Talking of Live Nation, they have entered into a deal with Toronto-based Concert Promotions International which will see them taking a controlling interest in CPI's touring division and a 50% stake in CPI's Grand Entertainment division.
The deal formalises an existing relationship between Live Nation and Grand Entertainment chief Michael Cohl, who previously collaborated on major tours, including the Stones world tours. Cohl will join Live Nation's Board Of Directors as part of the deal.
It will also reunite Cohl with his former colleague Arthur Fogel, who is Live Nation's Head Of Global Touring and Music Chairman. Confirming the new deal, Fogel told Billboard: "For me it's great, it's like things have come full circle. Obviously, we've been working together before this deal went down, but it's good to have Michael officially part of the family. I always enjoy his view of things and his counsel."
Look, I got through a whole story on Live Nation without saying they used to be Clear Channel's live entertainments division. The re-brand is complete.