Live Nation Entertainment (NYSE: LYV), the world's leading live entertainment company, is expanding its presence in South America by acquiring a stake in Rock in Rio, which in 2017 was the 2nd highest grossing festival in all of the world, as well as the largest music festival in South America, attended by more than 700,000 fans from 62 different countries.
Live Nation Spain, a Live Nation Entertainment, Inc. company, today announced they have entered into an agreement with Portuguese promoters Ritmos e Blues and Better World to promote shows in Portugal.