09 May '11, 8pm

Groupon, Live Nation to offer ticket deals

Groupon, Live Nation to offer ticket deals

WASHINGTON: US online coupon giant Groupon and Live Nation Entertainment announced Monday that they were teaming up to offer discount tickets to concerts, theatre and other live events. The joint venture, GrouponLive, will be launched in time for the summer concert season, Groupon and Live Nation Entertainment said in a statement. Financial terms were not disclosed. "With unprecedented access to Live Nation's expansive roster of performers and events, GrouponLive will be the destination for exclusive live event deals," Groupon founder and chief executive Andrew Mason said. Michael Rapino, president and chief executive of Ticketmaster owner Live Nation, said GrouponLive "represents a new channel to drive value for fans, while helping artists and others to reach ever larger audiences. "By adding this channel to our ticketing platform, we will also provide our venue partners ...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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