Live Nation
        Company Profile
             2009

The World’s Largest Concert Company
Live Nation
Our Company
Live Nation is the largest producer of live
concerts in the world, annually producing
over 22,000 concerts for 1,600 artists in 33
countries.
• We're the most passionate and significant company
  in live music and are committed to serving our artists,
  the fans, our sponsors and our shareholders.

• To artists, Live Nation is the most capable,
  respected and trusted partner in the live music
  industry. We deliver an unparalleled global platform
  that maximizes the artist's ability to perform and
  connect with their fans.

• To the fans, Live Nation strives to connect the fan
  with their favorite artist before, during and after the
  show.

• To our employees, Live Nation is a fun and dynamic
  place to work where the reward is driven by the
  satisfaction of access to the best live music
  experiences in the world.
                                                            2
Live Nation
Mission




                          To maximize the live concert
              Our Core     experience and sell every
              Purpose      ticket




                                                          3
A Passion For
  Music
   • Music elicits a visceral response in all of us                                            • 45% of young adults
   • Music reminds us of relationships, good times                                               would give up food for
     with friends, a particular point in time                                                    a day rather than music
   • Music inspires us and ignites our imagination
                                                                                               • 85% of adults listen to
   • Music is an expression of identity
                                                                                                 music for an average of
   • Music is immediate gratification                                                            3 ½ hours everyday
   • Music is attitude and action, both a physical
     and emotional release                                                                     • 64% of consumers say
   • Music represents modern diversity – many                                                    live music is their
     genres are enjoyed by all, regardless of who                                                favorite way to
     or where they are                                                                           experience music


Source: Live Nation Research; Odyssey; Simmons Teens/Adults Study; RIAA Consumer Trends
Study; MTV Research; Simmons NCS Adult Study; Pew Internet & American Life Project; 12 Month
Release                                                                                                                    4
The Growth of
 Music Marketing
             Spending on music tours, concert series, festivals, venues and other music-
                    related properties is expected to total $1.08 billion in 2009.

           $1 Billion                                       $1      $1.04     $1.08
                                                          Billion   Billion   Billion
                                                 $867
           $750 Million                $754     Million
                                      Million

           $500 Million



            $250 Million



                                       2005      2006     2007       2008      2009
Source: IEG Sponsorship Report 2009                                                        5
Live Nation
Concerts
 Live Nation produces and promotes
 over 22,000 concerts globally each
 year featuring a diversity of artists
 ranging from hot new emerging talent
 to international superstars!

 •   Pop                •   R&B
 •   Rock               •   Country
 •   Urban              •   Latin
 •   Hip Hop            •   International
 •   Alternative

                   •   22,000+ Concerts
                   •   30+ North American Music Tours
                   •   5 – 7 Global Tours
                   •   1,600+ Artists



                                                        6
Live Nation
 Fans
                                                                                           “I love to feel the energy of the
  Over 52 million tweens, teens and adults                                                 crowd and dance. If you were
  attend Live Nation music events each                                                     the only one there, would you be
                                                                                           yelling? Probably not, but with
  year around the world.
                                                                                           5K people there, the energy gets
                                                                                           you worked up and you just go
  North America Market                                                                     with it.”
     • Our North American fans total 35 million
                                                                                           –Austin music fan
     • Concert attendees go to 2 – 5 concerts per year
     • 63% say live music is the best form of
       entertainment
     • 83% prefer to attend with friends                                                                   “I love being there in the
                                                                                                       presence of greatness and
                                                                                                     feeling the music throughout
                                                                                                                          my body.”
                                                                                                                    –Nashville music fan


Source: Live Nation 2008 10K; Live Nation National Ticket Tracking; Live Nation Research
Note: Quotes taken from Live Nation U.S. Consumer Segmentation Study
                                                                                                                                       7
Live Nation
Global Live Platform




                       8
Live Nation
Global Live Platform:
Venues
                      The Live Nation venue portfolio provides a diverse range of
                           live music experiences for a variety of audiences.

