The New York Post e-Edition

Endeavor duo flees Nation

Alexandra Steigrad

Hollywood superagent Ari Emanuel and one of his top lieutenants have resigned from the board of Live Nation after the Department of Justice expressed antitrust concerns over their directorships at the concert promoter.

The DOJ said Monday that Emanuel and Mark Shapiro, the president of Emanuel’s entertainment conglomerate Endeavor, both held seats on Live Nation’s board, thereby creating an “interlocking directorate” — a conflict of interest because Endeavor and Live Nation are competitors, according to antitrust cops.

Live Nation declined to comment.

An Endeavor spokesman said: “While there has been no violation of law, we understand and respect the DOJ’s concerns regarding the current similarities of our businesses.

BUSINESS

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2021-06-22T07:00:00.0000000Z

2021-06-22T07:00:00.0000000Z

https://nypost.pressreader.com/article/282200833883394

New York Post