Live Nation to Open Office in Moscow

                     Live Nation to Open Office in Moscow

  PR Newswire

  LOS ANGELES, December 3, 2012

LOS ANGELES, December 3, 2012 /PRNewswire/ --

Live Nation Entertainment, Inc. (NYSE: LYV) today announced that it will be
expanding operations into Russia and the Ukraine, a territory with a combined
population of over 200 million.

Tim McWilliams, currently Vice President of European Tour Operations for Live
Nation Global Touring, has been named Managing Director, Live Nation Russia
and Ukraine, which will be opening an office in Moscow in the New Year.

"Establishing an office in Russia is the next step in our global expansion,"
said Michael Rapino, CEO of Live Nation Entertainment. "Russia and nearby
markets have become an important part of our global tours in recent years, and
by establishing a local presence we can rapidly scale our concerts for over
200 million fans."

Alan Ridgeway, Live Nation President of International & Emerging Markets,
said: "Due to the volume of live events that are already taking place in
Russia and the Ukraine and the enormous growth potential, we wanted to
establish a team to focus specifically on Live Nation's interests in the
region. Tim has gained a wealth of knowledge from working with our Global
Touring team, and not only has he worked producing high profile events around
the world, but his extensive experience in Russia and the Ukraine makes him a
perfect fit to direct Live Nation's business in the region."

Tim McWilliams, Managing Director, Live Nation Russia and Ukraine said:
"Russia and the Ukraine are markets that deserve our attention and focus. We
have learned this through our experiences over the years with artists such as
Madonna, Lady Gaga, U2, Shakira and many others. We currently have a solid
pipeline of business that goes through the region and this move will only
strengthen our position. I am looking forward to working with both our
existing and new partners as we develop and expand the company's presence in
the region."

Upcoming and recent events promoted by Live Nation in Russia include Sting
(Krasnodar November 23 and Rostov-on-Don November 24) and Lady Gaga (St
PetersburgDecember 9 and MoscowDecember 12). Full details of these and all
other shows can be found on .

About Live Nation Entertainment:

Live Nation Entertainment is the world's leading live entertainment and
ecommerce company, comprised of four market leaders: , Live
Nation Concerts, Front Line Management Group and Live Nation Network. is the global event ticketing leader and one of the world's
top five ecommerce sites, with almost 27 million monthly unique visitors.Live
Nation Concertsproduces over 22,000 shows annually for more than 2,300
artists globally.Front Line is the world's top artist management company,
representing over 250 artists.These businesses power Live Nation Network, the
leading provider of entertainment marketing solutions, enabling nearly 800
advertisers to tap into the 200 million consumers Live Nation delivers
annually through its live event and digital platforms. For additional
information, visit .

Contact: Investor Contact: Maili Bergman, +1-310-867-7000,
Media Contact: Katie White, +44(0)207-344-4000,
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