Live Nation Moves Into South Korea - Noise11.com
Live Nation

Live Nation

Live Nation Moves Into South Korea

by Paul Cashmere on December 21, 2011

in News,Noise Pro

The world’s biggest touring company Live Nation has launched in South Korea.

Live Nation

Live Nation

South Korea is the 13th largest economy in the world, the 12th biggest music market on the planet and 3rd largest music market in Asia.

The countries music tastes revolve largely around what is called K-Pop but the brand of music is spreading across Asian countries.

Live Nation Far East will be a fully owned subsidiary of Live Nation.

“We see great opportunity for concerts around the world and our move into South Korea represents another step in the growth of this business,” stated Michael Rapino , President and Chief Executive Officer of Live Nation Entertainment. “Our strategy is to continue our international expansion into under penetrated regions and identify new markets to deliver our unique live experience product.”

“With a growing interest from international artists to perform in South Korea , this is a natural step for us to be able to serve artists and fans better in Korea,” said Alan Ridgeway , President of Live Nation International and Emerging Markets. “We also have plans to work with Korean artists both in Korea and internationally to meet the expanding demand around the world for the K-Pop phenomenon.”

“Live Nation Korea will further enhance the touring opportunity for both international and local artists in the Asia region,” says Mats Brandt , President of Live Nation Far East. “Live Nation Korea will, together with our existing offices in Hong Kong , Singapore and Beijing, expand Live Nation’s network and capabilities in the region.”

Comments

comments

Related Posts

Australian Festival Conference
The Australian Festival Industry Conference Is Back And Bigger Than Ever

The Australian Festival Industry Conference (AFIC) is back in 2020 for three days of festival management workshops.

January 13, 2020
Mark Seymour - Photo By Ros O'Gorman
Hunters & Collectors Win Helpmann Award

Hunters & Collectors have picked up a Helpmann Award for Best Australian Contemporary Concert at the Helpmann’s event in Sydney on Monday night.

August 18, 2014
WAM, Noise11, Photo
WAM Festival Set For November

The West Australian Music (WAM) Festival will be held from November 6 to 8 in Perth, Western Australia.

August 16, 2014
SXSWV2V, Photo, Noise11
SXSW To Hold V2V Event In Las Vegas In August

SXSW has announced its first V2V conference in Las Vegas in August. V2V is about connecting content developers with Venture Capital thought leaders. SXSW V2V will also feature artist showcases.

June 29, 2013
Kylie Minogue, Image, Ros O'Gorman
Kylie Minogue To Receive JC Williamson Award

Kylie Minogue has been named as the recipient of the 2013 JC Williamson Award.

June 28, 2013
Robin Thicke Blurred Lines
ARIA Midweek Report: Robin Thicke Heads For 8th Week On Top

Robin Thicke looks set to keep his “Blurred Lines” at No.1 for an eighth week in Australia this coming weekend.

June 26, 2013
3RRR
Federal Government Funds Community Radio $6m

The Federal Government has announced an addition $6 million will be funnelled into funding for community radio stations across Australia.

June 26, 2013