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Entertainment giant Live Nation said Tuesday it was buying a controlling stake in Bonnaroo, one of the most influential US music festivals, in the latest consolidation in the booming industry. The Bonnaroo Music and Arts Festival, one of the last major US music events to be independent, helped spark the rapid growth of the industry after its launch in 2002. Bonnaroo -- attended for four days each June by up to 90,000 fans -- is known for highlighting indie rock and Americana acts but also attracts major headliners, who this year will include Billy Joel, Robert Plant and D'Angelo. Live Nation, which also runs Ticketmaster, said that it would take a controlling interest in Bonnaroo, but the two sides did not disclose financial terms.