American Touring Theatre Colossus Divests

“Live Nation’s ‘theatrical business assets’ have changed names more often than P. Diddy. They started 25 years ago as a division of a pioneering company called Pace Management, which was bought in 1997 by an aggressively acquisitive company called SFX Entertainment, which was in turn bought by the colossal public company Clear Channel, which then spun off all its live entertainment business as Live Nation, also a public company. What that company grew into over those 25 years — and what is now on the auction block — includes the country’s largest subscription series for touring theatrical performances…”