Live Nation, the promoter that owns or manages venues such as Wembley Arena and Manchester Apollo, has signed an $80 million (£40 million) upfront deal with U2 that will tie the Irish rock band to its venues for the next 12 years.
The deal underlines the growing battle for live rights and cements the Irish four piece into a long-term deal, where previously the band worked with New York-listed Live Nation on a tour-by-tour basis.
Bono, lead singer of U2, said: “We’ve been dating for over 20 years now; it’s about time we tied the knot.” Live Nation has produced every U2 tour since 1997 but company bosses first worked with the band in Toronto in 1980. Read the rest of this entry »


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