Live Nation announces significant venue expansions in Portugal and South Africa, marking major investments in both regions for 2025.

In Portugal, Live Nation will acquire a majority stake in Lisbon's MEO Arena, a 20,000-capacity venue that has hosted global stars like Harry Styles, Adele, and Dua Lipa since its 1998 opening. Planned improvements include upgraded premium seating, skyboxes, dressing rooms, and concessions, along with enhanced sustainability initiatives.

Jorge Vinha da Silva, CEO of MEO Arena, states: "With this deal, we want to build on the arena's reputation as a cultural destination, and we feel that Live Nation is the right strategic partner to achieve this."

In Johannesburg, South Africa, Live Nation partners with Stadium Management South Africa and Gearhouse South Africa to develop The Dome, a 10,500-capacity arena. This venue will be South Africa's largest dedicated live entertainment space and Live Nation's first permanent venue in Africa.

The Dome will feature:

• 6,000+ square meters of multi-purpose space
• Facilities for concerts, conferences, exhibitions, and events
• Local design and construction
• Location adjacent to FNB Stadium in Nasrec suburb

Justin Van Wyk, Live Nation South Africa's chief executive, emphasizes The Dome's role in supporting pan-African talent and creating new opportunities for artists to connect with South African fans.

These expansions come as Live Nation faces an antitrust lawsuit from the U.S. Department of Justice regarding alleged monopolistic practices with Ticketmaster.

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