Kustom Entertainment's Big Shift: Focusing on Music and Tickets
Kustom Entertainment, Inc. has just sold its majority stake in Nobility Healthcare, LLC. This move is part of a bigger plan to focus more on live events and online ticketing.
Deal Details
- Percentage Sold: 51% stake
- Buyer: Current 49% owner
- Total Sale Price: $1.45 million
- Closing Date: January 8, 2026
Payment Breakdown
- Immediate Cash Payment: $100,000
- Credits for Past Debts and Working Capital: $209,501
- Promissory Note: $1,140,499 with 6% interest
- Payment Start Date: July 2026
Strategic Shift
This sale is a significant step for Kustom Entertainment, demonstrating their commitment to live entertainment and online ticketing. The company's ticketing platform is designed to handle everything from purchasing tickets to enjoying live events.
Market Potential
- Estimated Market Size: $100 billion
Key Event: Country Stampede Music Festival
One of the key events for Kustom Entertainment is the Country Stampede Music Festival, which has a 30-year history and has featured big names like Taylor Swift and Alan Jackson.
2026 Festival Details
- Dates: June 25–27, 2026
- Featured Artists: Rascal Flatts, Zach Top, Treaty Oak Revival
Expansion Plans
Kustom Entertainment plans to use the success of the Country Stampede as a model to grow its event production and ticketing services nationwide. This shift involves shedding non-core assets and adding new businesses that align with their new direction.
CEO Statement
Stanton E. Ross, CEO of Kustom Entertainment, stated that this divestiture allows the company to focus on the entertainment sector. He mentioned that the company is moving from a regional focus to a nationwide strategy. By leveraging its platforms, Kustom Entertainment aims to capture a significant share of the global live event market.
