Live Nation secures majority stake in Chile’s Movistar Arena

Live Nation has become a majority stakeholder in Chile’s Movistar Arena Santiago after announcing a new partnership with operator BeLive Entertainment Group. The 15,000-capacity venue hosts more than 170 shows a year and welcomes more than a million fans, reinforcing Santiago’s position as a key touring hub.

Working closely with BeLive’s local leadership, Live Nation will focus on “improving the fan experience, strengthening production capabilities, and expanding opportunities” for local and international acts. The venue’s identity and deep local…

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