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Live Nation buys Los Angeles-based concert promoter

Live Nation Entertainment Inc. has acquired Los Angeles-based concert promoter Spaceland Presents for an undisclosed amount.

The deal includes the purchase of Spaceland's Los Angeles-area venues The Echo, Echoplex and The Regent Theater, according to a May 17 news release.

Spaceland Presents produces and books talent for more than 1,200 concerts and events yearly.