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MTV Acquires The SnowGlobe Music Festival

Yesterday (Nov. 12), news broke that MTV acquired the SnowGlobe Music Festival, expanding its global live event business.

The festival takes place in Lake Tahoe, California from December 29th through December 31st. MTV is hoping to expand the festival to other dates and locations around the world. Past performances of the SnowGlobe Music Festivals included Kendrick Lamar, Post Malone, and Zedd to name a few. This year’s year line-up includes Above & Beyond, Diplo, Eric Prydz, Rezz and RL Grimes headlining among 40 other artists. The new deal is to keep Viacom’s goal of growing its activity in live events. The festival usually draws about 20,000 attendees in the three days, leading to up to New Year’s Eve. The event mixes music acts, extreme winter sports, and art installations.

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