Live Nation UK has further extended its interest in the festival market by taking a minority stake in the Hampshire-based Boomtown Fair.
Neither Live Nation nor Boomtown have commented on the deal, but IQ has spotted documents filed with Companies House, which show that Live Nation UK Chairman Denis Desmond and COO Stuart Douglas were both appointed last month as directors of the Boomtown Festival business and its parent company Circus Of Boom.
They sit on the board alongside Luke Mitchell and Christopher Rutherford - who co-founded Boomtown Fair back in 2009 - with the event's Finance Manager Mark Nicholls also a director of the two companies.
Live Nation is a significant player in the UK festival market, in particular via its Festival Republic business, but also with interests in a number of other festival events around the country.