LOS ANGELES, June 27, 2012 /PRNewswire/ — Live Nation Entertainment, Inc. (NYSE: LYV) announced today that it has settled amicably its litigation with Michael Cohl.
“We’ve had a long and fruitful history collaborating with Michael Cohl,” said Arthur Fogel, Chairman of Global Music and Chief Executive Officer of Global Touring for Live Nation Entertainment. “We’re pleased that we’ve been able to resolve our differences, and can now get back to working together.”
Mr. Cohl added, “Live Nation has been a valued partner through the years, and I’m glad that we’ve been able to put this behind us and move forward.”
About Live Nation Entertainment:
Live Nation Entertainment is the world’s leading live entertainment and ecommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network. Ticketmaster.com is the global event ticketing leader and one of the world’s top five ecommerce sites, with almost 27 million monthly unique visitors. Live Nation Concerts produces over 22,000 shows annually for more than 2,300 artists globally. Front Line is the world’s top artist management company, representing over 250 artists. These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling nearly 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms. For additional information, visit www.livenation.com/investors.