Live Nation Entertainment 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. The 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.”
This year Live Nation Baltics is on the bill for major concerts featuring Robbie Williams and Depeche Mode, among others.
USA, Beverly Hills, CA & Estonia, Tallinn
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