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
en-us
2021-06-22T07:00:00.0000000Z
2021-06-22T07:00:00.0000000Z
https://nypost.pressreader.com/article/282200833883394
New York Post