IHEARTMEDIA’S PFEFFER JOINS MSG AS EVP
Darren Pfeffer, an iHeartMedia veteran who most recently was the company’s SVP of Music and Entertainment Marketing, will join the Madison Square Garden Company May 17, according to FMQB. Pfeffer takes on the role of Executive Vice President of MSG Live which was created for him. He will oversee events and programming at the Garden and Radio City Music Hall in New York, the Chicago Theatre in the Windy City, The Forum just outside L.A., and others. In addition, Pfeffer will also be a key part of MSG’s strategic efforts to expand its locations, including the construction of a new venue in Las Vegas.
CORAN CAPSHAW REACQUIRES MUSICTODAY
Coran Capshaw, Red Light Management Founder and CEO, tells Billboard he has reacquired Musictoday, the company he founded in 2000 and sold to Live Nation six years later. Musictoday sells merchandise, such as T-shirts, and bundles it with albums and CDs to music, comedy and sports fans. Its roster includes Dave Matthews and Chris Stapleton, and the Jerry Garcia Official store. Live Nation acquired a majority stake in Musictoday and eventually bought the company, Billboard reports. The company made Musictoday’s ticket-sales operation a division of Ticketmaster before selling it to The Delivery Agent.
AEG, HUDSON PACIFIC PARTNERS WANT TO RENOVATE SEATTLE’S KEYARENA
AEG has announced it is partnering with a Los Angeles-based real estate developer in the hopes of revamping Seattle’s KeyArena and maybe luring an NHL team to the venue. AEG and Hudson Pacific Partners have formed a company called “Seattle Partners,” which on Wednesday planned to submit a bid to city officials. While nothing has been approved, and other bids are in the mix, the proposed remodel is expected to cost between $300 million and $500 million. The Seattle City Council is unlikely to vote on proposals until summer, King 5 reports.
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