US EditionLive Nation, Giant Owner of Ticketmaster, Takes Control of the Movistar Arena
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Live Nation, the largest live event company in the world, announced that it became the majority shareholder of Movistar Arena Santiago, Chile, one of the most important venues in South America. The operation was realized through an alliance with BeLive Entertainment Group, which also operates the Movistar Arena of Colombia, announced Live Nation in a statement this Thursday. The alliance will allow to improve the production of events and attract…
Bigstock Ticketmaster bought 51% of Arena Santiago, a concessionary society of Movistar Arena located in O’Higgins Park. The operation also included the acquisition of a portion of Fidelitas SpA, another of the corporate vehicles linked to the enclosure. Live Nation Entertainment, a matrix of Ticketmaster, operates in more than 40 countries and controls ticketing, production and entertainment venues on a global scale. The entertainment industry …
In a new chapter of Economic Agenda, we talked with Fernando Suárez, portfolio manager of Fintual, who analyzed the good results of the Santiago Stock Exchange. We also addressed who will take control of the Movistar Arena: the US multinational entertainment company Live Nation Entertainment, owner of Ticketmaster. One of the world’s largest concert producers will become the majority shareholder in the indoor area after partnering with the Chile…
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