How Independent Ownership of Music Is Slowly Being Acquiesced to Larger Corporations

How Independent Ownership of Music Is Slowly Being Acquiesced to Larger Corporations

Last week, lost among the shuffle of a slew of bad news stories on the country music front was the news that mega concert promoter Live Nation had purchased a 51% controlling stake in the largest independent music festival in the country—Manchester, Tennessee’s Bonnaroo. The specifics of the deal looked very similar to the deal struck in December of 2014 when they purchased Austin’s C3 Presents.