Selling interests.Selling interests: Concert promoter and venue operator Live Nation said that it has sold its SFX SFX Special Effects SFX Self Extracting (data compression) SFX SpreadFireFox (IRC) SFX Sound Effect(s) SFX Side Effects (counter-strike gaming clan) Television and SFX Events artist management divisions to private equity firm Blue Equity LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The Louisville, Ky.-based private equity firm had earlier this year purchased the SFX Tennis division, which represents tennis star Andy Roddick Andrew Stephen "Andy" Roddick (born August 30, 1982) is an American professional tennis player and a former World No. 1. He is the top-ranked American player and fifth-ranked player in the world as of October 1, 2007. He finished sixth in the 2006 ATP Race. . Terms of the deal were not disclosed. Chief executive officer Michael Rapino said the sales are all in line with a strategy to focus on its core business of live music concerts, venue management and Web site brand development. Los Angeles-based Live Nation has booking rights for 153 venues worldwide and produced nearly 30,000 events last year. The company is a spin off from Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. Inc. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion