal with Soma in San Diego and acquiring outright the Santa Ana and San Diego Observatory venues. 
The club moves also extended beyond Southern California. Live Nation announced Wednesday that it had partnered with Greensboro Coliseum Complex’s new, 2,300-capacity, multipurpose venue Piedmont Hall, which is situated in a onetime Canada Dry bottling plant in Greensboro, N.C., and opens Sept. 6.