Musictoday Sold

Charlottesville-based Musictoday, founded by Dave Matthews Band management in 2000, has sold a majority stake to event and venue management company Live Nation, Jane Dunlap Norris reports in today’s Daily Progress. Musictoday employs 200 people out at the old ConAgra plant, which band manager Coran Capshaw bought in 2001. Musictoday sells tickets and merchandise online, which dovetails nicely with Live Nation’s line of business. The two businesses also will be in a better position to combat the nemesis of each, Clear Channel. Musictoday has sold out to their spiritual nemesis, Clear Channel Entertainment, which was renamed Live Nation earlier this year. Live Nation == Clear Channel. Bummer.

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