Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals. The Ticketing segment manages the ticketing operations, including providing ticketing software and services to clients, ticket resale services, and online access for customers relating to ticket and event information through its primary Websites, www.livenation.com and www.ticketmaster.com. This segment sells tickets through Websites, mobile apps, ticket outlets, and telephone call centers. The Artist Nation segment provides management services to artists and other services, including merchandise sales. This segment also creates and sells merchandise for music artists at live performances, to retailers, and directly to consumers via the Internet. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, and media offerings, including live streaming and music-related original content, as well as banner ads across the company’s distribution network of venues, events, and Websites. It also manages the development of strategic sponsorship programs. In addition, this segment develops, books, and produces custom events or programs for its clients’ specific brands. As of December 31, 2014, the company owned, operated, or leased 94 entertainment venues and 112 other facilities in North America; and 22 entertainment venues and 92 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.