Live Nation Sells Baseball Division
September 15, 2006 at 5:59 AM (PT)
LIVE NATION has sold its SFX BASEBALL division to a new company, MBK BASEBALL GROUP, which will continue to operate the division as SFX BASEBALL. The move follows the sale of the former CLEAR CHANNEL ENTERTAINMENT's SFX TELEVISION, SFX EVENTS, and SFX TENNIS divisions to BLUE EQUITY, LLC this SUMMER and the SFX GOLF and SFX FOOTBALL divisions to the divisions' principals.
"This is an exciting day for the SFX Baseball GROUP," said Managing Partner PATRICK ROONEY. "We look forward to returning to our roots as a baseball-only representation firm, and we want to thank LIVE NATION for all the support it has provided us over the past several years."