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AEG and CMN Join Forces to Create Latin Touring Powerhouse: ‘Timing Is Everything’
AEG Presents buys a stake in CMN, merging the world's No. 2 live events company with the largest Latin indie promoter.
Now, AEG will have the Latin clout while CMN while have the global reach, and both companies will work together to create elevated and expanded experiences for artists and fans, with each benefitting from the complementary strategic alliance. AEG is a giant company that also has venues and I’ve known Jay Marciano for 40 years, since he was president of Radio City Music Hall and Madison Square Garden. In 2001, he sold CFA(Cardenas, Fernandez & Associates) — which at one point was the biggest Hispanic-owned event-promotion company in the U.S. — to Clear Channel Entertainment and Grupo Televisa.
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