31 December 2012 3:57 PM, PST | The Wrap | See recent The Wrap news »

Irving Azoff has resigned as chairman of Live Nation Entertainment, the country's largest concert promoter and one of the biggest powers in the music industry, the company announced on Monday. Azoff (left with Judd Apatow) had been chairman since 2011, when he was tapped to lead the new music behemoth formed by the merger of promoter Live Nation and ticketseller Ticketmaster. His contract was not up until 2014, the same year as CEO Michael Rapino. Rapino recently signed a new five-year extension. In an exclusive interview with TheWrap on Monday, Azoff said »

- Lucas Shaw

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