Live Nation acquires New Zealand’s Team Event

Live Nation has announced the acquisition of Team Event, the producer behind New Zealand’s largest two-day music festival Electric Avenue.

Since 2015, Christchurch-based Electric Avenue has welcomed 40,000-strong crowds for headliners including Lorde, The Chemical Brothers, Flume and The Prodigy, with future plans for venue and capacity expansion.

“This partnership with Live Nation is an incredible opportunity to secure the long-term future of our business,” says Team Event director Callam Mitchell. “Access to talent and the expertise from such a…

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