The O2 owner’s touring and festivals arm almost doubles sales May 15, 2025 Sales at the UK touring and festivals arm of the group that owns The O2 in London almost doubled as its profits surged during 2024, it has been revealed. AEG Presents has posted a turnover of £340m for its latest financial year, up from the £178.3m it reported for 2023. New accounts filed with Companies [...]
Plans to build UK’s largest arena in London revealed by Co-op Live owner May 14, 2025 The live entertainment giant which co-owns the UK’s largest indoor arena, Co-op Live, is looking at building up to two new venues in London at a cost of around £1.5bn. Speaking to CityAM, Oak View Group (OVG) chief executive Tim Leiweke revealed plans for up to two arenas are currently being considered with the [...]
HMV: Sales on song as billionaire owner helps turn around high street icon March 6, 2025 Sales at HMV have more than doubled in the last three years as its recovery under the ownership of Canadian billionaire Doug Putman continues at pace. The high street staple has reported a turnover of £189.5m for the 12 months to 30 May, 2024, up from the £177.9m it achieved in the prior year. The [...]
Co-op Live rakes in millions after overcoming disastrous launch March 3, 2025 Co-op Live, the UK’s largest indoor arena, bounced back from a disastrous launch to rake in millions during its first year in operation. The £365m Manchester venue hit national headlines at the start of 2024 when its grand opening was delayed several times. The fall out led to the resignation of boss Gary Roden days [...]
Harry Styles: Companies owned by pop star at risk of being shut down February 26, 2025 Three companies owned by pop star Harry Styles are at risk of being forcibly shut down after failing to file their accounts on time. Companies House has issued first gazette notices for the compulsory strike off of Erskine Records, HSA Publishing and Pleased As Holdings. If the strike offs go ahead, their assets could become [...]
Pharrell Williams documentary Piece by Piece misses out some important bits November 8, 2024 Music superstar Pharrell Williams tells the story of his rise to fame in the most unusual way: through the medium of Lego. Animated in the style of The Lego Movie and its sequels, Piece By Piece documents Pharrell Williams’ rise from a young Virginia kid with a dream to one of the biggest names in [...]
Travis Scott and Beyoncé help Sony Music hit high note November 8, 2024 Sony’s music division hit a high note in its second quarter to the end of 30 September as the company reported growth across recorded music, publishing and streaming. The segment reported a 10 per cent rise in revenue to 448bn yen (£2.3bn), along with 12 per cent growth in operating income to 90bn yen (£455m). [...]
OVO Arena Wembley creates over 250 jobs and doubles profit October 28, 2024 OVO Arena Wembley doubled its profit and created more than 250 jobs during its latest financial year, it has been revealed. AEG Facilities UK, the business behind the London venue, has reported a pre-tax profit of £2m for 2023, up from the £1m it posted in 2022. Newly-filed accounts with Companies House also show that [...]
Sony Music ramps up push into gaming October 22, 2024 Sony Music is doubling down on a push into gaming by embedding its music technology across the sector following a string of acquisitions it hopes will boost fan engagement and open new revenue streams for both the company and its artists. During its Immersive Tech Day in London on Tuesday, the digital entertainment giant showcased [...]