LOS ANGELES, April 17, 2014 /PRNewswire/ -- Live Nation
Entertainment, Inc. (NYSE: LYV) today announced that it has
acquired Creativeman's minority stake in Live Nation Japan,
resulting in Live Nation Entertainment assuming full
ownership.
Live Nation Japan was established in early 2012 and since then
the company has promoted sell out concerts by a variety of
international, regional and Japanese acts such as Lady Gaga,
Nickelback, Infinite and Jin Akanishi. The company, led by
Frank Takeshita, has also
successfully exported Japanese acts such as Perfume, Vamps and Taro
Hakase to North America and
Europe. Live Nation Japan's
next major show is Lady Gaga's artRAVE: the ARTPOP ball on
Aug. 13 at Tokyo's QVC Marine Field.
Alan Ridgeway, Live Nation
Entertainment president of international and emerging markets,
said: "As we continue to expand our global network, we wanted to
assume full ownership of Live Nation Japan. Although we still
expect to work together on some projects, this allows Live Nation
to pursue our own interests and work with a variety of
partners."
Frank Takeshita, who has 25 years
experience in the music industry at Warner Music, Zomba/Jive, BMG,
JVC and latterly Creativeman, has given up his remaining
responsibilities at Creativeman and taken on the full time role of
managing director of Live Nation Japan.
About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world's leading
live entertainment company comprised of four market leaders:
Ticketmaster, Live Nation Concerts, Artist Nation Management and
Live Nation Media/Sponsorship. For additional information, visit
www.livenationentertainment.com.
Follow us @twitter.com/LiveNationInc
SOURCE Live Nation