RIO DE JANEIRO -- Clear Channel Entertainment, formerly SFX, has created Clear Channel Entertainment do Brasil, in its first move into Latin American live entertainment.
Among its competitors are CIE Brasil, a subsid of Mexico City-based CIE, which is Latin America's leading promoter of live entertainment.
"As the largest market in South America, Brazil represents the next logical step in our global expansion," says Brian Becker, chairman and CEO of Clear Channel Entertainment.
Company has tapped Leandro Stillitano managing director. Debut event in Brazil is Roger Waters' "In the Flesh" World Tour 2002, starting with a March 9 concert in Rio.
Clear Channel owns 40% of leading Mexican radio group Acir.
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