Live Nation says São Paulo Arena will be Brazil's first purpose-built arena designed to the standards of the world's premier live entertainment venues.
Moreira joins with more than 16 years of experience in the music industry, including roles at Sony Music and Warner Music in Brazil and internationally.
The Argentine-Venezuelan singer filed suit in both the US and Venezuela, alleging that UMG is claiming to own five albums he recorded from 1986 to 1992.