Irish promoter Denis Desmond is reportedly set to become the new boss of Live Nation UK and Ireland.

Desmond, who formed the LN-Gaiety Holdings Ltd joint-venture with Live Nation in 2004, will take on the role of chairman of promotions UK/Ireland, IQ reports. LN-Gaiety Holdings recently completed the acquisition of venue and festival operator MAMA & Company.

Desmond (pictured) runs Ireland's MCD Productions, the company behind festivals such as Oxegen and other major events.  His appointment comes after Live ...