Live Nation Acquires Australian Promoter Michael Coppel Presents
April 4, 2012 at 3:49 PM (PT)
LIVE NATION ENTERTAINMENT has acquired MICHAEL COPPEL PRESENTS, one of the leading promoters in AUSTRALIA and NEW ZEALAND. The company will be merged with LIVE NATION interests in AUSTRALIA and NEW ZEALAND, led by LUKE HEDE and ROGER FIELD, and be renamed LIVE NATION AUSTRALASIA.
MICHAEL COPPEL will lead the business as Pres./CEO, with LUKE and ROGER continuing as VP/Promotions.
"We have worked with MICHAEL COPPEL on a number of tours over the years and are now extremely pleased to be welcoming such a well respected and successful promoter into our international network," LIVE NATION Pres./CEO MICHAEL RAPINO said. "AUSTRALIA is the 6th largest music market in the World and an increasingly important touring market for international artists. It represents a significant part of our opportunity for international growth."
"I am delighted to be joining LIVE NATION and look forward to working with LUKE, ROGER and my current team, together with the touring teams in LOS ANGELES and LONDON to firmly establish LIVE NATION as the leading promoter in AUSTRALIA and NEW ZEALAND," COPPEL said.