Through this multi-year agreement, Hornets Sports & Entertainment will operate its ticketing system for all Time Warner Cable Arena events (Hornets, concerts, family shows, etc.) with Ticketmaster. Ticketmaster will manage the official re-sale marketplace of the Hornets, at NBATickets.com, giving fans the only secure secondary marketplace to purchase verified tickets. Ticketmaster has been responsible for all aspects of the arena's ticketing systems since 2007.

"We are very pleased to continue with Ticketmaster as our ticketing and event marketing solution provider," said Hornets President & COO Fred Whitfield. "As the industry leader they have always worked to provide the best, most efficient options for our patrons. With Hornets Sports & Entertainment serving as operators of Time Warner Cable Arena, our goal has always been to attract the highest quality entertainment possible. We believe our partnership with Live Nation will enhance our opportunities to continually secure the premier concerts, family shows and entertainment acts available."    

"We have invested in our platform to deliver industry-leading products and services to our clients and their fans. We look forward to continuing to collaborate with the Hornets and Time Warner Cable Arena to deliver the most secure and convenient ticket options for fans," said Cole Gahagan, executive vice presidents of clients, Ticketmaster.

"We have always delivered top talent to the southeast region, and this new partnership is only going to help us grow that footprint in Charlotte, and throughout the Carolinas," said Mike Evans, president of arenas, Live Nation.  

Hornets Sports & Entertainment owns the Charlotte Hornets and operates Charlotte's Time Warner Cable Arena.

About Live Nation Entertainment

Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation & House of Blues Concerts, LN Media and Artist Nation Management.www.livenationentertainment.com.

Media Contact:

Jacqueline Peterson

jacquelinepeterson@livenation.com

310.360.3051

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