LOS ANGELES, March 6, 2012 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment and eCommerce company, has acquired Setlist.fm, a ground-breaking, vibrant community of active music fans who collect and share concert set lists online. Setlist.fm will create a richer, more interactive fan experience within the Live Nation community.
Setlist.fm has built a database of more than 400,000 set lists for 24,000 artists in more than 70,000 venues around the world and reaches more than 1.5 million music fans each month. This one-of-a-kind archive spans decades of live music history, from the 1950s to last night's concerts from around the world.
"Setlist.fm built a great product for concert fans and we will further elevate this by incorporating it into Live Nation's global portfolio across mobile, apps and online," said Michael Rapino, CEO of Live Nation Entertainment. "Setlist.fm fits perfectly with our goal of providing fans an engaging experience that extends the fun and excitement of the live concert before, during and after the show."
"Live Nation has demonstrated great appreciation for Setlist.fm and our passionate community," said Alexa Wildhaber, CEO of Setlist.fm. "We are thrilled that Setlist.fm will become a part of the world's largest live entertainment company."About Live Nation Entertainment: Live Nation Entertainment is the world's leading live entertainment and ecommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network. Ticketmaster.com is the global event ticketing leader and one of the world's top five ecommerce sites, with almost 27 million monthly unique visitors. Live Nation Concerts produces over 22,000 shows annually for more than 2,300 artists globally. Front Line is the world's top artist management company, representing over 250 artists. These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms. For additional information, visit www.livenation.com/investors SOURCE Live Nation
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