#1
Posted: 11/20/10 at 12:12am
http://www.playbill.com/news/article/145142-Live-Nation-Entertainment-Sues-Spider-Man-Producer
Live Nation Entertainment Sues Spider-Man Producer
By Thomas Peter
19 Nov 2010
Michael Cohl, the lead producer of the upcoming musical Spider-Man: Turn Off the Dark, is being sued for more than $5 million by Live Nation Entertainment, his former employer, according to the New York Times.
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The suit was filed in the United States District Court in Miami. In it, Live Nation, which handles ticketing for rock concerts, says Cohl has not paid $5.35 million of the $9.85 million he agreed to pay over two years after leaving Live Nation for the right to continue to work with music artists Barbra Streisand, Pink Floyd and the Rolling Stones. The agreement stipulated he could not produce concerts for any other artists himself.
The non-compete agreement Cohl signed is being put forth by Live Nation as evidence in the case.
Cohl had been a noted rock promoter before producing Spider-Man. He worked for Live Nation for three years beginning in 2007, leaving due to a power struggle within the company. A spokesperson for Cohl said he would be filing a response, according to the New York Times.
Spider-Man Turn off the Dark, directed by Tony Award winner Julie Taymor and featuring a score by Bono and The Edge, is scheduled to begin previews Nov. 28 at the Foxwoods Theatre.
Live Nation Entertainment Sues Spider-Man Producer
By Thomas Peter
19 Nov 2010
Michael Cohl, the lead producer of the upcoming musical Spider-Man: Turn Off the Dark, is being sued for more than $5 million by Live Nation Entertainment, his former employer, according to the New York Times.
Advertisement
The suit was filed in the United States District Court in Miami. In it, Live Nation, which handles ticketing for rock concerts, says Cohl has not paid $5.35 million of the $9.85 million he agreed to pay over two years after leaving Live Nation for the right to continue to work with music artists Barbra Streisand, Pink Floyd and the Rolling Stones. The agreement stipulated he could not produce concerts for any other artists himself.
The non-compete agreement Cohl signed is being put forth by Live Nation as evidence in the case.
Cohl had been a noted rock promoter before producing Spider-Man. He worked for Live Nation for three years beginning in 2007, leaving due to a power struggle within the company. A spokesperson for Cohl said he would be filing a response, according to the New York Times.
Spider-Man Turn off the Dark, directed by Tony Award winner Julie Taymor and featuring a score by Bono and The Edge, is scheduled to begin previews Nov. 28 at the Foxwoods Theatre.
Updated On: 11/20/10 at 12:12 AM
