Frontier Touring and AEG Presents formed a strategic joint venture.

AEG Presents, a global leader in concert promotion and venue management, and Frontier Touring, the leading concert promotion company in Australia and New Zealand, jointly announced that the two companies have entered into a strategic joint venture to unify their operations throughout the two countries. The partnership combines Frontier Touring’s broad regional expertise with AEG Presents’ extensive resources and will continue to grow both companies' presence throughout the Asia Pacific region. Financial terms were not disclosed. CEO of Frontier Touring, Michael Gudinski, said: “Frontier Touring has been fiercely independent since its inception in 1979 and there is no doubt that we’ve batted well above the average on a global level in recent years. AEG Presents has had a successful track record of partnering with independent promoters and allowing them to keep their entrepreneurial roots while also supporting their growth. This next step is about ensuring that Frontier, AEG and our joint venture partners Illusive Presents and Chugg Entertainment raise the bar in the Australasian live market higher than ever before."