Live Nation Entertainment Acquires Majority Stake in BDG Music

        Live Nation Entertainment Acquires Majority Stake in BDG Music

PR Newswire

TALLINN, Estonia, June 19, 2013

TALLINN, Estonia, June 19, 2013 /PRNewswire/ -- Live Nation Entertainment, the
world's leading live entertainment company, has acquired a majority stake in
BDG Music Group, the Baltic region's largest concert promotion company. 

Since early 2012, BDG Music has produced more than 50 shows in the Baltics and
sold more than 200,000 tickets. The group will retain its current management
team, although upon completion of the deal, it will be renamed Live Nation
Baltics. Full terms of the deal were not disclosed.

Michael Rapino, President and Chief Executive Officer of Live Nation
Entertainment, said: "With this acquisition we now have operations in 43
countries. This further demonstrates our ongoing commitment to expanding our
global footprint, which enables us to bring live entertainment to even more
fans around the world."

Thomas Johansson, Chairman of International Music of Live Nation
Entertainment, commented: "We are delighted to welcome BDG into the Live
Nation family. BDG's extensive network in Estonia and Lithuania will
strengthen our position in Eastern and Central Europe and will offer our
artists a full run around the Baltic Sea."

Peeter Rebane, one of the founders of BDG Music, said: "BDG has more than 18
years' experience in the business of creating unique shows and events for the
public and providing superior entertainment-related services. Being part of
the world's leading entertainment company will create even better
opportunities for local music fans to see world class concerts in future."

This year Live Nation Baltics is on the bill for major concerts featuring
Robbie Williams and Depeche Mode, among others.

About Live Nation Entertainment:

Live Nation Entertainment (NYSE: LYV) is the world's leading live
entertainment company comprised of four market leaders:, Live
Nation Concerts, Artist Nation Management and Live Nation Media/Sponsorship.
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SOURCE Live Nation Entertainment

Contact: Investors, Maili Bergman, 310.867.7000,, or Media,
Jacqueline Peterson, 310.360.3051,
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