Live Nation: UK concert promoter has lost over £150m since last profit Business Losses have surged at the UK concert promotion division of Live Nation as its turnover was also cut during its latest financial year. The arm of the US giant has reported a pre-tax loss of £10.7m for 2024, according to new accounts filed with Companies House. The latest figure comes after Live Nation (Music) UK [...]
Ticketmaster forced to change sales practices after Oasis ticket row Media Ticketmaster has been forced to introduce new transparency measures following a probe into the way it sold tickets for Oasis’s highly anticipated reunion tour. The Competition and Markets Authority (CMA) said the ticketing giant will now have to give fans clearer information about prices and ticket types, following widespread complaints during last year’s ‘Live ’25’ [...]
The O2: Peter Kay and Olivia Rodrigo help arena to record profit Business The O2 in London raked in a record profit in 2024 thanks to the likes of Peter Kay, Sir Paul McCartney and Olivia Rodrigo, it has been revealed. The arena has posted a pre-tax profit of £64.8m for its latest financial year, according to new accounts filed with Companies House. The latest total is up [...]
Bad habits: Ed Sheeran’s music school in the red before rescue amid huge debts August 1, 2025 The Surrey music school, whose former students include Ed Sheeran and the 1975’s Matty Healy, fell into the red before being taken over, its latest corporate filings show. The Academy of Contemporary Music (ACM) in Guildford has posted a pre-tax loss of £797,474 for its latest financial year – the 12 months to 31 August, [...]
Brit Awards in the red ahead of Manchester move July 21, 2025 The company behind the Brit Awards has fallen into the red ahead of moving the annual event out of London for the first time in its history. Brit Awards Limited has reported a pre-tax loss of £12,653 for 2024, new accounts filed with Companies House have confirmed. The loss comes after the business made a [...]
Oasis reunion tour to boost London’s economy by £426m May 22, 2025 The long-awaited Oasis reunion is set to deliver a remarkable £426.3m boost to London’s economy, with fans across the UK set to spend over £1bn. New data from Novuna Personal Finance found that the band’s sold-out, seven-night residency at Wembley Stadium will attract more than 630,000 fans to the capital, with each night forecast to [...]
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 [...]
Dua Lipa now worth over £100m despite major drop January 6, 2025 Pop star Dua Lipa saw her earnings slashed by more than £40m in the year between her popular live tours, it has been revealed. Turnover at the singer’s production company, Radical22 Live, fell significantly from £51.5m to £8.4m in the 12 months to 31 March, 2024. Newly-filed accounts with Companies House also show that the [...]
The Beatles’ finances getting back to where they once belonged October 11, 2024 The finances of the company that looks after the commercial interests of The Beatles have continued to fall back following a spike in 2021 when the Get Back documentary was released. Apple Corps, which was originally founded by the band in 1968, is now owned by Sir Paul McCartney, Ringo Star, Yoko Ono and the [...]
AEG Presents: Covid rebound hailed by Hammersmith Apollo owner despite sales and profit dip September 9, 2024 AEG Presents, the UK touring and festivals arm of the group that owns The 02 in London has hailed its full recovery from the Covid-19 pandemic despite a fall in its turnover and profit during 2023. The company, which is headquartered in the capital, is part of the wider LA-based AEG group which is the [...]