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Live Nation Signs Deal to Buy Milan’s Unipol Forum, Carroponte and Teatro Repower

The agreement marks Live Nation’s first move into direct venue ownership in Italy.

Overview

  • Live Nation agreed to acquire Gruppo ForumNet from Bastogi S.p.A., bringing the three Milan venues under its control pending customary closing conditions.
  • Completion is expected by April 2026, with the current ForumNet team set to continue operating the sites under independent management.
  • Planned upgrades at the Unipol Forum focus on audience experience, enhanced artist and production facilities, and measures to cut the venue’s carbon emissions.
  • The Unipol Forum, opened in 1990 with roughly 15,800 seats, hosts about 2 million spectators annually, serves as Olimpia Milano’s home court, and will stage Olympic skating events in 2026.
  • The move extends Live Nation’s vertically integrated model into Italy as Milan’s venue landscape also features CTS Eventim’s forthcoming Unipol Dome and the TicketmasterTicketOne rivalry.