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Live Nation Acquires Majority Stake in Argentina’s Dale Play Live
June1
Live Nation Entertainment has expanded its presence in Argentina through a strategic partnership with local music company Dale Play, acquiring a majority stake in Dale Play Live as part of an effort to strengthen its position in the Spanish-language music market.
The agreement is designed to support the continued growth of live Spanish-language music in Argentina while helping develop Latin and regional artists for both local and international audiences.
Under the partnership, Dale Play founder and CEO Federico Lauria will remain in charge of the company’s creative and strategic direction. He will also continue contributing to the development of Latin artists and Spanish-language content across global markets.
The addition of Dale Play further strengthens Live Nation’s footprint in Argentina by combining the company’s global live entertainment network with Dale Play’s expertise in local artist development and Spanish-language content.
DF Entertainment, Live Nation’s long-standing partner in Argentina, will continue to play a central role in the growth and expansion of international live music events in the country. Dale Play will focus on developing Spanish-language artists and local content.
“Buenos Aires is the second largest music market in South America and a priority for Live Nation,” said Michael Rapino, President and CEO of Live Nation Entertainment. “The addition of Dale Play complements our existing partnership with DF Entertainment and strengthens our commitment to Argentina and the growth of Spanish-language music in the region and throughout the world.”
Lauria said the partnership would create new opportunities for artists from Argentina and Latin America.
“Dale Play was founded with the vision of supporting artists and building a platform that empowers them to grow locally and globally,” he said. “Being partners with Live Nation represents a tremendous opportunity to continue expanding artists from Argentina and Latin America to the world.”
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