Live Nation bolsters festival portfolio

Live Nation has acquired a controlling interest in the Main Square Festival in France, which takes its global portfolio of festivals to 30.

Live Nation has acquired a controlling interest in the Main Square Festival in France, which takes its global portfolio of festivals to 30.

Launched by France Leduc in 2006, the first Main Square Festival drew 25,000 people a day for three days, while this year The Chemical Brothers and Radiohead both headlined.

The acquisition also includes other events organised by France Leduc on the Unesco World Heritage site, which this year will include the Rock En France festival.

Live Nation International Music CEO Alan Ridgeway said: Our festivals are a significant driver of our international business and the acquisition of the Main Square Festival marks our first step in building world-leading festivals in France, which is the fifth largest music market in the world.

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