LOS ANGELES, Jan. 15, 2015 /PRNewswire/ -- Live Nation
Entertainment, Inc. (NYSE: LYV) and BEC-TERO Entertainment Public
Co Ltd today announced that they are forming a new company—Live
Nation BEC-Tero Limited—to promote international concerts in
Thailand.
Live Nation BEC-Tero will be led by Neil
Thompson, who has spent over 22 years working in the music
industry in Thailand. In addition
to promoting concerts and festivals by Western artists, this joint
venture will also bring regional acts to Thailand, including the leading K-Pop and
J-Pop acts.
BEC-Tero Entertainment is the leading entertainment company in
Thailand, the primary promoter of
concerts in Thailand and has
divisions operating in TV, radio, music, sports, family events,
theater and exhibitions. BEC-Tero also runs Thailand's largest ticketing company,
Thaiticketmajor, as well as Qikplay.com, an online music retail and
merchandising store.
Michael Rapino, Live Nation
Entertainment president and CEO, said: "This represents another
important step in increasing Live Nation's global presence and
ensuring we can offer fans, artists and sponsors a seamless service
across the world."
Alan Ridgeway, Live Nation
president of international & emerging markets, said:
"Thailand has been one of the
strongest concert markets in Asia
for a long time and it is a pleasure to welcome to the Live Nation
Asia team Brian Marcar and
Neil Thompson, the two people who
have been responsible for putting Thailand on the touring map."
Brian Marcar, director and
shareholder of BEC-Tero, said: "BEC-Tero has long been a leader in
entertainment in Thailand and
joining with Live Nation, which has an immense portfolio of
artists, festivals and international tours, will offer great growth
opportunities."
Neil Thompson said: "I have
worked with Live Nation for a number of years on tours such as Lady
Gaga's Born This Way Ball tour and Sting's Sacred Love tour, and am
now looking forward to working more closely with the full Live
Nation team to bring more concerts to Thai music fans."
Upcoming shows for Live Nation BEC-Tero include Avenged
Sevenfold (Jan. 20), Michael Buble (Jan.
24) and One Direction (March
14).
Live Nation operates across 10 countries in Asia and now has offices in China, Hong
Kong, Indonesia,
Japan, Philippines, Singapore, South
Korea, Taiwan and
Thailand.
About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world's leading live
entertainment company comprised of four market leaders:
Ticketmaster, Live Nation Concerts, Artist Nation Management and
Live Nation Media/Sponsorship. For additional information, visit
www.livenationentertainment.com.
Follow us @twitter.com/LiveNationInc
About BEC-Tero Entertainment
BEC-Tero Entertainment Public Company Limited was founded on
27 March 1988, and is a joint venture
between BEC World Public Company Limited (SET: BEC) and Mr
Brian L. Marcar. For
additional information, visit www.bectero.com/en/about .
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SOURCE Live Nation Entertainment