Live Nation, Frank Productions sign deal

California-based Live Nation Entertainment will acquire a majority interest in Madison-based Frank Productions.

According to a Live Nation release, Frank Productions staff, including its leadership team, will remain in place. The company has over 70 employees and is constructing the city’s newest concert hall, The Sylvee, in Madison’s Capitol East District, set to open later this year. In 2017, Frank Productions also acquired the High Noon Saloon and merged with the owners of the Majestic Theater.

Live Nation, a global live entertainment company, also asked the local promoter to assume operations of Madison’s Orpheum Theater, as well.

Since launching in the mid-1960s, Frank Productions — a third-generation family business co-owned by brothers Larry and Fred Frank — has grown to be one of the country’s largest independent concert promoters.