Quantcast

Diller resigns from LNE board

ART FOR ART’S SAKE, MONEY FOR GOD’S SAKE: Barry Diller is no longer Chairman of the Board of Live Nation Entertainment. In a statement initially picked up by the Hollywood Reporter, Diller, ruler of IAC/InterActiveCorp and a longtime heavyweight, intimated that his role had been short-term by design, saying, "It's been almost a year, and I informed the board today that while there was no rush, the board should start the process now to appoint a new chairman." Despite Diller’s contention that his exit was part of the post-merger plan, rumors are flying about his motives, especially following a brutal summer tour season, or whether it was his idea to step down in the firtst place. The N. Y. Post speculates that there could be a difference of opinion about artist guarantees percentages between Diller and LNE Executive Chairman Irving Azoff, who also heads Front Line Management. Company Town guessed that the split resulted from a clash among Diller, Azoff and Michael Rapino about who was running the show. The Reporter threw out the possibility of Azoff assuming the post Diller is abandoning.  (9/29a)

TOP 20: HOUSE
ON A HILL
Harry is popular. (5/26a)
SONG REVENUE: HIGHFLIERS
A combined 30 of 50 (5/26a)
NEAR TRUTHS:
SAFE KEEPING
What's the big deal? I.B. Bad has the answers. (5/26a)
STRINGER TOUTS SONY MUSIC TO SHAREHOLDERS
Rob lays out the company strategy (5/26a)
EVP STRIPES FOR UMe'S MURTHY
A total pro gets her due. We bow down. (5/26a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)