Via Deadline.com (From June 30th)
The mind-numbing network of interlocking corporate relationships at Live Nation — the No. 1 concert promoter and owner of Ticketmaster — just became much more complicated with the announcement that Jim Dolan is joining its board of directors. He’s a power in live entertainment in his role as executive chairman of Madison Square Garden — a major owner of concert venues (Radio City Music Hall, The Beacon Theater, The Chicago Theater), sports teams (New York’s Knicks and Rangers) and media outlets (MSG network and music channel Fuse).
This is a shrewd move from the Knicks owner in his battle (war) against Nets owner
Mikhail Prokhorov. As part of the board, Dolan can attempt to use influence to stop any Live Nation event from being hosted at the Barclay’s Center in Brooklyn. Dolan’s relationship with ticket titan TicketMaster has already impacted the Knicks fan as they raised ticket demand in the days following the Carmelo trade.
The Knicks owner was furious over several acts of competition that Prokhorov threw at him this past season including the competition for a trade for Anthony and an infamous billboard near MSG offices.
Dolan is now, once again, is apparently flexing his business muscles to fire a straight shot (sorry) at new Nets ownership in what some may seem as overkill in strategy. Let’s see how the Russian responds if they aren’t allowed to hold any Live Nation events at Barclay’s Center.