LiveStyle out as Live Nation acquires Rock in Rio
Live Nation makes it six acquisitions in under five months with the purchase of a majority stake in South America's biggest music festival
News By | 2 May 2018
Less than nine months after opening its first dedicated Brazilian office, Live Nation has grown its presence in the South American festival market by acquiring a stake in Rock in Rio promoter Rock City.
Rock in Rio, established by Roberto Medina in 1985, is the largest festival in South America, as well as the second highest-grossing in the world, welcoming more than 700,000 attendees from 62 countries in 2017. Rock City also operates a sister event in Lisbon, and formerly…
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