"Live Nation Studios division has already recorded hundreds of shows in our venues and with the acquisition of House of Blues last year, we gained access to thousands of additional hours of live concert footage and interviews, all of which we hope to bring to live music fans with the help of the artist," said Bryan Perez, President of Live Nation’s Global Digital Division. "’Live Nation TV’ is the next step in building a direct artist-to-fan relationship through LiveNation.com, providing another opportunity to connect artists with their fans around the magic of the live concert experience."
Launched less than a year ago, LiveNation.com has already become a leading destination for music fans as a live music search engine offering concert tickets, tour dates and information on artists and venues to fans around the world. Registered members can also gain exclusive access to purchase premium seats in great locations, VIP parking spaces and VIP Club Access for live music events in all of its amphitheatres across North America directly at http://www.livenation.com/.
These added content and e-commerce offerings are expected to bring an increase in traffic to Live Nation’s websites, which collectively are the second most visited event websites in the United States, according to Nielsen//NetRatings.
About Live Nation
Live Nation is the world’s largest live music company. Our mission is to inspire passion for live music around the world. We are the largest promoter of live concerts in the world, the second-largest entertainment venue management company and have a rapidly growing online presence. We create superior experiences for artists and fans, regularly producing tours for the biggest superstars in the business, including The Rolling Stones, Barbra Streisand, Madonna, U2 and Coldplay. Globally, we own, operate, have booking rights for and/or have an equity interest in more than 160 venues, including House of Blues(R) and Fillmore(R) music venues and prestigious locations such as Nikon at Jones Beach in New York and London’s Wembley Arena. Our websites collectively are the second most popular entertainment/event websites in the United States, according to Nielsen//NetRatings. In addition, we also produce, promote or host theatrical, specialized motor sports and other live entertainment events. In 2006, we connected nearly 60 million fans with their favorite performers at approximately 26,000 events in 18 countries around the world. Headquartered in Los Angeles, California, Live Nation is listed on the New York Stock Exchange, trading under the symbol "LYV."
First Call Analyst:
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SOURCE: Live Nation