Live Nation Entertainment Names Greg Maffei Chairman Of The Board
LOS ANGELES, March 14, 2013
LOS ANGELES, March 14, 2013 /PRNewswire/ -- The Board of Directors of Live
Nation Entertainment (NYSE: LYV) has appointed Greg Maffei as the
non-executive Chairman of the Board. Mr. Maffei is President and Chief
Executive Officer of Liberty Media Corporation and has served on the Live
Nation Board of Directors since February of 2011.
"Greg brings years of experience and business acumen that will continue to be
a valuable asset as our team executes on the three-year plan, driving
profitability and shareholder value," said Michael Rapino, President and Chief
Executive Officer of Live Nation.
"Michael and his team have made Live Nation the most pervasive brand in live
entertainment. I look forward to further collaboration with Michael and my
fellow board members," said Mr. Maffei.
Mr. Maffei joined Liberty Media as CEO-elect in November 2005 and became CEO
in February 2006. Mr. Maffei has also served as President and Chief Executive
Officer of Liberty Interactive since May 2007. Previously, he has served as
President and Chief Financial Officer of Oracle, Chairman and Chief Executive
Officer of 360networks and Chief Financial Officer of Microsoft.
About Live Nation Entertainment:
Live Nation Entertainment is the world's leading live entertainment and
ecommerce company, comprised of four market leaders: Ticketmaster.com, Live
Nation Concerts, Artist Nation and Live Nation Network. Ticketmaster.com is
the global event ticketing leader and one of the world's top five ecommerce
sites, with a database of over 119 million fans who visit our sites.Live
Nation Concertsproduces over 22,000 shows annually for more than 2,300
artists globally.Artist Nation is the world's top artist management company,
representing over 200 artists.These businesses power Live Nation Network, the
leading provider of entertainment marketing solutions, enabling nearly 800
advertisers to tap into the 250 million consumers Live Nation delivers
annually through its live event and digital platforms. For additional
Follow us @twitter.com/LiveNationInc
SOURCE Live Nation Entertainment
Contact: Investors, Maili Bergman, +1-310-867-7000, IR@livenation.com, or
Media, Jacqueline Peterson, +1-310-360-3051, firstname.lastname@example.org
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