-Leading Live Entertainment Companies Continue to Collaborate Bringing More Live Entertainment to Toronto-
LOS ANGELES, Nov. 29, 2013 – Live Nation Entertainment (NYSE: LYV) announced today that it has renewed its strategic partnership with Maple Leaf Sports & Entertainment (MLSE) and extended Ticketmaster’s ticketing services in MLSE’s venues through 2018.
“We have already realized tremendous success over the last three years partnering with MLSE, we look forward to building on this success to continue bringing the very best live entertainment and the best ticketing experience to the fans in Ontario,” said Michael Rapino, president and chief executive officer, Live Nation Entertainment. “MLSE is one of Canada’s finest organizations and our partnership has resulted in very positive discussions about adding additional concert venues in downtown Toronto. We are delighted to expand and extend our partnership.”
“Live Nation is the leading promoter in the world and their presence and influence here in Toronto is very strong,” said Tim Leiweke, president and chief executive officer, MLSE. “We value our partnership with Live Nation and look forward to expanding on the early success we have enjoyed together to continue delivering the best acts to Toronto. Live Nation and its Ticketmaster division are the best in the business, and we’re thrilled to have them as a partner as we work to bring the best in entertainment to our fans.”
MLSE owns and operates venues throughout Ontario, including the Air Canada Centre, Ricoh Coliseum. Live Nation owns and operates the Molson Canadian Amphitheatre and operates TD Echo Beach at Ontario Place. These venues will continue to be marketed to and open for independent concert promoters and event organizers. As part of the alliance, MLSE sells and services Live Nation’s sponsorships for its properties.
About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of four market leaders: Ticketmaster, Live Nation Concerts, Artist Nation Management and Live Nation Media/Sponsorship. For additional information, visit www.livenation.com/investors.