                                       Live Nation Music Venues




                                                                    30+ Festivals         305 Arenas
                                                 63 Clubs &
 52 Amphitheaters        12 House of Blues                           Worldwide           (Third-Party)
                                                  Theaters
 Large and Boutique      Smaller Music Clubs    Small to Mid-Size   Countries include   Large Size Venues
   Amphitheaters                               Clubs and Theaters   US, UK, Belgium
                                                                      and Holland
     Capacity                 Capacity             Capacity                                  Capacity
  5,000 - 30,000+           1,000 - 2,000        1,000 - 6,500          Capacity          5,000 - 20,000
                                                                    10,000 - 120,000
                                                                                                            9
Live Nation
Global Live Platform:
Amphitheaters

  The ultimate outdoor experience
  of music, sound and fans.


  • 52 Amphitheaters in North America
  • Over 9 million tickets sold
  • 900+ annual shows

  Capacity: 5,000 – 30,000+




                                        10
Live Nation
Global Live Platform:
House of Blues

  House of Blues is one of the premier
  live entertainment brands founded
  with the mission of:
  • Celebrating the diversity and brotherhood
    of world culture
  • Promoting racial and spiritual harmony
    through love, peace, truth, righteousness
    and non-violence

  Nationally recognized brand with
  strong fan connection:                                  HOB CLUBS

  • Aided national awareness: 80%               •   Anaheim     •   Las Vegas
                                                •   Boston      •   Myrtle Beach
  • Unaided national awareness: 57%             •   Chicago     •   New Orleans
                                                •   Cleveland   •   Orlando
                                                •   Dallas      •   San Diego
  Capacity: 1,000 – 2,000                       •   Houston     •   West Hollywood
                                                                                     11
Live Nation
Global Live Platform:
Theaters/Clubs

  • Represents a tradition and history that
    defined rock ‘n roll and shaped the music
    industry

  • Expanding locations, creating new legends
    and moments for fans and artists

  • Live Nation promotes in our 63 Theaters
    and Clubs globally

  Capacity: 1,000 – 6,500                                 FILLMORE CLUBS

                                                •   San Francisco   • Miami
                                                •   Denver          • Charlotte*
                                                •   New York        • Silver Spring*
                                                •   Detroit
                                                                          *Opening Soon

                                                                                          12
Live Nation
Global Live Platform:
International Venues
 In Europe and the UK, Live Nation is
 the largest owner and operator of
 Music venues and Theaters with
 nearly 40 venues.

 • 20 Music venues including Wembley
   Arena, Sheffield Arena, The O2 Dublin and
   12 O2 Academy theaters across the UK
 • 25+ year unrivalled track record working
   with local European authorities
 • International venue support services
   including property and estate
   management, marketing partnerships,
   new media and VIP corporate hospitality

 Capacity: 1,000 – 13,000
                                               13
Live Nation
Global Live Platform:
Festivals

  Live Nation is the largest owner of
  multi-artist music festivals in the
  world.

  • 30+ Festivals Globally

  • Countries include US, UK, Italy,
    Holland, Belgium, France and
    Germany

  • Live Nation operates or participates
    in 12 of the top 20 European
    festivals


                                           14
Live Nation
Ticketing
  Since its launch in 2009, Live Nation
  Ticketing has sold over 5,000,000
  tickets globally through its ticketing
  platforms.

  • Markets launched include U.S.,
    Netherlands, Finland, Sweden,
    Hungary and Poland

  • Artists sold include AC/DC, Coldplay,
    Madonna, No Doubt and Lenny
    Kravitz

  • Innovative select-a-seat functionality,
    cross selling and bundling,
    sponsorship integration and
    promotional tools

                                              15
Live Nation
Online
LiveNation.com
• Launched March 2006 as the premier
  concert search engine and ticketing
  destination

• The Live Nation Online Network owns/
  operates nearly 1,000 event, fan club,
  store and ticketing online properties
  globally
      – 150+ venue pages
      – 700+ online stores
      – 90+ fan clubs
      – 30+ festival sites in 9 countries

