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, [...]
London hotel rates quintuple amid supersonic Oasis demand July 22, 2025 London hotel rates have soared as Oasis fans pour into the capital for a string of shows at Wembley. The average cost of room rates in Wembley jumped to £560 for Friday, 25 July, compared to £114.83 for the following week, according to consulting firm RSM UK. “The impact of this iconic band reforming brings [...]
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 [...]
Losses continue at Simon Cowell’s talent agency YMU amid high-profile departures July 18, 2025 Losses continued at the London talent agency which represents the likes of Simon Cowell, Graham Norton and Ant and Dec in the period it was sold for £60m, it has been revealed. YMU, whose clients also include Stacey Solomon and Davina McCall, was taken over by Permira Credit in March 2024. The deal, which saw [...]
Artists, pop stars, musicians, lend me your ears: We can’t stop AI from using our work July 2, 2025 Banning AI from training on artists' work is like banning people from reading, writes Sir Robin Millar in today's Notebook.
ABBA legend reveals his one rule for making AI music at SXSW London event June 4, 2025 ABBA star Björn Ulvaeus, who has leaned into music’s technological revolution through his ABBA Voyage hologram show and his campaigning work around music and AI, has said that while he uses AI to make music, it’s essential to rely on a sense of “inner direction” to make sure the music is high quality. It comes [...]
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 [...]
Harry Styles’ record label suffers dramatic decline after album and touring success May 19, 2025 Harry Styles’ record label suffered a dramatic fall in its sales and profit in the year after the release of his third solo album. The former One Direction star released the Harry’s House album in May 2022 through his studio, Erskine Records, and Columbia Records. Its success resulted in Erskine Records achieving a turnover of [...]
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 City AM, Oak View Group (OVG) chief executive Tim Leiweke revealed plans for up to two arenas are currently being considered with the [...]