Live Nation's Artist Nation Division Redefines the Music Industry With Unified Rights Model

Los Angeles (ots/PRNewswire) -

Live Nation President and Chief Executive Officer, Michael Rapino
announced today the structure behind its Artist Nation division. The
new division was formed to partner with artists to manage their
diverse rights, grow their fan bases and provide a direct connection
to fans through the global distribution platform and marketing
proficiencies that have made Live Nation the world's largest live
music company. Artist Nation will service the company's 10-year
partnership with Madonna.

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Comprised of recorded music, merchandise, artist fan site/artist
ticketing, broadcast/digital media rights, sponsorship and marketing
divisions, Artist Nation is led by its Chairman and Chief Executive
Officer Michael Cohl.

Mr. Cohl commented, "Artist Nation works for the direct benefit of
the artist to better market their music across all their diverse
businesses to extend their fan base. Our company can leverage Live
Nation's many assets in order to help artists reach their fullest
potential and deliver the ultimate experience to the fan. This is
really an extension of the work we have already been doing with the
Rolling Stones, U2 and many other bands over the years. In order to
execute this, Artist Nation has put together a superstar team in
every area of the music chain."

At the heart of the Artist Nation model are Live Nation's deep
relationships within the industry and its global distribution and
marketing platform which provides artists with access to hundreds of
seasoned marketing, promotion and production personnel and a team of
nearly 200 national and local sponsorship employees. The Company is
strategically positioned in more than 80 offices in 18 countries
around the world, with over 160 venues, all servicing the 35 million
fans that attend Live Nation shows each year.

Through corporate alliances, direct marketing, mobile telephone
partnerships, online activities, fan websites and innumerable other
powerful tools, such as a growing ticket component and a growing
database of over 25 million fans, Artist Nation is well positioned to
exploit Live Nation resources and build a better relationship between
artists and their fans.

Artist Nation, headquartered in Miami, Florida, has a streamlined
infrastructure in place to execute on these additional revenue
streams. In total, Artist Nation currently has over 300 employees
around the world and relationships with more than 500 artists. As the
Artist Nation division continues to grow, its infrastructure will be
supplemented to provide artists with the best service possible while
maintaining an efficient cost structure.

By itself the new Madonna partnership is expected to generate a
financially sound return for Madonna and for Live Nation
shareholders, as the partners work together over the next ten years
to unlock the value of the "Madonna Music Business." In addition,
Live Nation believes the return will be enhanced as it expects the
Madonna partnership to attract other artists to Artist Nation and
accelerate growth.

Artist Nation's divisions are comprised of:
-- RECORDED MUSIC: Artist Nation's recorded music division serves in the
creation, production, marketing, promotion, sales and distribution of
artists' recorded rights.
-- MERCHANDISE: Artist Nation's merchandise division includes creative,
product development, sourcing, licensing, marketing and fulfillment
services under three brands:
-- Anthill Trading is a global merchandising company, representing
some of the most prestigious icons and trademarked properties in
music, entertainment and lifestyle. Anthill has relationships with
over 50 artists, including names such as AC/DC, Il Divo, Neil
Young, Pink Floyd, John Legend, Pearl Jam, Nelly Furtado, The
Police, The Rolling Stones, Run DMC, The Wu Tang Clan, and Frank
Zappa.
-- TRUNK, Ltd. is a specialty merchandise company that acquires
licenses primarily from music artists to design, manufacture and
sell authentic, limited edition apparel and accessories for men,
women and children through various distribution channels. TRUNK
has relationships with over 100 music artists.
-- Musictoday is the official online store for over 500 artists and
athletes, including Dave Matthews Band, Elvis Presley, and the
Rolling Stones.
-- ARTIST FAN SITES AND ARTIST TICKETING: Artist Nation's online division
provides more than 500 artists with fan club and website services and
artist fan ticketing products.
-- Ultrastar is the official artist website and fan club for over
20 artists including the Rolling Stones, The Police, Red Hot Chili
Peppers and Genesis. Ultrastar also produces and syndicates
original video content through its Virtual Ticket solution
delivering content to online video and exclusive DVD's. The
company also has full service marketing capabilities to integrate
and manage an artist's entire online presence through contests,
partnerships, affiliate marketing, social networking and grass
roots outreach.
-- Musictoday executes fan club ticketing for over 500 artists,
festivals and venues and also manages 25 fan websites for artists
such as John Mayer, Dave Matthews Band, Kenny Chesney, and Celine
Dion.
-- BROADCAST/DIGITAL MEDIA RIGHTS: Artist Nation's broadcast/digital
media rights division provides artists means to produce and distribute
live music audiovisual products.
-- Studios: Studios provides artists with seamless, integrated means
to produce and distribute live music audiovisual products. Studios
has produced more than 1,000 recordings, pioneering the delivery
of live concerts to 3G mobile phones in the U.S., helping artists
sell more than 250,000 CDs and digital downloads to date and
producing over 200 shows annually.
-- Media Rights: Media Rights develops and contracts media rights in
all forms of distribution, including television, home video,
internet, mobile, radio, digital cinema and other emerging
channels. Recent projects include DVD's for the Rolling Stones,
Mariah Carey and Barbra Streisand, and documentaries for Pete
Seeger and Harry Belafonte.
-- SPONSORSHIP AND MARKETING: Artist Nation's alliances group offers
music marketing and sponsorship opportunities that provide
unparalleled access to the overall music experience through long term
partnership programs. Artist Nation also works with Live Nation's
local and national sponsorship groups that employ over 200 sales
professionals. In addition, Artist Nation's Tour Design division
provides audio and visual production, post production, international
design and development, graphic design, and marketing creative
services.

ABOUT LIVE NATION:

Live Nation is the future of the music business. With the most
live concerts, music venues and festivals in the world and the most
comprehensive concert search engine on the web, Live Nation is
revolutionizing the music industry: onstage and online. Headquartered
in Los Angeles, California, Live Nation is listed on the New York
Stock Exchange, trading under the symbol "LYV." Additional
information about the company can be found at
http://www.livenation.com under the "About Us" section.

Portions of this release may contain forward-looking statements
regarding future events and are subject to risks and uncertainties.
Such statements include, but are not limited to, statements regarding
anticipated higher margins and revenues, new revenue streams and
growth opportunities, the anticipated financial return associated
with the Madonna transaction and the expectation that such
transaction will attract additional artists to Artist Nation. Live
Nation wishes to caution you that there are some factors that could
cause actual results to differ materially from any future results,
performance or achievements expressed or implied by such
forward-looking statements, including but not limited to difficulties
in luring other artists away from more traditional contract
structures, operational challenges in achieving strategic objectives
and the risk that our markets do not evolve as anticipated. Live
Nation refers you to the documents it files from time to time with
the U.S. Securities and Exchange Commission, specifically the section
titled "Item 1A. Risk Factors" of Live Nation's most recent Annual
Report filed on Form 10-K, which contains and identifies other
important factors that could cause actual results to differ
materially from those contained in our projections or forward-looking
statements. Stockholders and other readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only
as of the date on which they are made. We undertake no obligation to
update publicly or revise any forward-looking statements.

Web site: http://www.livenation.com

ots Originaltext: Live Nation
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Contact:
John Vlautin of Live Nation, +1-310-867-7127,
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