Complex sentence: It is one of two major outdoor arenas in the New York City Metropolitan Area, along with Nikon at Jones Beach Theater; like the Nikon theater, the PNC Bank Arts Center is managed by Live Nation.
Split into simpler sentences: It is one of two major outdoor arenas in the New York City Metropolitan Area, along with Nikon at Jones Beach Theater. Like the Nikon theater, the PNC Bank Arts Center is managed by Live Nation.