OCESA (formerly Operadora De Centro De Espectaculos S.A.) is a Mexican concert promoter founded in 1990 by Alejandro Soberon Kuri. The company organizes

concert A concert is a live music performance in front of an audience. The performance may be by a single musician, sometimes then called a recital, or by a musical ensemble, such as an orchestra, choir, or band. Concerts are held in a wide variety a ...

music festival A music festival is a community event with performances of singing and instrument playing that is often presented with a theme such as musical genre (e.g., rock, blues, folk, jazz, classical music), nationality, locality of musicians, or h ...

s, and other live events. It is currently the largest music promoter in Mexico. It is headquartered in the Hipódromo de las Américas in

Mexico City, Mexico Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital and largest city of Mexico, and the most populous city in North America. One of the world's alpha cities, it is located in the Valley of Mex ...

. OCESA is a subsidiary of

Grupo CIE Grupo CIE (Corporacion Interamericana de Entretenimiento. Spanish for: Interamerican Entertainment Corporation) is a Mexican entertainment and media company. It is leader of Latin American entertainment sector, focusing especially on the markets ...

History

In 1994, Bruce Moran, president of OCESA Presents, attempted to bring more foreign artists into Mexico. As part of this initiative, the company organized shows and concert tours with artists such as

Pink Floyd Pink Floyd are an English rock band formed in London in 1965. Gaining an early following as one of the first British psychedelic music, psychedelic groups, they were distinguished by their extended compositions, sonic experimentation, philo ...

Paul McCartney Sir James Paul McCartney (born 18 June 1942) is an English singer, songwriter and musician who gained worldwide fame with the Beatles, for whom he played bass guitar and shared primary songwriting and lead vocal duties with John Lennon. One ...

Madonna Madonna Louise Ciccone (; ; born August 16, 1958) is an American singer-songwriter and actress. Widely dubbed the " Queen of Pop", Madonna has been noted for her continual reinvention and versatility in music production, songwriting, a ...

and

Santana Santana may refer to: Transportation * Volkswagen Santana, an automobile * Santana Cycles, manufacturer of tandem bicycles * Santana Motors, a former Spanish automobile manufacturer Boats * Santana 20, an American sailboat design by W. D. Sch ...

. During Moran's tenure, the company also began to expand into talent management when it took over part of the operations of Ogden Entertainment Services, its majority owner at the time, and hired its personnel. In 2019 Live Nation planned to acquire a controlling stake in OCESA for $500 million, purchasing Mexican mass media company

Televisa Grupo Televisa is a Mexican multimedia mass media company. A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content. In April 2021, Televisa and Univision Communications announce ...

's 40% stake. Live Nation backed out in May 2020.

stated that it was considering legal options after this. However, Live Nation Entertainment resumed its acquisition on September 13, 2021

Subsidiaries

OCESA's theater division is Ocesa Teatro. OCESA also owns the record label and talent agency

OCESA Seitrack OCESA Seitrack (formerly Seitrack Management and Seitrack Musica) is a Mexican record label and talent agency which is a subsidiary of Grupo CIE. History Seitrack Management was an independent private talent agency founded in 2002, originally a ...

References

External links

OCESA website
Electronic music event management companies Festival organizations in North America Companies based in Mexico City Music promoters Entertainment companies established in 1990 {{Mexico-company-stub