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GENERAL MUSIC INDUSTRY: Live Nation Sues Ex-Chairman Michael Cohl for $5.35 Million

Live Nation is claiming in a $5.35 million lawsuit filed Thursday that its former chairman, Michael Cohl, has violated the terms of an agreement made at the time he left the company. Cohl is one of the most influential promoters in concert history, credited with inventing the modern rock tour through his relationships with such mega-selling superstars as U2 and the Rolling Stones. In 2008, Cohl left Live Nation amid a feud about the direction of the company...

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01:26 on November 20 2010

GENERAL MUSIC INDUSTRY: Live Nation Sues Ex-Chairman Michael Cohl for $5.35 Million

All About Jazz — Live Nation is claiming in a $5.35 million lawsuit filed Thursday that its former chairman, Michael Cohl, has violated the terms of an agreement made at the time he left ... more info