In 1965, together with Col and Tony Brady, he formed ATA Allstar Artists, initially managing acts and promoting tours by Joye, The Joy Boys, Little Pattie, Sandy Scott and Cathy Wayne; and later recording artists for their label ATA Records distributed by Festival Records.
His company in Australia, Jacobsen Venue Management, has presented many acts including Barbra Streisand, Bruce Springsteen, the Bee Gees, The Three Tenors, Slim Whitman, Kiss, Simon and Garfunkel, Bob Marley, Shania Twain, Billy Joel, John Denver, Pearl Jam, Cyndi Lauper, Julio Iglesias, Barry Manilow, Meat Loaf, Olivia Newton-John, Peter Allen, Sammy Davis Jr, and many more, in addition to shows like Disney's Beauty and the Beast, Fame, and Dirty Dancing – The Classic Story on Stage. He was also the Executive Producer of the musical theatre production The Man from Snowy River: Arena Spectacular.
In 2002, the Jacobsen enterprise was floated as a public company, but was only half subscribed. The following year the new company suffered heavy losses from a disappointing Bruce Springsteen tour and the failure of the musical The Witches of Eastwick. The company eventually went into receivership.
Jacobsen was awarded the Medal of the Order of Australia (OAM) in 1985 for his services to the performing arts and entertainment industry. He was a JC Williamson Award recipient for lifetime achievement in 2002.
- Little Pattie (Patricia Amphlett), was married to Keith Jacobsen.
- Sandy Scott was married to Carol Jacobsen, Col, Kevin and Keith's sister, who was actively involved in the Jacobsen family businesses.
- Lawson, Valerie (3 January 1983). "An old Joy Boy rocks if not rolls the Town Hall". The Sydney Morning Herald. Retrieved 8 April 2011.
- Dennis, Anthony (18 June 2002). "Just can't get enough of The Man". smh.com.au. Retrieved 8 April 2011.
- Chessell, James (5 September 2002). "The go-slow show must go on". theage.com.au. Retrieved 8 April 2011.
- Rochfort, Scott (15 April 2003). "No-joy boys blame everything for loss". smh.com.au. Retrieved 8 April 2011.
- It's an Honour - Medal of the Order of Australia - 26 January 1985
- "JC Williamson Award recipients". Helpmann Awards. Live Performance Australia. Retrieved 30 April 2012.
- Frank Van Straten (2007) Profile, Hall of Fame, Live Performance Australia
- Valerie Lawson (2009) Jacobsens' Dirty Dancing family feud on show, 9 May 2009, The Australian
- Ian McFarlane (1999) The Encyclopedia of Australian Rock and Pop, Allen and Unwin
- Max Moore (2003) Some Days are Diamonds, New Holland Publishers
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