We are the leading live entertainment company in South America and the fourth largest in the world in terms of box office revenue in 2011, according to Billboard. In addition, we believe we are the only diversified and vertically-integrated South American live entertainment company. We promote a wide range of artistic, cultural and sports content, drawing upon our relationships with agents and content providers in Brazil and around the world, as well as content developed internally, such as our Copa Caixa Stock Car, Copa Petrobras de Marcas, Copa Chevrolet Montana and Mini Challenge (BMW Mini Cooper racing series). We currently operate five of the most important entertainment venues in South America, of which three are ranked among the top 35 venues worldwide in terms of number of tickets sold in 2011, according to Pollstar.