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Arrangement has come to light as part of the DOJ's investigation into bid-rigging allegations against OVG CEO Tim Leiweke

Live Nation is also proposing expanding artist control of ticket resales and stricter enforcement of the BOTS Act from 2016.

The investment in 18 venues across the US is expected to generate $2.9 billion in economic activity

Saymon Diaz, Founder & CEO of SD Concerts, will continue to lead the business

Grenell was recently appointed by Donald Trump as President of the John F. Kennedy Center

The concert giant's strategy of building high-quality venues in underserved markets has taken another step forward

Prosecutors are weighing bringing charges against Live Nation and CEO Michael Rapino, Bloomberg reported

Live Nation CFO Joe Berchtold talks about pricing, facing a potential economic slowdown, and fixing the company's public relations headaches

Currency fluctuations, non-concert activities and the effort to optimize ticket prices dragged down Live Nation's earnings

HIP is one of the largest concert promoters in Japan

It comes as Live Nation continues to face an antitrust lawsuit brought by the US Department of Justice and numerous state attorneys general

Federal Judge Arun Subramanian upheld US states’ standing to seek damages on behalf of consumers.

Breakr has secured a strategic minority investment from Live Nation Urban

The live events and ticketing company is stepping up rollout of its own operated venues this year

"We've been working with all three of them, trying to find a model that may work for us and them," said Live Nation boss on Q4 earnings call