Latin music revenues exceeded $1bn (£800m/€900m) in the US last year, according to The Recording Industry Association of America’s (RIAA) end-of-year Latin music report for 2022. Revenues improved from $881m in 2021 to $1.1bn in 2022, with Latin music’s overall share of the music market growing from 5.9% to 6.9%. The success of Bad Bunny …
Ticketmaster continues Latin America expansion
Ticketmaster has continued its expansion in Latin America and has entered the market in Brazil and Peru. The Live Nation-owned event ticketing business has also recently expanded into Chile and Mexico, as well as Argentina. Donovan Ferreti will serve as the managing director of Ticketmaster Brazil, while Hippie Gonzalez Orellana will serve as the managing …
Ticketmaster grows Latin America presence with Mexico and Chile launch
Ticketmaster is to launch in Mexico and Chile as part of plans to expand its footprint in the wider Latin America market. The move follows Live Nation Entertainment’s recent acquisition of OCESA Entretenimiento, a leading promoter in the region and owner of Ticketmaster Mexico. The new ownership structure will see Ticketmaster Mexico transition from a …