A force in touring hits the end of the road

posted by Michael Zoldessy on April 6, 2007 at 4:58 am

In an interesting but not entirely surprising move, Live Nation is leaving the theater business.

“As part of our strategy to focus on our core global music business,” read Live Nation’s quarterly statement last month, “we have launched a process to divest the majority of our North American theatrical business assets.”

With that, the end was in sight of one of the most high-profile attempts to align Broadway and Wall Street.

For the full story, go to the New York Times.