---
schema_version: "secwatch.filing_event.v1"
accession: "0001335258-21-000139"
form_type: "8-K"
ticker: "LYV"
cik: "0001335258"
company_name: "Live Nation Entertainment, Inc."
filed_at: "2021-12-06T23:59:59+00:00"
generated_at: "2026-06-28T03:26:26.355087+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Live Nation closes acquisition of 51% of OCESA for MXN$8,835 million

## Summary
- Closed acquisition of 51% controlling interest in OCESA for MXN$8,835 million.
- OCESA is the third largest promoter globally; Ticketmaster Mexico sells ~20M tickets annually.
- 7% of purchase price held back by Live Nation to cover potential operating losses.
- Arbitration proceedings before the ICC were dismissed in connection with the closing.
- Alejandro Soberón Kuri named CEO of JV; Michael Rapino becomes Chairman of board.

## SEC filing metadata
- accession: 0001335258-21-000139
- form_type: 8-K
- ticker: LYV
- cik: 0001335258
- company_name: Live Nation Entertainment, Inc.
- filed_at: 2021-12-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1335258/000133525821000139/0001335258-21-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1335258/000133525821000139/lyv-20211206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001335258-21-000139
- JSON: https://secwatch.observer/filing/0001335258-21-000139.json
- Plain text: https://secwatch.observer/filing/0001335258-21-000139.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.