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Live Nation, Inc., is one of the largest owners and operators of venues for live entertainment in the world. Since its founding in 1997 the company has acquired many of the largest concert promotion companies in the United States, Canada, and Europe.

It promotes or stages about 30,000 events a year attracting around 60 million attendees. Approximately 90 percent of revenues come from this area.

History of digital audio use in commercial recording

Popular digital multitrack recorders produced by Sony and Mitsubishi in the early 1980s helped to bring about digital recording's acceptance by the major record companies. The 1982 introduction of the CD popularized digital audio with consumers