Exhibit 12.1

Live Nation Entertainment, Inc.

Computation of Ratio of Earnings to
Fixed Charges



|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|---------------------------------------------------------------------------------------------------------------------------------------------- |  | ---------------------- | -------- | - | ---- | - | -------- | ---- |  | - | -------- | - |  | ---- | ------- | - |  | - | ------- | -
|                                                                                                                                               |  | Year EndedDecember 31, |         
|                                                                                                                                               |  | 2010                   |          |   | 2009 |   |          | 2008 |  |   | 2007     |   |  | 2006 |        
|(in thousands, except ratio)                                                                                                                   |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |        
|Income (loss) before income taxes                                                                                                              |  | $                      | (188,654 | ) |      | $ | (114,678 | )    |  | $ | (357,735 | ) |  | $    | (53,581 | ) |  | $ | (31,286 | )
|Equity in earnings (loss) of nonconsolidated affiliates                                                                                        |  |                        | 4,928    |   |      |   | 1,851    |      |  |   | 842      |   |  |      | (7,737  | ) |  |   | (1,330  | )
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Income (loss) before income taxes, equity in earnings of nonconsolidated affiliates, and cumulative effect of a change in
accounting principle |  |                        | (193,582 | ) |      |   | (116,529 | )    |  |   | (358,577 | ) |  |      | (45,844 | ) |  |   | (29,956 | )
|Dividends and other received from nonconsolidated affiliates                                                                                   |  |                        |         |   |      |   |         |      |  |   |         |   |  |      |        |   |  |   |        |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Total earnings                                                                                                                                 |  |                        | (193,582 | ) |      |   | (116,529 | )    |  |   | (358,577 | ) |  |      | (45,844 | ) |  |   | (29,956 | )
|Fixed charges:                                                                                                                                 |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Interest expense                                                                                                                               |  |                        | 116,527  |   |      |   | 66,365   |      |  |   | 70,104   |   |  |      | 64,297  |   |  |   | 36,790  |  
|Amortization of loan fees *                                                                                                                    |  |                        |         |   |      |   |         |      |  |   |         |   |  |      |        |   |  |   |        |  
|Interest portion of rentals                                                                                                                    |  |                        | 44,806   |   |      |   | 35,583   |      |  |   | 35,048   |   |  |      | 31,393  |   |  |   | 22,926  |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Total fixed charges                                                                                                                            |  |                        | 161,333  |   |      |   | 101,948  |      |  |   | 105,152  |   |  |      | 95,690  |   |  |   | 59,716  |  
|Preferred stock dividends                                                                                                                      |  |                        |         |   |      |   |         |      |  |   |         |   |  |      |        |   |  |   |        |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Total fixed charges                                                                                                                            |  |                        | 161,333  |   |      |   | 101,948  |      |  |   | 105,152  |   |  |      | 95,690  |   |  |   | 59,716  |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Total earnings available for payment of fixed charges                                                                                          |  | $                      | (32,249  | ) |      | $ | (14,581  | )    |  | $ | (253,425 | ) |  | $    | 49,846  |   |  | $ | 29,760  |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|Ratio of earnings to fixed charges                                                                                                             |  |                        | (0.20    | ) |      |   | (0.14    | )    |  |   | (2.41    | ) |  |      | 0.52    |   |  |   | 0.50    |  
|                                                                                                                                               |  |                        |          |   |      |   |          |      |  |   |          |   |  |      |         |   |  |   |         |  
|                                                                                                                                               |  |                        |          |   |     
|Deficiency of earnings to fixed charges                                                                                                        |  |                        | (193,582 | ) |      |   | (116,529 | )    |  |   | (358,577 | ) |  |      | (45,844 | ) |  |   | (29,956 | )
|                                                                                                                                               |  |                        |          |   |     
|Interest portion of rentals                                                                                                                    |  |                        | 35       | % |      |   | 35       | %    |  |   | 35       | % |  |      | 35      | % |  |   | 35      | %



|* | Amortization of loan fees is included in interest expense.
|- | ----------------------------------------------------------