LOS ANGELES (CBS) — Call it the perfect marriage for music fans who look for deals and discounted concert ticket prices.

Groupon, the daily-deal Web site, has teamed up with LiveNation,  the country’s largest concert promoter, to offer bargains on concerts and other live events.

The joint venture will be called GrouponLive.

The venture is expected to launch in the coming weeks.

For more information about GrouponLive, click here.