Live Nation Entertainment is now the sole owner of the downtown Phoenix music venue the Van Buren.
The global entertainment giant also has acquired sole ownership of Stateside Presents, the concert promotions company that has booked live music at several metro Phoenix venues since 1995.
Live Nation initially partnered with Charlie Levy and Stateside on the 1,850-capacity Van Buren, which opened in August 2017 on the corner of Fourth Avenue and Van Buren Street.
Live Nation's holdings also include Arizona FederalTheatre and Ak-Chin Pavilion.
The change of ownership, which has already taken effect, is a direct result of the COVID-19 pandemic, which caused the concert industry to shut down in March of 2020.