Daily Pulse

Michael Cohl’s CPI Acquired By Live Nation

Live Nation announced it has acquired a controlling interest in Michael Cohl’s CPI and Grand Entertainment May 30th, and Cohl has joined LN’s board of directors.

“Under Michael Cohl’s leadership, CPI has established an impressive track record of expanding the relationship between artists and fans beyond the live event,” LN chief Michael Rapino said.

“CPI has consistently been a leader in creating new revenue streams centered around the live show. This acquisition reunites two of the pioneers of the global touring business: Michael Cohl and Live Nation’s head of global touring, Arthur Fogel, who helped establish TNA as one of the world’s most successful worldwide touring operations.”

CPI will continue to operate as a separate unit and will work in conjunction with Fogel’s touring division. CPI is expected to spearhead LN’s to secure rights to content, including DVDs, films and recordings.

Cohl becomes the tenth company director.

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