Live Nation Acquires Bizarro Chile

Live Nation agreed to make a majority investment in Bizarro Chile, the concert promoter founded by Alfredo Alonso.

Bizarro Chile Deal Announced

The deal, announced on Friday (October 9), comes less than nine months after Live Nation acquired a majority stake in Bizarro Peru.

Regulatory Approval Pending

The transaction remains subject to regulatory approval, and Live Nation did not disclose its value or stake size.

Alonso to Lead Creative Direction

Alonso, who founded Bizarro in 2008, will remain in charge of the company’s creative and strategic direction.

Expand Latin Music in Chile

Live Nation said the partnership aims to expand live Latin music in Chile.

Michael Rapino's Statement

Michael Rapino, President and CEO of Live Nation, stated Chile is one of the most dynamic music markets in Latin America and a priority for Live Nation.

“Chile is one of the most dynamic music markets in Latin America, and a priority for Live Nation.”

Bizarro's Role in Chile

Bizarro will contribute its expertise in developing Latin artists and local content while DG Medios continues playing a central role in international events.