Live Nation Entertainment Partners With Adria Entertainment in Croatia
Live Nation Entertainment Partners With Adria Entertainment in Croatia
LONDON, January 11, 2012/PRNewswire/ --
Live Nation Entertainment, Inc. (NYSE: LYV) today announced that it has entered into a
partnership with Adria Entertainment, the most successful promoter in Croatia.
Adria Entertainment is a leader in promoting live entertainment in the Balkan region,
organizing over 100 concerts in the last five years while meeting the highest standards in
the concert business and selling hundreds of thousands of tickets.
"Our partnership with Adria Entertainment represents an attractive opportunity to
execute our international expansion strategy," stated Michael Rapino, President and Chief
Executive Officer of Live Nation Entertainment. "Croatia is becoming an increasingly
popular touring location for artists and we are happy to join forces with an established
partner in a growing music market. Moving forward, we will continue to identify strategic
partnerships that will allow us to better serve artists and fans, bringing the best in
live entertainment to new markets around the world."
Vladimir Ivankovi?, Chief Executive Officer of Adria Entertainment said, "This is an
unprecedented partnership within the industry in Croatia. It unites the expertise and
influence of the world's biggest live entertainment company with our local knowledge and
expertise which we believe will result in new innovation and opportunities for live
entertainment in the Adriatic region." Ivankovi? continued, "We are very proud to have
become a part of the Live Nation family, bringing foreign investment to Croatia and at the
same time sharing the professional knowledge that we have developed over the past six
years."
Adria Entertainment will continue bringing the greatest music stars and shows to
Croatia and across the Balkans, starting with Red Hot Chili Peppers at the Zagreb
Hippodrome on August 29th.
About Live Nation Entertainment:
Live Nation Entertainment is the world's leading live entertainment and eCommerce
company, comprised of four market leaders: Ticketmaster.com [http://www.ticketmaster.com
], Live Nation Concerts, Front Line Management Group and Live Nation Network.
Ticketmaster.com [http://www.ticketmaster.com ] is the global event ticketing leader and
one of the world's top five eCommerce sites, with over 26 million monthly unique visitors.
Live Nation Concerts produces over 20,000 shows annually for more than 2,000 artists
globally. Front Line is the world's top artist management company, representing over 250
artists. These businesses power Live Nation Network, the leading provider of entertainment
marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers
Live Nation delivers annually through its live event and digital platforms. For additional
information, visit http://www.livenation.com/investors.
Source: Live Nation Entertainment, Inc.
For further details please contact: Andrea Varga-Szabo | MD | Live Nation Central & Eastern Europe, Tel: (+36)1-8011014, Mob: (+36)30-99-66-406, Email: andrea.varga-szabo@livenation.hu; Adria Entertainment: Sanja Ajdinovski | VP Marketing | Adria Entertainment, Tel: (+385)1-888-68-23, Mob: (+385)91-4830278, Email: sanja@adriaentertainment.hr; Investors: Maili Bergman
Tel: +1-310-867-7000, Email: ir@livenation.com
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