• Global fan database of 26 million+

• Over 70 million unique visitors to
  LiveNation.com in 2008

                                            16
Live Nation
Music Sponsorship
Live Nation provides its more than 800
corporate partners with a marketing
platform that leverages the universal
consumer passion point of music.
• Targeted reach based on market and
  audience demographic
• Media exposure via traditional and non-
  traditional channels
• Face-to-face consumer interaction
• Promotional programming leveraged at
  retail or online that offers valuable
  incentives and rewards
• Access to desirable music themed
  content
• Unique hospitality and entertaining
  opportunities for trade incentives
                                            17
Live Nation
Marketing

 Live Nation conducts national,
 regional and local media campaigns
 to promote our live events to music
 fans across the world.

  • Annually spend $187MM in media

  • Approximately 12 billion brand
    impressions per year




                                       18
Live Nation
Artist Services

  Live Nation provides a full range of marketing
  and merchandising solutions to connect with
  music fans before, during and after the show.



                                       Manufacturing and sales of high quality
                                       authentic artist merchandise, VIP fan
                                       services and fan club management

                                       Artist fan clubs, ticket access and artist
                                       merchandise distribution

                                       Advertising and promotional creative
                                       services for our artist partners and tour
                                       managers


                                                                                    19
Live Nation
Global Studios

• 80 Live Nation venues throughout the
  U.S., Canada and Europe have been
  transformed into next generation “wired”
  studios to deliver state of the art live
  content through a variety of distribution
  channels (e.g., TV, online, mobile,
  CD/DVD, radio, on-demand, etc.)


• A world leader in live concert recording
  with more than 250,000 CDs and digital
  downloads sold by over 150 artists
  performing at 950 shows


• Pioneered the delivery of live concert
  programming to 3G mobile phones in
  the U.S. producing over 500 shows

                                              20
Legal
Disclaimer

 CONFIDENTIAL AND PROPRIETARY NATURE OF PROPOSAL: This proposal is proprietary to Live
 Nation and its affiliates (collectively “Live Nation”). Live Nation reserves all rights in such proposal.
 Accordingly Sponsor agrees to protect the confidentiality of all information contained in this document,
 except as may be required by any applicable law, government order or regulation, or by order or decree
 of any court of Competent jurisdiction. Sponsor shall not, without prior written consent of Live Nation,
 publicly divulge, announce or in any manner disclose to any unrelated third party, any information or
 matters revealed herein, or any of the specific terms and conditions of this proposal, and each party
 shall do all such things as are reasonably necessary to prevent any such information from becoming
 known to any party other than the parties to this proposal. Live Nation and Sponsor understand that
 there will be additional details, including but not limited to legal and financial details, which will require
 further negotiation and discussion between the parties. It is understood that Live Nation will not be
 obligated to Sponsor or any other entity until a written agreement approved by Live Nation’s corporate
 office has been executed by both parties.



