Live Nation Secures Majority Stake in Buenos Aires' Movistar Arena

The company confirmed on Monday that it will retain the existing management team at the 2019-opened facility. La Nación, which previously held the majority stake, will continue to serve as a minority shareholder. Under the new ownership structure, the venue will maintain its policy of being an open-access building available to all qualified promoters rather than exclusively hosting Live Nation-produced tours.

Since its inauguration five years ago, the Movistar Arena has established itself as a cornerstone of the regional cultural scene, hosting more than 250 events each year. The venue attracts a diverse mix of international touring artists and regional talent, solidifying its position as a primary hub for large-scale performances in Argentina.