Oak View Group Taps Milan for First Arena Outside U.S.

's Oak View Group has partnered with Live Nation for its first music and sports arena outside the U.S., set to be built in the Italian city of Milan.

Existing music arenas and large scale venues in or near Milan include the 12,700-capacity Mediolanum Forum and the 80,000-capacity San Siro stadium, which stages concerts from Ed Sheeran and Muse this summer. "We're delighted to announce our first European partnership, bringing a state-of-the-art entertainment facility to Milan," said Oak View Group co-founder and chief executive Tim Leiweke in a statement.

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