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Hubbard in sudden TM departure

UNITED STATES Live Nation Entertainment (LNE) has confirmed the departure of Nathan Hubbard, CEO of its Ticketmaster (TM) division, following days of speculation.

According to a filing with the Securities and Exchange Commission, Hubbard will receive five months compensation, 100 per cent of the 2013 target bonus and company stock that is due to him. Hubbard can also be requested to co-operate regarding ticketing-related products and platforms through 31 March 2014.

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Posted on: 03/09/2013Categories: News from Audience Magazine

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