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Telstra, Live Nation Australia enter strategic partnership

Oct. 12, 2015 7:30 PM ETLive Nation Entertainment, Inc. (LYV) StockTTRAFBy: Jason Aycock, SA News Editor
  • Live Nation Australia (NYSE:LYV -1.3%) has entered a "major strategic partnership" with Aussie telecom leader Telstra (OTCPK:TLSYY -0.3%).
  • The move is slightly bigger than the usual music sponsorship deal, the company says; Telstra customers will get 48-hour exclusive pre-sale access for tickets to all tours as well as exclusive content, merchandise and VIP packages.
  • It'll be implemented through the Telstra Thanks loyalty program. The deal was put together by Mixitup Australia, a partnerships agency that is a joint venture of Live Nation Australia.

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