                                                                                                                  21

Live Nation Company Profile

  • 1.
    Live Nation Company Profile 2009 The World’s Largest Concert Company
  • 2.
    Live Nation Our Company LiveNation is the largest producer of live concerts in the world, annually producing over 22,000 concerts for 1,600 artists in 33 countries. • We're the most passionate and significant company in live music and are committed to serving our artists, the fans, our sponsors and our shareholders. • To artists, Live Nation is the most capable, respected and trusted partner in the live music industry. We deliver an unparalleled global platform that maximizes the artist's ability to perform and connect with their fans. • To the fans, Live Nation strives to connect the fan with their favorite artist before, during and after the show. • To our employees, Live Nation is a fun and dynamic place to work where the reward is driven by the satisfaction of access to the best live music experiences in the world. 2
  • 3.
    Live Nation Mission  To maximize the live concert Our Core experience and sell every Purpose ticket 3
  • 4.
    A Passion For Music • Music elicits a visceral response in all of us • 45% of young adults • Music reminds us of relationships, good times would give up food for with friends, a particular point in time a day rather than music • Music inspires us and ignites our imagination • 85% of adults listen to • Music is an expression of identity music for an average of • Music is immediate gratification 3 ½ hours everyday • Music is attitude and action, both a physical and emotional release • 64% of consumers say • Music represents modern diversity – many live music is their genres are enjoyed by all, regardless of who favorite way to or where they are experience music Source: Live Nation Research; Odyssey; Simmons Teens/Adults Study; RIAA Consumer Trends Study; MTV Research; Simmons NCS Adult Study; Pew Internet & American Life Project; 12 Month Release 4
  • 5.
    The Growth of Music Marketing Spending on music tours, concert series, festivals, venues and other music- related properties is expected to total $1.08 billion in 2009. $1 Billion $1 $1.04 $1.08 Billion Billion Billion $867 $750 Million $754 Million Million $500 Million $250 Million 2005 2006 2007 2008 2009 Source: IEG Sponsorship Report 2009 5
  • 6.
    Live Nation Concerts LiveNation produces and promotes over 22,000 concerts globally each year featuring a diversity of artists ranging from hot new emerging talent to international superstars! • Pop • R&B • Rock • Country • Urban • Latin • Hip Hop • International • Alternative • 22,000+ Concerts • 30+ North American Music Tours • 5 – 7 Global Tours • 1,600+ Artists 6
  • 7.
    Live Nation Fans “I love to feel the energy of the Over 52 million tweens, teens and adults crowd and dance. If you were attend Live Nation music events each the only one there, would you be yelling? Probably not, but with year around the world. 5K people there, the energy gets you worked up and you just go North America Market with it.” • Our North American fans total 35 million –Austin music fan • Concert attendees go to 2 – 5 concerts per year • 63% say live music is the best form of entertainment • 83% prefer to attend with friends “I love being there in the presence of greatness and feeling the music throughout my body.” –Nashville music fan Source: Live Nation 2008 10K; Live Nation National Ticket Tracking; Live Nation Research Note: Quotes taken from Live Nation U.S. Consumer Segmentation Study 7
  • 8.
  • 9.
    Live Nation Global LivePlatform: Venues The Live Nation venue portfolio provides a diverse range of live music experiences for a variety of audiences. Live Nation Music Venues 30+ Festivals 305 Arenas 63 Clubs & 52 Amphitheaters 12 House of Blues Worldwide (Third-Party) Theaters Large and Boutique Smaller Music Clubs Small to Mid-Size Countries include Large Size Venues Amphitheaters Clubs and Theaters US, UK, Belgium and Holland Capacity Capacity Capacity Capacity 5,000 - 30,000+ 1,000 - 2,000 1,000 - 6,500 Capacity 5,000 - 20,000 10,000 - 120,000 9
  • 10.
    Live Nation Global LivePlatform: Amphitheaters The ultimate outdoor experience of music, sound and fans. • 52 Amphitheaters in North America • Over 9 million tickets sold • 900+ annual shows Capacity: 5,000 – 30,000+ 10
  • 11.
    Live Nation Global LivePlatform: House of Blues House of Blues is one of the premier live entertainment brands founded with the mission of: • Celebrating the diversity and brotherhood of world culture • Promoting racial and spiritual harmony through love, peace, truth, righteousness and non-violence Nationally recognized brand with strong fan connection: HOB CLUBS • Aided national awareness: 80% • Anaheim • Las Vegas • Boston • Myrtle Beach • Unaided national awareness: 57% • Chicago • New Orleans • Cleveland • Orlando • Dallas • San Diego Capacity: 1,000 – 2,000 • Houston • West Hollywood 11
  • 12.
