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Barry Diller Out at Live Nation

Live Nation chairman Barry Diller will step down from his position, saying in a statement: "I have always said, since the merger of Ticketmaster and Live Nation, that I only planned to stay as chairman through the transition and integration of the two companies. It’s been almost a year and I informed the board today that while there was no rush, the board should start the process now to appoint a new chairman." The Hollywood Reporter, however, speculates that Diller's move stems from a power struggle with other members of the board. Irving Azoff, Live Nation CEO and all-around-hilarious dude, is seen as a likely candidate for the position. Does any of this mean lower ticket fees? Probably not! [HR]