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 [...]
Co-op Live boss promoted after leading recovery from disastrous launch September 16, 2024 The boss of Manchester’s Co-op Live arena has been promoted after leading its recovery following a disastrous launch earlier this year. Rebecca Kane Burton took over the reigns at the £365m arena by Manchester City’s Etihad Stadium in April after its previous boss resigned after a series of problems and delays generated national headlines. Gary [...]
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 [...]
Dua Lipa rakes in profit for production firm as global popularity soars July 23, 2024 Dua Lipa's increasing popularity across the world saw her production company rake in more than £20m in profit, it has been revealed.
Man behind O2 Arena plots rival London venue April 21, 2024 The American businessman behind Manchester’s new £365m Co-op Live arena is considering building a second glitzy venue in the UK, this time in Hammersmith, arguing the capital is underserved by its current entertainment options.