    Live Nation Global LivePlatform: Theaters/Clubs • Represents a tradition and history that defined rock ‘n roll and shaped the music industry • Expanding locations, creating new legends and moments for fans and artists • Live Nation promotes in our 63 Theaters and Clubs globally Capacity: 1,000 – 6,500 FILLMORE CLUBS • San Francisco • Miami • Denver • Charlotte* • New York • Silver Spring* • Detroit *Opening Soon 12
  • 13.
    Live Nation Global LivePlatform: International Venues In Europe and the UK, Live Nation is the largest owner and operator of Music venues and Theaters with nearly 40 venues. • 20 Music venues including Wembley Arena, Sheffield Arena, The O2 Dublin and 12 O2 Academy theaters across the UK • 25+ year unrivalled track record working with local European authorities • International venue support services including property and estate management, marketing partnerships, new media and VIP corporate hospitality Capacity: 1,000 – 13,000 13
  • 14.
    Live Nation Global LivePlatform: Festivals Live Nation is the largest owner of multi-artist music festivals in the world. • 30+ Festivals Globally • Countries include US, UK, Italy, Holland, Belgium, France and Germany • Live Nation operates or participates in 12 of the top 20 European festivals 14
  • 15.
    Live Nation Ticketing Since its launch in 2009, Live Nation Ticketing has sold over 5,000,000 tickets globally through its ticketing platforms. • Markets launched include U.S., Netherlands, Finland, Sweden, Hungary and Poland • Artists sold include AC/DC, Coldplay, Madonna, No Doubt and Lenny Kravitz • Innovative select-a-seat functionality, cross selling and bundling, sponsorship integration and promotional tools 15
  • 16.
    Live Nation Online LiveNation.com • LaunchedMarch 2006 as the premier concert search engine and ticketing destination • The Live Nation Online Network owns/ operates nearly 1,000 event, fan club, store and ticketing online properties globally – 150+ venue pages – 700+ online stores – 90+ fan clubs – 30+ festival sites in 9 countries • Global fan database of 26 million+ • Over 70 million unique visitors to LiveNation.com in 2008 16
  • 17.
    Live Nation Music Sponsorship LiveNation provides its more than 800 corporate partners with a marketing platform that leverages the universal consumer passion point of music. • Targeted reach based on market and audience demographic • Media exposure via traditional and non- traditional channels • Face-to-face consumer interaction • Promotional programming leveraged at retail or online that offers valuable incentives and rewards • Access to desirable music themed content • Unique hospitality and entertaining opportunities for trade incentives 17
  • 18.
    Live Nation Marketing LiveNation conducts national, regional and local media campaigns to promote our live events to music fans across the world. • Annually spend $187MM in media • Approximately 12 billion brand impressions per year 18
  • 19.
    Live Nation Artist Services Live Nation provides a full range of marketing and merchandising solutions to connect with music fans before, during and after the show. Manufacturing and sales of high quality authentic artist merchandise, VIP fan services and fan club management Artist fan clubs, ticket access and artist merchandise distribution Advertising and promotional creative services for our artist partners and tour managers 19
  • 20.
    Live Nation Global Studios •80 Live Nation venues throughout the U.S., Canada and Europe have been transformed into next generation “wired” studios to deliver state of the art live content through a variety of distribution channels (e.g., TV, online, mobile, CD/DVD, radio, on-demand, etc.) • A world leader in live concert recording with more than 250,000 CDs and digital downloads sold by over 150 artists performing at 950 shows • Pioneered the delivery of live concert programming to 3G mobile phones in the U.S. producing over 500 shows 20
  • 21.
    Legal Disclaimer CONFIDENTIAL ANDPROPRIETARY NATURE OF PROPOSAL: This proposal is proprietary to Live Nation and its affiliates (collectively “Live Nation”). Live Nation reserves all rights in such proposal. Accordingly Sponsor agrees to protect the confidentiality of all information contained in this document, except as may be required by any applicable law, government order or regulation, or by order or decree of any court of Competent jurisdiction. Sponsor shall not, without prior written consent of Live Nation, publicly divulge, announce or in any manner disclose to any unrelated third party, any information or matters revealed herein, or any of the specific terms and conditions of this proposal, and each party shall do all such things as are reasonably necessary to prevent any such information from becoming known to any party other than the parties to this proposal. Live Nation and Sponsor understand that there will be additional details, including but not limited to legal and financial details, which will require further negotiation and discussion between the parties. It is understood that Live Nation will not be obligated to Sponsor or any other entity until a written agreement approved by Live Nation’s corporate office has been executed by both parties. 21