How Much Did LiveNation Pay For MusicToday in 2006?

[kindofblue27]

I couldn't find it on the web? Any guesses? That DMB and Coran are some rich SOB's

[420th jimi]

It was never disclosed in 2006 when the purchase went down. They just say that Music Today grosses $100 million a year. That is a bunch of ducats!

[moccasin]

Reconciliation of Revenue and Adjusted EBITDA to Revenue and Adjusted
EBITDA including the Acquisition and Divestiture Adjustments

Year Ended Quarter Ended
12/31/2006 12/31/2005 12/31/2006 12/31/2005

Revenue $3,691,559 $2,936,845 $1,051,973 $752,257
Less: 2006
Acquisitions (a) (280,572) 0 (231,681) 0
Plus: 2005
Acquisition (b) 0 21,504 0 0
Less: 2005 and 2006
Divestitures (c) (37,172) (77,823) (3,635) (19,749)
Revenue including
Acquisition and
Divestiture
Adjustments 3,373,815 2,880,526 816,657 732,508

Adjusted EBITDA $153,114 $137,554 $17,961 $3,153
Less: 2006
Acquisitions (a) (21,426) 0 (17,952) 0
Plus: 2005
Acquisition (b) 0 (1,057) 0 0
Less: 2005 and 2006
Divestitures (c) (5,553) (6,197) 38 (2,365)
Adjusted EBITDA
including Acquisition
and Divestiture
Adjustments 126,135 130,300 47 788

(a) 2006 Acquisitions includes our acquisitions of CPI, TRUNK, Musictoday
and House of Blues
(b) 2005 Acquisition is the acquisition of Mean Fiddler
(c) 2005 and 2006 Divestitures assumes the impact of our entire
exhibition and sports representation businesses, of which we sold the
substantial majority of in 2005 and 2006, was completely eliminated
for both 2005 and 2006

Not sure if this makes sense because they paid $350 million for HOB.
I like a good challenge