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  1. #1
    Unchained Hamnerhead's Avatar
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    Fair Warning
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    12.14.17 @ 06:53 PM
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    Default Azoff Leaves Live Nation & Front Line Management; Takes VH With Him

    Perhaps of interest:


    Irving Azoff to Leave Live Nation


    December 31, 2012

    By BEN SISARIO


    Irving Azoff, the executive chairman of Live Nation Entertainment, the concert and ticketing giant, is leaving the company, Live Nation announced on Monday.

    As part of his exit, Liberty Media, already one of Live Nation’s largest shareholders, will buy 1.7 million of Mr. Azoff’s shares, giving Liberty a 26.4 percent stake in Live Nation. According to recently filed corporate disclosure documents, Mr. Azoff controlled about 2.6 million shares in Live Nation, either directly or through a family trust.

    Mr. Azoff, 65, has been one of the most powerful executives and artist managers in music for four decades, and Live Nation has been only his most recent endeavor. Along with Michael Rapino, who remains the company’s chief executive, Mr. Azoff helped organize the merger in early 2010 of Live Nation — then largely a concert promotions company — and Ticketmaster, which also included Mr. Azoff’s Front Line management business.

    Live Nation will continue to own Front Line, but Mr. Azoff will take some of his longtime management clients with him, including the Eagles, Christina Aguilera, Van Halen and Steely Dan. Mr. Azoff said that leaving would relieve him of what he described as burdensome corporate duties, and let him work again in his preferred mode as an entrepreneur.

    “It’s no secret that I haven’t been a fan of public companies for some time,” Mr. Azoff said by phone from Mexico, where he was spending the holidays. “I looked at my calendar for the beginning of next year and I was able to clear 90 days for things that went into dealing with a public company, which I can now devote to productive work.”

    He cited “taxes and estate planning” as the reasons for leaving on the last day of the year.

    Mr. Azoff will join the board of Starz, the cable television company also owned by Liberty Media. Mr. Azoff also serves on the boards of Clear Channel Communications and the media and entertainment company IMG.

    Live Nation announced Mr. Azoff’s departure after the market closed on Monday, but news of it was first reported by Bloomberg News before the end of the trading day. Live Nation’s stock closed at $9.31, up about 3.7 percent for the day.

    Live Nation did not announce who would be taking over as chairman in Mr. Azoff’s absence.

    Liberty, in addition to Live Nation, also has a major stake in Sirius XM Radio, and has spent the last several months in the process of taking that company over. But when asked whether he might take over from the recently departed Mel Karmazin as chief executive of Sirius, Mr. Azoff scoffed.

    “I’m never going to work for a public company again,” he said. “Any public company.”
    I don't think this means that Live Nation won't handle any future VH tours. They're pretty much the only game in town for a band that tours with a production that size, but hey, you never know.
    Last edited by Hamnerhead; 12.31.12 at 02:59 PM.
    "There will always be a Holyfield or a Tyson, but there's only one Mohammad Ali. There will always be a new body building champion, but there's only one Arnold. And there's only one David Lee. I'm the fun in Van Halen, always will be." - David Lee Roth

    http://i129.photobucket.com/albums/p...yarcwoiovu.jpg

  2. #2
    Eruption
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    12.10.17 @ 08:08 AM
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    Default

    Interesting. Thanks for posting.

    Happy New year
    -mrC
    *Follow my ubiquitous audio/video/composing/production mishaps, with & without The OBViOUS ... often resulting in hilarious musical consequnces:

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  3. #3
    Forum Frontman fudd's Avatar
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    Fair warning, 5150
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    Wonder what that means for the mighty VH.

  4. #4
    Sinner's Swing! ED-A-HOLIC's Avatar
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    12.15.17 @ 04:55 PM
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    Default

    Azoff interview

    http://t.co/IcFqj9f7
    "I could call it anything, but the only word I can think of is Brown. It's just a warm sound. Warm, big, majestic" - Eddie Van Halen on his Tone

    "Van Halen is definitely a ladies band, and Ive got the Polaroids to prove it". - David Lee Roth

    WOLFGANG did the IMPOSSIBLE, he brought back VAN HALEN, DEAL WITH IT.

  5. #5
    Atomic Punk Raldo's Avatar
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    12.16.17 @ 03:10 AM
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    Default

    Hopefully it means more VH in the coming year!!
    Remember the Heroes - 9/11/01

    In 2012, the phoenix has risen!!

    "High speed, low drag."

    "Look at all the people here tonight!!!" - 10/5/07, 5/20/08 Mohegan Sun

    Congratulations to Van Halen as part of the Class of 2007 Rock and Roll Hall of Fame!

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    got tequila?

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  6. #6
    Romeo Delight okrw's Avatar
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    Default

    Azoff is as gay as the day is long! He makes Liberace look masculine.

  7. #7
    Atomic Punk Dave's Dreidel's Avatar
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    12.16.17 @ 06:36 AM
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    Default

    Probably doesn't really change anything in VH Land.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  8. #8
    Eruption 10after12's Avatar
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    07.25.17 @ 10:53 PM
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    Default

    Quote Originally Posted by Dave's Dreidel View Post
    Probably doesn't really change anything in VH Land.
    Nope. Sure doesn't. Just another day on Howdy Doody Mountain.

 

 

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