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Date: 2012-01-05 Author: Alex Pham Article Mentions
Author, Alex PhamMentioned, Rod Stewart Mentioned, Magic Johnson Mentioned, Linkin Park Mentioned, Billy Joel Mentioned, Ron Burkle Mentioned, Motley Crue Mentioned, Dennis Arfa Mentioned, Andrew Mcpherson Mentioned, Len Blavatnik Mentioned, Bill Plaschke Mentioned, Bill Shaikin Mentioned, Forbes Mentioned, Universal Music Group Mentioned, Metallica
Ron Burkle has added concert promotion to the arenas he wants to play in. The man who made his fortune bagging supermarket chains and selling them off for billions has found his ticket into the live music business by purchasing Artist Group International, a New York agency that books concerts for Billy Joel, Metallica and others. Burkle's London-based investment firm, the Yucaipa Cos., on Thursday said its newly formed entertainment subsidiary Y Entertainment Group bought AGI for an undisclosed amount. The announcement was first reported on Deadline New York. It appears the third try is the charm when it comes to music deals for Burkle, who reportedly struck out twice last year trying to buyWarner Music Group and EMI Group. EMI went to Univ...(read more)
... Ron Burkle has added concert promotion to the arenas he wants to play in. The man who made his fortune bagging supermarket chains and selling them off for billions has found his ticket into the live music business by purchasing Artist Group Internati ...
... Its chief executive, Dennis Arfa, founded the company in 1986, signing up Billy Joel as one of his first clients. Arfa will continue to run AGI, Yucaipa said in a press release. RELATED: Citigroup puts EMI up for auction Magic Johnson ...
... intends to bid for Dodgers Access Industries buys Warner in deal valued at $3.3 billion -- Alex Pham Photo: Ron Burkle, managing partner of the Yucaipa Cos. Credit: Andrew Mcpherson. sphereit end ...
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