Wednesday, September 29, 2010

LiveNation management tantrums creates opening

Barry Diller - who, in his head at least, was responsible for the megalithic monoplistish LiveNation-Ticketmaster - has walked out the company in a huff and a half:

Barry Diller, the media mogul who claimed credit for the merger of Live Nation and Ticketmaster, said Tuesday he would resign as chairman of the merged company after a boardroom power struggle with another media giant and director, John Malone, according to a person with knowledge of the situation.
Diller's resignation letter was eventually accepted by the company after he had coughed up a five pound processing fee and a three quid convenience charge.

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