Live Nation to Acquire Italy’s ForumNet Group

Live Nation is set to acquire leading Italian venue operator ForumNet Group from Bastogi S.p.A.

The deal:

• The 15,800-capacity live music and sports arena Unipol Forum is at the heart of the deal, as per the media release.

• Live Nation says it plans “significant investment” in the venue to enhance the fan experience, upgrade artist and production facilities, and introduce sustainability improvements.

• The deal also includes the 1,700-cap Teatro Repower, and management of the 12,000-capacity open-air venue Carroponte.

• Together these venues are major fixtures in Italy’s live entertainment sector, which generated €4.5 billion in 2024.

Operations:

• The existing ForumNet team will continue to operate the venues and welcome all event organizers.

• Live Nation will continue to promote shows across all Italian venues.

• The transaction is subject to customary closing conditions and is expected to complete in April 2026.

What they said:

• Roberto de Luca, President, Live Nation Italy: “We’re proud to welcome these historic Milan venues to Live Nation and invest in their future. The Forum has hosted some of the greatest Italian and international artists and we look forward to creating even more opportunities for artists and fans. The ForumNet venues will continue under an independent management team, maintaining longstanding relationships with all partners and promoters.”