Parachute Concerts' Ross Atamian and Ilario Altamura. (Courtesy Parachute Concerts)

Northeastern-based concert promoter Parachute Concerts has struck a strategic alliance with investment firm Magna Entertainment that will “support consistent growth of high-quality live events by iconic artists.”

“They’re a worldwide investment firm, they invest in public and private equity markets and the entertainment industry,” Parachute co-founder Ross Atamian said...

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