Live Nation has acquired live events operator CT Touring from entrepreneur Creston Thornton.
Following the deal, Thornton (pictured), according to the Pollstar website, will become the president of Live Nation’s new Mountain Region division that encompasses Idaho, Montana, Wyoming and eastern Washington.
Thornton – who launched CT Touring in 2012 after selling promoter Bravo Entertainment to Knitting Factory in 2006 – said he will be working with Live Nation to bring artists to tour areas of the US that may previously have been skipped.
According to Pollstar, Live Nation will assume ownership of venues such as Eagle River Amphitheatre and CenturyLink Arena. Thornton is to retain ownership of the 2,200-capacity Revolution Concert House & Event Center in Idaho.
“It’s a good thing,” Thornton told Pollstar. “It’s developing the Northwest [of the US]. I’d been back into it with the Revolution for five years, and we started CTTouring at the same time. It grew really quickly and we became really competitive.
“I’ve been working with [Live Nation Northwest President] Jeff Trisler for years and he brought it up. He wanted to concentrate on Seattle and Portland, Ore., and asked if I’d be interested in heading up a new division and really concentrate on the stuff I’ve done now for 24 years. It kind of rolled from there.”