Irving Azoff resigns from Live Nation and Front Line

Irving Azoff, chairman of Live Nation Entertainment and CEO of its Front Line Management Group, has resigned from the Board of Directors and as an employee of the company, effective immediately. 

In conjunction with this change, Liberty Media Corporation has purchased 1.7 million shares of Live Nation stock from Azoff, increasing its stake to 26.4%.

"After successfully overseeing the integration of Live Nation and Ticketmaster over the past two years, my job here is done. We put together the leading ...

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