Live Nation Confirms Acquisition of Paris La Défense Arena, Europe’s Largest Indoor Venue

Live Nation has added a new major property to its repertoire. The touring giant has purchased Paris La Défense Arena, the largest indoor venue in Europe, touting that the acquisition will increase business for the venue and the entire French entertainment industry.

What’s next:

• Live Nation has a comprehensive upgrade program planned for when the deal is complete.

• The arena will be able to host more events year-round and increase the total capacity.

What they said:

• Jacky Lorenzetti, President of Ovalto: “In just ten years, we have made Paris La Défense Arena a unique venue in Europe with a solid business model. Today, a new chapter begins for the arena and its employees. Paris La Défense Arena will be able to leverage the full expertise of Live Nation, the global leader in entertainment, to continue its development.”

• Angelo Gopee, Managing Director, Live Nation France: “Our ambition is simple: to make Paris La Défense Arena a venue that welcomes more productions, with the finest facilities for artists, all event producers and promoters, and, above all, the audience. This ambition is rooted in a strong commitment to local inclusion, education, and cultural access – ensuring major live experiences drive local development and inspire younger generations.”

• Frédéric Longuépée, President of Paris La Défense Arena: “Ovalto has created a venue that has become unique in Europe in less than ten years. The arrival of Live Nation promises exciting new opportunities for our clients, employees, and partners, whose support has been crucial in making the arena the icon it is today.”