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Live Nation Takes A Stake In Canadian Promoter Embrace Presents

TORONTO, ON (CelebrityAccess) – Live Nation Entertainment announced the acquisition of a majority stake in Canadian venue manager and concert/festival promoter Embrace Presents.

Embrace will continue to oversee operations of its current portfolio, which includes several festivals such as the EDM-infused Electric Island in Toronto, as well as several seemingly inactive brands such as Deadbeats and Embrace Miami.