Live Nation Entertainment (11/25/24)
Live Nation has agreed to purchase a controlling interest in Lisbon's MEO Arena for an undisclosed sum. This marks a major investment in Portugal by the live entertainment company, highlighting its commitment to enhancing the nation's live entertainment scene with more local and international performances. With a seating capacity of approximately 20,000, MEO Arena ranks as Portugal's premier indoor venue and among Europe's largest. Since opening in 1998 it has hosted such global stars as Adele and Harry Styles. Renovations are planned to upgrade everything from the venues premium seating and skyboxes to its dressing rooms and concessions. Live Nation also plans to build on MEO Arena's sustainability efforts, with a focus on increasing social benefits in line with its Green Nation pledges.
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