Revelers enjoy 2013's New Year's Eve festivities in downtown's Grand Park, where Live Nation is in discussions to stage a multi-day music festival

Revelers enjoy 2013's New Year's Eve festivities in downtown's Grand Park, where Live Nation is in discussions to stage a multi-day music festival.

( Lawrence K. Ho / Los Angeles Times )

Revelers enjoy 2013's New Year's Eve festivities in downtown's Grand Park, where Live Nation is in discussions to stage a multi-day music festival.

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