M/18/067 – LN Gaiety/MCD Productions

Transaction details

The proposed acquisition by LN-Gaiety Holdings Limited via LN-Gaiety Holdings Ireland Limited (collectively “LN-Gaiety”) of MCD Productions Unlimited Company (“MCD”) has been cleared by the Competition and Consumer Protection Commission subject to a number of legally binding commitments.

Notification date Decision date
Tuesday August 14, 2018 Friday, July 5, 2019
Parties Involved Business activities
LN-Gaiety Holdings Limited

LN-Gaiety is a UK incorporated joint venture between Live Nation and Gaiety, in operation since 2005. LN-Gaiety's business activities are focused on the operation of a number of music festivals and venues, primarily in the UK but includes ownership of the Electric Picnic music festival in Ireland. Live Nation owns Ireland's largest ticketing agent and also owns and operates the 3Arena, operates the Bord Gais Energy Theatre and manages venues, including the Gaiety and Olympia theatres, on behalf of Gaiety.

MCD Productions Unlimited Company

MCD is primarily a promoter of live music events on the island of Ireland, including two music festivals, namely Longitude and Vital. Gaiety Investments currently owns and controls MCD.

Economic sector Media merger
Entertainment and Recreation No
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, August 30, 2018 Thursday, January 24, 2019
Date of Requirement for Information Date Information Received
Friday, September 21, 2018 Friday, December 21, 2018
Current status: Completed
Cleared (Phase 2)
Authorised Officer Assigned Contact Details
Donnacha Hennessy

Tel: 01-4703662
DonnachaHennessy@ccpc.ie

Media enquiries: communications@ccpc.ie

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