"This move reflects our goal of providing artists with global touring plans that leverage our vast global distribution pipe in 57 countries," said Michael Rapino, Live Nation’s President and Chief Executive Officer. "This new position will ensure that Live Nation can now deliver a consistent and efficient one-stop global platform of service and products to the benefit of artists, sponsors and fans."
Mr. Garner will continue to report directly to Mr. Rapino. Alan Ridgeway, Live Nation’s Chief Executive Officer, International Music, will continue in his current role and report to Mr. Garner.
ABOUT LIVE NATION:
Live Nation’s mission is to maximize the live concert experience for artists, fans and sponsors. Our core business is buying and producing artist rights and monetizing those rights via our global distribution pipe. Live Nation is the largest producer of live music concerts in the world, annually producing over 16,000 concerts for 1,500 artists in 57 countries. The company sells over 45 million concert tickets a year and expects to drive over 60 million unique visitors to livenation.com in 2008. Live Nation is transforming the concert business by expanding its concert platform into direct concert ticketing and building the industry’s only 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 http://www.livenation.com/investors
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SOURCE: Live Nation