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.
Case details
- Notification date:13 August 2018
- Publication date:13 August 2018
- Economic sector:Arts, sports & recreation - S
- Economic sub-sector:Arts & performance activities - S.90
- Request for information:Yes
- Outcome:Cleared with proposals
Documents
M.18.067 Phase 2 DeterminationPDF | 2136 KBM.18.067 Phase 2 Determination PDF | 2136 KB - Opens in new window
M.18.067 Phase 1 DeterminationPDF | 822 KBM.18.067 Phase 1 Determination PDF | 822 KB - Opens in new window
M.18.067 Phase 2 Merger AnnouncementPDF | 150 KBM.18.067 Phase 2 Merger Announcement PDF | 150 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
- Donnacha Hennessy donnachahennessy@ccpc.ie
