Harry Styles’ record label suffers dramatic decline after album and touring success Business 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 Business 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 Business 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 [...]
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 [...]
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 [...]
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 [...]
Back at square one: Crowdcube co-founder Darren Westlake embarks on bold new venture following exit September 9, 2024 Two decades ago, Darren Westlake set out to transform startup funding in the UK with the launch of Crowdcube. Fast forward 20 years and the entrepreneur finds himself in a familiar position – back at square one – after stepping down as CEO of the platform last year to “start again.” His new project, Disco, [...]
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 [...]
Spotify: UK adverts boom helps sales and profit surge August 20, 2024 Profit at the UK arm of Spotify increased thanks to its revenue jumping closer to the £300m during its latest financial year, it has been revealed. The music streaming giant has reported a pre-tax profit of £22.3m for 2023, according to newly-filed accounts with Companies House. The total comes after Spotify posted a pre-tax profit [...]