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HOME > OTHER ENTERTAINMENT NEWS > Music NEWS

Clear Channel's Live Nation buys House Of Blues for $350 million


UPI News Service, 07/05/2006 

Live Nation, the Los Angeles concert promotion spinoff of Clear Channel, is paying $350 million to buy House Of Blues Entertainment.

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The all-cash deal, which includes 10 U.S. venues, is set to close by year-end, FMQB.com reported Wednesday.

The House Of Blues acquisition will help expand the company's mid-size venue and amphitheater business, Live Nation said in a statement.

 

 

 


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Copyright 2006 by United Press International






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