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Posted by | Jan 24, 2006 | General
LIVE NATION TO MANAGE WEMBLEY ARENA FOR 15 YEARS
Live Nation (NYSE: LYV) has signed a 15-year agreement to manage and promote Wembley Arena in London. Live Nation subsidiary, Hamsard, brokered the deal with developer, Wembley London Limited, a subsidiary of Quintain Estates and Development PLC. The announcement coincides with the arena's extensive $60 million refurbishment. Wembley Arena will re-open in April. Historically, the venue hosts more than 200 concerts and events annually....