Base develops, creates, promotes and manages live entertainment productions in Las Vegas and elsewhere.
Its roster includesCriss Angel Mindfreakat Planet Hollywood Resort & Casino andMagic Mike Live Las Vegasat Sahara Las Vegas.
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Financial terms were not disclosed.
There was no frustration between parties leading up to the deal, Maluso told Deadline in an interview.
It came to be pretty evident that the Base model and the LiveCo model had become different.
Our forward-thinking strategy will also include select concert promotion and international attraction touring.
The transaction will better equip Base to identify viable productions in a rapidly evolving market, Maluso said.
Ive been living here for nine years and the city has radically changed during that time, Maluso said.
