Live Nation - CTS-Eventim-Wettbewerber (Seite 3)

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http://www.nytimes.com/2010/04/25/business/25ticket.html

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20.04.2010 01:51
Live Nation Announces Launch of $250 Million Private Notes Offering
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LOS ANGELES, April 19 /PRNewswire-FirstCall/ -- Live Nation Entertainment, Inc. ("Live Nation") today announced that it intends to offer, subject to market and other conditions, $250 million aggregate principal amount of senior notes ("Notes"). The Notes will be offered in a private placement in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081203/LAW048LOGO-b)

The offering price, interest rate and other terms will be determined by negotiations between Live Nation and the initial purchasers. The Notes will be unsecured.

Live Nation intends to use the net proceeds from the offering along with borrowings under a new senior secured credit facility to repay in full the borrowings under its existing credit facility and the credit facilities of its wholly-owned subsidiary, Ticketmaster Entertainment LLC, convert existing preferred stock of one of its subsidiaries into the right to receive a cash payment and pay related fees and expenses. The completion of the offering of the Notes is conditioned upon our entering into the new credit facility.

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19.04.2010 13:33
Live Nation Launches Concert Business In Australia / WORLD'S 7TH LARGEST MUSIC MARKET


LONDON and LOS ANGELES, April 19 /PRNewswire-FirstCall/ -- Live Nation, the world's premiere live entertainment company, today announced the launch of its concert promotion business in Australia, the 7th largest music market.

Luke Hede, currently the Vice President of International Booking for Live Nation Asia, based in Hong Kong, has been named Vice President of Promotions - Pacific Rim.

In addition, Live Nation has appointed Roger Field, formerly of Michael Coppel Presents, as Vice President of Promotions - Australia and New Zealand. Roger and Luke will work with Live Nation's Global and International Touring teams to bring Live Nation tours to Australia, New Zealand and the rest of the Pacific Rim, as well as booking local dates across the region.

Alan Ridgeway, CEO of Live Nation International, commented, "Over the last decade, Live Nation has been involved with some of the most successful tours throughout Australia and New Zealand, including: U2, The Rolling Stones, David Bowie, Prince, Nickelback, The Police, and many others. We now feel that the time is right to establish our own presence and further monetize our global tours in this particularly strong and growing live music market. After working closely with two of Australia's most highly regarded promoters in Paul Dainty and Michael Coppel respectively, both Luke and Roger have vast experience and knowledge in the local market and we are thrilled to have them leading our Australian launch."

Live Nation's presence in the Pacific Rim already includes offices in Hong Kong, Singapore and Shanghai. Luke Hede will continue to book international concerts for these offices with Mr. Hung Tik, based in Hong Kong, remaining Senior Vice President responsible for booking local artists. Live Nation also has a joint venture in Beijing with Gehua Group, which is run by Mr. Wei Ming, who has recently been appointed General Manager of the joint venture which promotes international and local artist shows booked by Luke, Hung Tik and Wei Ming.

Live Nation Australia will be based in Melbourne and it is expected that further staffing announcements will follow shortly. Live Nation already has an existing presence in Australia and New Zealand through Ticketmaster, which has been operating successfully in these markets for more than 20 years.

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LIVE NATION AND TICKETMASTER ENTERTAINMENT COMPLETE MERGER
LOS ANGELES and WEST HOLLYWOOD, January 25, 2010 – Live Nation, Inc. (NYSE: LYV)
and Ticketmaster Entertainment, Inc. (“Ticketmaster”) (NASDAQ: TKTM) today announced they
have completed their merger following the receipt of regulatory clearances and approvals from
all government authorities required by the merger agreement and the approval of Live Nation
and Ticketmaster stockholders. Subject to final confirmation, under the terms of the transaction
Ticketmaster stockholders will receive approximately 1.474 shares of Live Nation common stock
for each share of Ticketmaster common stock they own. As of today, the merged entity will
bear the name Live Nation Entertainment, Inc. (NYSE: LYV).
Effective as of the close of trading today, January 25, 2010, Ticketmaster common stock
(NASDAQ: TKTM) will cease trading.
About Live Nation
Live Nation’s mission is to maximize the live concert experience. Our core business is producing,
marketing and selling live concerts for artists via our global concert pipe. Live Nation is the largest
producer of live concerts in the world, annually producing over 22,000 concerts for 1,500 artists in 57
countries. During 2008, the company sold over 50 million concert tickets and drove over 70 million unique
visitors to LiveNation.com. Live Nation is transforming the concert business by expanding its concert
platform into ticketing and building the industry’s first artist -to-fan vertically integrated concert platform.
Headquartered in Los Angeles, California, Live Nation is listed on the New York Stock Exchange, trading
under the symbol LYV. Additional information about the company can be found at:
www.livenation.com/investors.

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frisch fusioniert mit Ticketmaster Thread: Ticketmaster - CTS Eventim-Wettbewerber