UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
January 25, 2010
Live Nation Entertainment, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-32601 | 20-3247759 | ||
(State or other jurisdiction of incorporation) |
(Commission File No.) | (I.R.S. Employer Identification No.) |
9348 Civic Center Drive Beverly Hills, California |
90210 | |
(Address of principal executive offices) | (Zip Code) |
(310) 867-7000
Registrants telephone number, including area code:
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
x | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 | Other Events. |
On January 25, 2010, Live Nation, Inc. (the Company or Live Nation) and Ticketmaster Entertainment, Inc. (Ticketmaster Entertainment) issued a joint press release announcing that the completion of the previously announced merger (the Merger) of Ticketmaster Entertainment with and into a subsidiary of Live Nation (Merger Sub), pursuant to the Agreement and Plan of Merger, dated as of February 10, 2009, by and among Live Nation, Ticketmaster Entertainment and Merger Sub. A copy of that press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Forward Looking Statements
Certain statements in this Current Report on Form 8-K may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding: the growth of the North American concert industry; the Companys market and growth opportunities; ticket sales trend information; the Companys ticketing opportunity and strategies; and the amount of anticipated synergies and other benefits associated with the Merger.
Live Nation wishes to caution you that there are some known and unknown factors that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements, including but not limited to operational challenges in achieving strategic objectives and executing the Companys plans, the risk that markets do not evolve as anticipated, the possibility that artists may unexpectedly cancel or reschedule all or part of scheduled tours, the potential impact of the general economic slowdown, competition in the industry and challenges associated with operating the Companys ticketing and digital media operations.
Live Nation refers you to the documents that Live Nation and Ticketmaster Entertainment file from time to time with the Securities and Exchange Commission (the SEC), specifically the section entitled Risk Factors of each companys most recent Annual Report filed on Form 10-K, as amended and as updated by each companys Quarterly Reports on Form 10-Q, Live Nations Current Report on Form 8-K filed with the SEC on May 28, 2009 and Ticketmaster Entertainments Current Report on Form 8-K filed with the SEC on July 13, 2009, each of which contain and identify other important factors that could cause actual results to differ materially from those contained in Live Nations projections or forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Current Report on Form 8-K. All subsequent written and oral forward-looking statements by or concerning Live Nation or Ticketmaster Entertainment are expressly qualified in their entirety by the cautionary statements above. Live Nation and Ticketmaster Entertainment do not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.
Additional Information About the Merger and Where to Find It
In connection with the Merger, Ticketmaster Entertainment and Live Nation have filed and intend to file relevant materials with the SEC, including a joint proxy statement/prospectus. INVESTORS ARE URGED TO READ THESE MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT TICKETMASTER ENTERTAINMENT, LIVE NATION AND THE MERGER. The joint proxy statement/prospectus and other relevant materials and any other documents filed by Ticketmaster Entertainment or Live Nation with the SEC may be obtained free of charge at the SECs website at http://www.sec.gov. In addition, investors may obtain free copies of the documents filed with the SEC (i) by contacting Live Nations Investor Relations Department at (310) 867-7000 or by accessing Live Nations investor relations website at http://www.livenation.com/investors; or (ii) by contacting Ticketmaster Entertainments Investor Relations Department at (310) 360-2354 or by accessing Ticketmaster Entertainments investor relations website at http://investors.ticketmaster.com. Investors are urged to read the joint proxy statement/prospectus and the other relevant materials before making any voting or investment decision with respect to the Merger.
This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits |
Exhibit |
Exhibit Description | |
99.1 | Joint press release issued by Live Nation, Inc. and Ticketmaster Entertainment, Inc. on January 25, 2010. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Live Nation Entertainment, Inc. | ||
By: |
/s/ Michael Rowles | |
Michael Rowles Executive Vice President, General Counsel and Secretary |
January 25, 2010
EXHIBIT INDEX
Exhibit |
Exhibit Description | |
99.1 | Joint press release issued by Live Nation, Inc. and Ticketmaster Entertainment, Inc. on January 25, 2010. |