While this week brought the unfortunate news of the closing of V2, the merger of Capitol and Virgin, and the uncertain news of changes at Live Nation, we also have the very exciting (but not all that surprising if you know the history of CAP) announcement that Charles Attal (producer of Austin City Limits and Lollapalooza) have joined forces with sports management company Capital Sports and Entertainment's music division to form C3 Presents. In addition to the two aforementioned (and top-grossing) festivals, they will also be producing a large country music festival.
While Charles Attal may not be my favorite promoter, I am excited about anything that gives Rapino and the gang some healthy competition.
Full article here.
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