Live Nation Entertainment has agreed to acquire a stake in 356 Entertainment Group, a promoter in Malta and operator of the country’s largest club Uno.
The nightclub hosts over 100 events every year.
The deal marks Live Nation’s expansion into Malta and builds on an existing partnership between the two companies, which has already successfully curated events such as Take That’s The Greatest Weekend Malta, and Liam Gallagher and Friends Malta Weekender in 2024.
“Malta’s live music scene is experiencing a real boom, and this deal marks an exciting new chapter for Live Nation,” commented John Reid, president, concerts, EMEA, at Live Nation.
“By combining 356 Group’s local expertise with our global network and experience, the potential for the island is clear. With amazing scenery, climate and burgeoning festival scene, Malta is perfectly positioned to become a must-visit destination for live entertainment.”
A spokesperson for 356 Group added: “This acquisition is a major step forward for 356 Entertainment and Uno Malta. Partnering with Live Nation is a huge milestone which brings new opportunities for the island that will energise the local and international music scene.”
According to 356 Group, its festival season brought 56,000 visitors to the island, generating major economic impact.
Financial terms of the deal were not disclosed.