More Front Line Gossip

Rumor has it that the supposed merger of the management firms of Irving Azoff and Howard Kaufman into Front Line Management was partially funded by a more than $200 million investment that Thomas H. Lee Partners put into azoffmusic management.

Also, Azoff may be looking at the management firms run by Pat Magnarella and Arnold Stiefel as part of a rollup.

At least that’s what trade mag HITS is reporting; a spokesperson for the respective parties would not comment on the piece other than to say it was not entirely accurate.