Live Nation acquires fifth-biggest promoter in the world, Germany’s MLK

PRESS RELEASE:

Marking a key expansion for the company,Live Nation Entertainment has formed Live Nation Concerts Germany with German concert promoterMarek Lieberbergto promote concerts and festivals inGermany,AustriaandSwitzerlandbeginningJan. 1, 2016.

As the fifth largest promoter in the world,Marek Lieberbergwill add over 700 shows and more than 2 million fans to Live Nation's platform of over 23,000 shows for 60 million fans, across more than 40 countries. Ticketmaster Germany will serve as the lead ticketing company, adding over 2 million tickets to its inventory. Under the terms of the deal,Marek Lieberbergwill be chief executive officer of Live Nation Concerts Germany andAndre Lieberbergwill serve as president.

"I have worked with Marek and Andre for over 20 years, and they are clearly among the top promoters in the world. Having them lead Live Nation's concert business forGermanyis an ideal fit, and continuing to build on our global scale in concerts provides our sponsors with increased access to fans in an important European market while adding millions of tickets to our Ticketmaster inventory," saidLive Nation EntertainmentPresident and CEO,Michael Rapino.

"Becoming a part of Live Nation is the dream of every promoter," saidMarek Lieberberg. "Gaining access to Live Nation's concert platform and sponsorship team will take our business to another level, and accessing Ticketmaster's leading technology will enable us to reach more fans and provide them with a unique service."

Marek Lieberberghas more than 45 years of experience in concert promotion and creating the leading festivals inGermany. He has worked with Live Nation in the past to promote tours includingJustin Timberlake, Rihanna, U2 and Madonna, and on his own has worked with Depeche Mode, Metallica,Bruce Springsteen, Michael Bublé, Coldplay, Queen andCeline Dion.