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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read River flooding begins to "wrap arms" around Memphis | 07 May 2011 Majority agree with Obama decision on bin Laden photos: poll 7:55am EDT Pakistan PM says bin Laden accusations absurd | 11:20am EDT Bin Laden's widow says they lived in Pakistani house for 5 years 06 May 2011 Are gay men more at risk for cancer? 1:28am EDT Discussed 154 Concerns raised over shooting of unarmed bin Laden, burial 141 Obama at U.S. base to pay tribute to bin Laden mission 106 Boehner demands trillion-dollar cuts in debt deal Watched US releases video of bin Laden from compound Sat, May 7 2011 Bin Laden on tape Sun, May 8 2011 Mississippi River floods force evacuations Fri, May 6 2011 Groupon, Live Nation to launch new ticketing deals site Tweet Share this (Reuters) - Top online group buying site Groupon tied up with Live Nation Inc to launch a new online ticketing deals website that will allow customers to buy tickets to concerts, theatres and other live events at discounted prices. Live Nation... Email Print Related News Balkans play warns against rise of fascism in Europe Wed, May 4 2011 New Orleans' Jazz Fest thrives, despite competition Tue, May 3 2011 Bin Laden was found at luxury Pakistan compound Mon, May 2 2011 Excited Bucklebury gears up for Kate's big day Tue, Apr 26 2011 Broadway expands its stage with movie theater shows Mon, Apr 25 2011 Analysis & Opinion PeopleDeals offers its spin on group buying Vericrest Financial: homicidally otiose Related Topics Technology » Deals » Global Deals Data 2011 Q1 » Inflows Outflows » Stocks An online coupon sent via email from Groupon is pictured on a laptop screen November 29, 2010 in Los Angeles. Credit: Reuters/Fred Prouser Mon May 9, 2011 10:05am EDT (Reuters) - Top online group buying site Groupon tied up with Live Nation Inc to launch a new online ticketing deals website that will allow customers to buy tickets to concerts, theatres and other live events at discounted prices. Live Nation Entertainment, which was created by the combination of concert promoter Live Nation and Ticketmaster Entertainment, produces over 20,000 shows annually for more than 2,000 artists and bands like Rihanna and Def Leppard. The new site, GrouponLive, timed to launch with the summer concert season, will act as a local resource for Live Nation events and clients of its ticketing business, Ticketmaster, the companies said in a statement. The companies did not disclose the financial terms of the deal. "Our success is based on selling tickets and filling seats and GrouponLive gives us another platform to achieve this," Live Nation Chief Executive Michael Rapino said. Groupon, whose expected IPO could value the company at about $15-$20 billion, is a leader in the hot and crowded online daily deals market. The company has grown to about 50 million users from 3 million across 500 cities in 40 countries over the course of 2010. Live Nation shares had closed at $10.75 on Friday on the New York Stock Exchange Technology Deals Global Deals Data 2011 Q1 Inflows Outflows Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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