Turner Broadcasting and Live Nation Entertainment To Honor Best Live Musical Performances with the Live Nation Music Awards

IMG and dick clark productions to Produce Annual Awards Show Premiering Oct. 1 on TBS and TNT

Turner Broadcasting System, Inc. and Live Nation Entertainment (NYSE: LYV) today announced the Live Nation Music Awards, a new television event honoring the best live musical performances of the year. Set to be simulcast on TNT and TBS on Oct. 1, 2015, the star-studded ceremony will be produced by Live Nation Entertainment in collaboration with IMG and dick clark productions.

The Live Nation Music Awards will connect fans with their favorite artists in an unprecedented way, bringing viewers into the spontaneous, electric atmosphere that makes live music so exciting. The show will honor the year's most memorable performances in categories as varied as "Live Performance of the Year," "Best On-Stage Collaboration," "Road Warrior of the Year," and "Best Special Effects in a Festival." It will also feature unique, never-before-seen collaborations and special appearances.

The Live Nation Music Awards will be executive-produced by Michael Rapino, Live Nation Entertainment's president and CEO; Mark Shapiro, IMG's Chief Content Officer; Allen Shapiro (So You Think You Can Dance, Golden Globe Awards), dick clark productions' CEO; and Michael Mahan, dick clark productions' president.

"With all the honors given to recorded music, it's great to finally see awards created for live performances," said David Eilenberg, senior vice president of unscripted series, specials and late night for TBS and TNT. "We're proud to be joining forces with Live Nation, IMG, and dick clark productions to break new ground and honor the most exciting live musical performances of the year."

"Live Nation is dedicated to bringing artists and fans together for life-long memories and we are honored to take part in recognizing the talent who bring those experiences to life," said Michael Rapino.

"In the last few years, we've seen incredible innovation and investment in live music," said Mark Shapiro. "Music permeates all aspects of entertainment, and fans are ready to celebrate all that the industry is doing around the world to push the envelope and create unique experiences. We're excited to be teaming up with Live Nation and dick clark productions to honor artists in a fresh, new way."

"Touring is by far one of the most powerful platforms for artists to connect with their fans," said Allen Shapiro. "I'm excited to launch a new franchise with Live Nation and IMG."

About Live Nation Entertainment

Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, Live Nation Media & Sponsorship and Artist Nation Management. For additional information, visit www.livenationentertainment.com.

About IMG

IMG is a global leader in sports, fashion and media operating in more than 25 countries around the world. IMG's businesses include Events & Media, College, Golf, Tennis, Performance and IMG Academy, Fashion, Models, Clients, Licensing, Joint Ventures, and creative management agency Art + Commerce. In 2014, IMG was acquired by WME, the world's leading entertainment and media agency. Together, the companies offer an unparalleled client roster; strategic partnerships with sponsors and brands; and marquee assets across sports, entertainment, events, music and fashion.

IMG's previous primetime productions include Christmas in Rockefeller Center, Sports Illustrated's Sportsman of the Year, Boston Pops 4th of July Spectacular, the NHL All-Star Game and NHL Awards, the Ryder Cup Opening and Closing Ceremonies, 12-12-12: The Concert for Sandy Relief and Thanksgiving Live for the Food Network.

About dick clark productions

dick clark productions (dcp) is the world's largest producer and proprietor of televised live event entertainment programming with the Academy of Country Music Awards, American Country Countdown Awards, American Music Awards, Billboard Music Awards, Dick Clark's New Year's Rockin' Eve with Ryan Seacrest, Golden Globe Awards, Hollywood Film Awards and The PEOPLE Magazine Awards. Weekly television programming includes So You Think You Can Dance from 19 Entertainment, a division of CORE Media Group, and dcp; World's Funniest Fails from Jukin Media and dcp; and Boom! (FOX) from Keshet DCP, the joint venture between Keshet International (KI), the global distribution and production arm of Keshet Media Group, and DC Media, the parent company of dcp. dcp also owns one of the world's most unique and extensive entertainment archive libraries with more than 55 years of award-winning shows, historic programs, specials, performances and legendary programming. For additional information, visit www.dickclark.com.

About TNT

TNT is television's destination for drama. Seen in 101 million households and ranking among cable's top networks, TNT is home to such original drama series as Rizzoli & Isles, Major Crimes, Falling Skies, The Last Ship, Murder in the First, Legends, The Librarians and Transporter The Series. TNT's slate of upcoming scripted dramas includes Public Morals, Proof and Agent X. TNT also features such dramatic unscripted series as Cold Justice and the upcoming Cold Justice: Sex Crimes. In addition, TNT is the cable home to popular dramas like Castle, Bones, Supernatural and Grimm; primetime specials, such as the Screen Actors Guild Awards(R); blockbuster movies; and championship sports coverage, including the NBA and the NCAA Division I Men's Basketball Championship.

TNT is part of Turner Broadcasting System, Inc., a Time Warner company. Turner Broadcasting creates and programs branded news; entertainment; kids and young adult; and sports media environments on television and other platforms for consumers around the world.

About TBS

TBS is basic cable's #1 entertainment network among young adults in primetime. Available in 101 million households, TBS features such original comedies as American Dad!, Your Family or Mine and the upcoming Angie Tribeca and Clipped. TBS also features unscripted originals like King of the Nerds and Meet the Smiths. In late night TBS, is home to the Emmy(R)-winning series CONAN, starring Conan O'Brien. The TBS lineup also includes popular contemporary comedies, such as The Big Bang Theory and Family Guy, along with blockbuster movies and championship sports.

TBS is part of Turner Broadcasting System, Inc., a Time Warner company. Turner Broadcasting creates and programs branded news; entertainment; kids and young adult; and sports media environments on television and other platforms for consumers around the world.