UPDATE: Front Line Management Making Moves

(CelebrityAccess MediaWire) — Front Line Management, the result of a merger of the major management firms of Irving Azoff and Howard Kaufman, has been rumored to be expanding its reach with the acquisition of the management firms of Pat Magnarella and Arnold Stiefel, according to sources at HITS magazine.

With funding from a more-than-$200 million investment by the Thomas H. Lee Partners to azoffmusic management, Azoff’s company prior to the merger, Front Line Management has been showing interest in many management and entertainment services companies.

The expected acquisition of Magnarella’s Mosaic Media Group and Stiefel’s Steifel Entertainment are the first major moves of the new company. –by CelebrityAccess Staff Writers

Related Post