From this afternoon's Los Angeles Business Journal (8/21):
Live Nation Signs Mexico, Brazil Concert Deals
By DEBORAH CROWE - 8/21/2008
Los Angeles Business Journal Staff
"Shares of Live Nation Inc. fell five percent on Thursday even as the nation’s largest concert promoter announced two partnerships that should significantly expand its business south of the border.
Beverly Hills-based Live Nation said that it has signed five-year deals to extend its world tours to venues operated by event organizers in Brazil and Mexico. Corporacion Interamericana de Entretenimiento SAB, which had $1 billion in sales last year, handles more than 85 percent of international artists' shows in Mexico. In Brazil, Live Nation will be working with Time For Fun, which also has venues in Chile and Argentina." ...
for the complete story
Thursday, August 21, 2008
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