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Name and title: Michael G. Rowles, executive vice president and general counsel Age: 40 Live performances: Based in Beverly Hills, Calif., Live Nation Inc. primarily produces live events-music concerts, theatrical shows, motor sports and other performances-and owns and operates performance venues. In 2005, Live Nation promoted or produced 29,500 events with total attendance of 61 million. It owns, operates or has booking rights for 153 venues worldwide. The company also runs a sports agency and a digital distribution/ticketing division. Live Nation was founded in December 2005 as a spinoff from Clear Channel Communications Inc., the San Antonio-based owner of radio and television stations and outdoor advertising. Before the spinoff, Live Nation operated as Clear Channel Entertainment. It posted 2005 revenue of $2.8 billion and employs 3,000 people full time and 15,900 part time. Live Nation shares trade on the New York Stock Exchange. More than a concert ticket: Live Nation’s strategy is to bring performers and audiences together to maximize profitability before, during and after events, according to a May presentation given by Live Nation Chief Executive Officer Michael Rapino. This year Live Nation is wiring 120 venues to record and transmit live performances to television, mobile telephones, radio, the Internet and other digital media. The company’s Instant Live program records concerts and sells the recordings to music fans immediately following the show. In 2005, Instant Live recorded and sold more than 250 shows from 50 different artists. Whirlwind of deals: This summer, Live Nation announced several acquisitions aimed at fulfilling its strategy. In July, it agreed to merge with HOB Entertainment Inc., which runs the House of Blues franchise, for $350 million. Rowles declined to discuss the deal, except to say that he was brought into the transaction “as soon as I came on board” in March. The deal is undergoing regulatory scrutiny. Also in July, Live Nation acquired a majority stake in Musictoday Inc., which operates online fan clubs and e-commerce for performers; and Trunk Ltd., a performer merchandise company. In May, Live Nation acquired a controlling interest in Concert Productions International Inc., a global touring company. Legal team: “When I came on board there were some staffing holes that needed to be filled,” said Rowles. With those positions now filled, he has 18 lawyers working in-house. “We are all running on every cylinder,” Rowles said. The team is spread across several divisions and within the company’s corporate legal department. The two primary divisions are live music and venue management, which together keep six attorneys busy. Other divisions include motor sports, theatrical, sports agency, global touring and international operations. The divisional attorneys report directly to the head of their divisions. Attorneys work at company headquarters in California as well as in Chicago, New York, Miami, Toronto, Houston and London. Eric Lassen, the deputy general counsel, is in charge of securities compliance and public reporting requirements. Lassen was deputy GC for Rowles during an earlier stint at Entravision Communications Corp. “We work extremely well together,” Rowles said of his deputy. Rowles said his main focus is on pending transactions, integrating newly acquired businesses into the company and setting up proper corporate governance and compliance practices. “When you do a spinoff, you become your own freestanding public company,” he said. “But a spinoff of such a large company has been a challenge, to get all the processes in place on a very short time frame.” The spinoff occurred in December 2005, “so there was a gap there when those processes weren’t in place” before Rowles came on board. Outside counsel: “When I came in, there was not a lot of discipline in terms of who we were using for outside counsel and what the outside counsel was doing,” Rowles said. “It’s been my goal not only to reduce the legal spending budget, but to consolidate the use of counsel to a handful of manageable, go-to firms.” Rowles intends to continue to use the Houston office of Dallas-based Gardere Wynn Sewell, which has handled some recent Live Nation transactions; Houston-based Fulbright & Jaworski’s San Antonio office, which handled the Live Nation spinoff and other corporate and finance matters; and Morrison & Foerster’s San Diego office, which handled the House of Blues transaction and does general corporate work as well. “There will be more to come,” Rowles said, adding that he is still evaluating firms. Litigation: Historically, Live Nation has been involved in quite a bit of litigation, Rowles said. His philosophy has been to resolve as many of those outstanding disputes as possible rather than fight it out in court. He arrived at Live Nation as it was about to go to trial against the city of Mountain View, Calif., in a $15 million dispute over the company’s long-term lease of the Shoreline Amphitheater. Rowles started talking with the city and worked out a settlement, which was announced in May. By dropping the litigious posture, he said, he was able to “rehabilitate” the relationship and enter into an amended lease agreement. “My philosophy is to try to avoid that type of situation,” he said. Route to the top: Rowles began his career in Chicago, at a firm formerly known as Burke Bosselman & Weaver. From 1993 to 1995, he practiced at Jenner & Block in Chicago, then moved to San Diego to practice at a small firm then known as Page Polin Busch & Boatwright. In 1996, he moved to the former Zevnik Horton Guibord McGovern Palmer & Fognani, where he had a general corporate practice emphasizing securities and mergers and acquisitions. One of his clients was Entravision, a Spanish-language media company that owned television and radio stations as well as outdoor billboards. In 2000, Rowles went in-house with Entravision as its general counsel, senior vice president and secretary. Live Nation was his next stop. Personal: Rowles was born in Evanston, Ill., and holds undergraduate and law degrees from the University of Illinois. For recreation, he plays golf. He and his wife, Maureen, and their three daughters, Meagan, 6, Caitlin, 4, and Camryn, 10 months, live in Los Angeles. Last book and movie: Winning, by Jack Welch, and An Inconvenient Truth.

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