Exhibit 99.1
[LIVE NATION ENTERTAINMENT, INC. LOGO]
LIVE NATION ENTERTAINMENT APPOINTS JOHN MALONE
AS INTERIM CHAIRMAN OF THE BOARD
LOS ANGELES – October 15, 2010 –Live Nation Entertainment (NYSE: LYV) announced today that its Board of Directors has named Dr. John C. Malone as Interim Chairman of the Board effective immediately. Barry Diller made his resignation official at a Board meeting yesterday afternoon, and Dr. Malone agreed to serve in an interim capacity to permit the Board adequate time to select a new Chairman.
About Live Nation Entertainment:
Live Nation Entertainment (NYSE-LYV) is the largest live entertainment company in the world, consisting of five businesses: concert promotion and venue operations, sponsorship, ticketing solutions, e-commerce and artist management. Live Nation seeks to innovate and enhance the live entertainment experience for artists and fans: before, during and after the show. In 2009, Live Nation sold 140 million tickets, promoted 21,000 concerts, partnered with 850 sponsors and averaged 25 million unique monthly users of its e-commerce sites. For additional information, visitwww.livenation.com/investors.
CONTACT: Linda Bandov Pazin (lindabandov@livenation.com or 310-867-7000)