Post Tagged with: "Irving Azoff"

LA Times: Madison Square Garden Invests $125 million in Irving Azoff Firm
/ September 5, 2013 4:45 pm
LA Times: Madison Square Garden Invests $125 million in Irving Azoff Firm

The LA Times reports that Madison Square Garden Co. (MSG) is investing in a new venture with veteran music biz mogul Irving Azoff, manager of the Eagles and former chairman of Live Nation Entertainment. The newly created Azoff MSG Management will include Azoff's current management business with clients Christina Aguilera, Van Halen, Steely Dan and Fleetwood Mac’s Lindsey Buckingham, and will invest in publishing, digital media and television production. . Read More

Azoff Splits with Live Nation: Tells The Wrap, Running a Public Company “Sucks”
/ January 2, 2013 2:08 pm
Azoff Splits with Live Nation: Tells The Wrap, Running a Public Company “Sucks”

It's been less than 48 hours since it was publicly announced that Irving Azoff is parting ways with Live Nation, the company he led after creating Front Line, the world's largest artist management company, selling it to Ticketmaster, and merging with Live Nation, and there is no shortage of coverage and commentary on why he left and what he'll do next. . Read More

Live Nation Acquires Front Line Outright; Names Azoff Chairman
/ February 7, 2011 11:32 am

Los Angeles - Live Nation Entertainment (NYSE: LYV) announced on Monday that it will acquire the remaining stake in artist management firm Front Line Management it did not already own, from founder Irving Azoff and Madison Square Garden, in a deal valued at $116.2 million.

“Through this transaction we will further simplify and consolidate our operating structure,” said Live Nation president and CEO Michael Rapino.

“By acquiring full ownership of Front Line, we expect to benefit from substantial savings related to cash taxes, the elimination of the dividend and operating [...].

WSJ: Ticketmaster, Scalpers Explored Deal to Sink Live Nation
/ August 28, 2009 1:41 pm
WSJ: Ticketmaster, Scalpers Explored Deal to Sink Live Nation

New York - Current Ticketmaster (NASD:  TKTM) CEO Irving Azoff met with a group of leading ticket brokers in 2007 in a bid to try to corner the market for secondary tickets, just as rival Live Nation (NYSE:  LYV) announced plans to develop its own ticketing service independent of Ticketmaster, The Wall Street Journal reported. Azoff was still heading his Front Line Entertainment management firm — in which Ticketmaster had a stake — when he met with six large ticket brokers, and an offer was made for [...].

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Ticketmaster Probed on Secondary Sales; Backs Schumer Bill
/ April 6, 2009 2:13 pm
Ticketmaster Probed on Secondary Sales; Backs Schumer Bill

Washington - Ticketmaster (NASD:  TKTM) has been subpoenaed or received requests for information from the Justice Dept., Federal Trade Commission (FTC) and New Jersey’s Attorney General over the resale of tickets on secondary ticketing websites, Reuters reported, citing TicketNews.com. Bruce Springsteen and many of his fans complained when they were recently directed to purchase tickets at greatly inflated prices on Ticketmaster’s TicketsNow secondary ticket sales website before all available tickets to the concerts on Ticketmaster.com were sold out.

A similar investigation into Ticketmaster’s secondary ticket sales is also underway [...].

Azoff-managed Artists Lobby Congress for Ticketmaster Merger
/ March 12, 2009 4:49 pm

Los Angeles - In letters to Congress expressing their support for the proposed merger of concert promoter Live Nation (NYSE:  LYV) and Ticketmaster (NASD:  TKTM), several high-profile artists neglected to mention that they are represented or co-managed by Irving Azoff, the founder of Front Line Management who also recently became CEO of Ticketmaster, Hypebot reported. Billy Corgan of Smashing Pumpkins — who also testified before Congress this week on the Performance Rights Act — as well as Eddie Van Halen, Seal, and several members of Journey all [...].

WSJ: Top Artists “Scalping” Own Tickets on Resale Sites
/ March 12, 2009 12:54 pm
WSJ: Top Artists “Scalping” Own Tickets on Resale Sites

New York - A number of top music artists, including Neil Diamond, Britney Spears, Bon Jovi, Celine Dion, Billy Joel and Elton John, are partnering with Ticketmaster (NASD:  TKTM) to sell some premium tickets to their concerts on a secondary ticket exchange for hundreds of dollars more than face value, The Wall Street Journal reported. Several managers of top artists and Ticketmaster executives told The Journal that the company "routinely offers to list hundreds of the best tickets per concert on one of its two resale Web [...].

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