Live Nation Continues Global Expansion As Bruce Moran is Named President of New Latin American Division

Live Nation Continues Global Expansion As Bruce Moran is Named President of New Latin American Division

LOS ANGELES, July 26 /PRNewswire-FirstCall/ -- Live Nation (NYSE:LYV), the world's largest live music company, announced today that it has named Bruce Moran President of the company's newly formed Latin American Division effective immediately. In his new role Mr. Moran will oversee Live Nation's business development in Latin America with a special focus on Mexico and Brazil, which are respectively the 12th and 13th ranked music markets globally. Mr. Moran most recently served as President of Live Nation New York.

"The creation of such an important leadership position to oversee Live Nation's Latin American activities is indicative of how significant we feel that this part of the business is to our future," said Live Nation Chief Executive Officer, Michael Rapino. "Over the years Bruce has promoted some of the biggest artists in the world in Latin America and I am pleased that he has agreed to take on this important new role at the company."

Prior to joining Live Nation in June of last year, Mr. Moran was the Chief Executive Officer of OCESA Presents/CIE USA Entertainment. During the twelve years he spent with the company, Mr. Moran was personally responsible for the establishment of Mexico as the most active concert market in Latin America by booking and producing shows for such artists as U2, The Rolling Stones, Paul McCartney, Metallica, Madonna, Pink Floyd and many more. Under his leadership the company was named POLLSTAR Magazine's International Promoter of the Year 2002 and was again nominated in 2003 and 2005. Prior to his tenure at OCESA Presents/CIE, he was Vice President of Music for Madison Square Garden. He also served as a talent agent at ICM and early in his career as a Talent Buyer for Monarch Entertainment Bureau.

About Live Nation

Live Nation is the world's largest live music company. Our mission is to inspire passion for live music around the world. We are the largest promoter of live concerts in the world, the second-largest entertainment venue management company and have a rapidly growing online presence. We create superior experiences for artists and fans, regularly producing tours for the biggest superstars in the business, including The Rolling Stones, The Police, Madonna, U2 and Coldplay. Globally, we own, operate, have booking rights for and/or have an equity interest in more than 160 venues, including House of Blues(R) and Fillmore(R) music venues and prestigious locations such as Nikon at Jones Beach in New York and London's Wembley Arena. Our websites collectively are the second most popular entertainment/event websites in the United States, according to Nielsen//NetRatings. In addition, we also produce, promote or host theatrical, specialized motor sports and other live entertainment events. In 2006, we connected nearly 60 million fans with their favorite performers at approximately 26,000 events in 18 countries around the world. Headquartered in Los Angeles, California, Live Nation is listed on the New York Stock Exchange, trading under the symbol "LYV."

Source: Live Nation

CONTACT: John Vlautin of Live Nation, +1-310-867-7127,
johnvlautin@livenation.com

Web site:

http://www.livenation.com/

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