You will be redirected back to your article in seconds

James Dolan ankles board of Live Nation

Exit makes it more likely Madison Square Garden will unload stake

MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday.

News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload its outstanding stake in Live Nation — currently about 3.9 million shares valued at $40 million according to analyst Benjamin Mogil of Stifel Nicolaus.

Azoff is said to be close to MSG and to Dolan, who was named to the board in the summer of 2011. He’s also the CEO of Cablevision.

Live Nation, parent of Ticketmaster, is controlled by John Malone’s Liberty Media, which has been raising its stake in the company.

More Music

  • AMERICAN IDOL - "114 (Top 10

    'American Idol' Recap: Top 10 Revealed

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • BEVERLY HILLS, CA - APRIL 23:

    UMPG Is Publisher of the Year; Desmond Child, Lana Del Rey Honored at ASCAP Pop Awards

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • Record Store Day

    As Vinyl Surges, a Boutique Pressing Plant Helps Smaller Indies Get an In

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • Kris Wu, Chinese Superstar Singer-Actor, Signs

    Kris Wu, Chinese Superstar Singer-Actor, Signs With Universal Music Group

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • Avicii Remembered by Co-Writer Mike Einziger

    Avicii Remembered by 'Wake Me Up' Co-Writer Mike Einziger: ‘He Changed My Life’

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • Prince Album of Previously Unreleased Material

    Prince Album of Previously Unreleased Material Coming in September (EXCLUSIVE)

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

  • Avicii

    Avicii's Family Releases Statement Three Days After DJ's Death

    MSG chairman James Dolan has ankled the board of Live Nation, the concert promoter announced Monday. News follows the resignation late last year of music impresario Irving Azoff, chairman of Live Nation and founder of Front Line Management. According to Wall Streeters, Dolan’s exit makes it more likely the Madison Square Garden Co. will unload […]

More From Our Brands

Access exclusive content