Live Nation buys renowned Portuguese promoter

The "indirect controlling stake" in the country's largest promoter Ritmos e Blues also gives LN a majority share in Altice Arena in Lisbon

News By Lisa Henderson | 27 April 2023

Forthcoming shows promoted by the Portuguese promoter include Madonna
Forthcoming shows promoted by the Portuguese promoter include Madonna

Live Nation has reportedly bought a controlling stake in Portugal’s leading promoter Ritmos e Blues (Rhythm and Blues).

Founded in 1990 by Nuno Braamcamp and Álvaro Ramos, the company has promoted concerts for the likes of Whitney Houston, Bruce Springsteen, Bryan Adams, Dire Straits, Michael Jackson, Prince, Phil Collins, U2, Rolling Stones, George Michael and The Police.

Ritmos e Blues was responsible for several of the first stadium concerts in the country, including a groundbreaking event with Tina Turner at…

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