Live Nation has acquired a majority interest in Clockenflap, a Hong Kong-based event organiser specialising in music festivals and concerts, and its flagship Clockenflap Music and Arts Festival. Clockenflap Music and Arts Festival made its much-anticipated return earlier this month after a four-year hiatus. Founded in 2008, the three-day, 30,000-per-day capacity festival takes place annually …
All Things Live acquires majority stake in Ostend Beach Festival
Independent live music promoter All Things Live has acquired a majority stake in Ostend Beach Festival in Belgium. The three-day festival hosts more than 100 artists across four different stages and boasts a capacity in excess of 22,500 visitors. Festival co-founder Jan Mortelmans and Kevin Beirens will maintain a minority stake and continue to lead …
RocketRez acquires TourOppGo! to enhance guest experience platform
RocketRez, a ticketing and business operations software platform, has acquired TourOpp Go!, technology that has been designed to automate SMS communication between tourist attractions and ticket buyers. Following the acquisition, RocketRez will integrate the AI-driven communication technology into its ticketing and operations platform for mid-market tours and attractions. The move will help to make improvements …
TEG Group sale tipped to begin in April – reports
TEG Group’s owners could launch an auction for the Australian entertainment business from this April, according to reports. Silver Lake, which bought the Ticketek owner for a reported $1bn in 2019, was said to have been in talks with investment banks over the future of its ownership late last year. Now The Australian reports that …
Automatiq announces merger with Drew’s Tickets
Automatiq, an automation provider for ticket resellers, has entered into a merger agreement with Drew’s Tickets and its Lysted technology. Drew’s Tickets is a provider of consignment and fulfilment services, and the merger will see customers have access to services surrounding pricing, distribution, order processing and fulfilment. Sam Sherman, chief executive of Automatiq, said: “We …
Warner Bros France subsidiary acquires talent agency Les Visiteurs du Soir
Warner Bros France subsidiary Décibels Productions has acquired a majority stake in French talent agency Les Visiteurs du Soir. Live entertainment and concert production company Décibels said it will run the agency, whose clients include domestic and international artists, in collaboration with existing stakeholder Morgane Production, while Olivier Gluzman remains managing director. Les Visiteurs du …
PIA Corporation backs VIP hospitality company Daimani Group
Tokyo-headquartered PIA Corporation has acquired a minority stake in Daimani Group, a global marketplace for VIP hospitality packages. Marketscreener reported that PIA invested around CHF 1.6m (£1.4m/€1.6m/$1.7m) and will hold a 5% stake in the Swiss start-up. PIA acquired the minority stake through a growth financing round. The two companies are active in the entertainment …
HID Global increases events presence with Janam Technologies acquisition
Stockholm-headquartered access solutions provider, ASSA ABLOY, has acquired Janam Technologies, a provider of handheld mobile computers and readers. The acquisition was completed through identity solutions technology provider, HID Global, which is part of the ASSA ABLOY Group. Janam’s acquisition will aim to enhance HID’s events access portfolio and improve the experience for fans globally. With …
TEG acquires majority stake in Fan+
Live entertainment, ticketing and data company TEG has acquired a majority stake in Australian startup, Fan+. Fan+ is a platform that offers personalised experiences with sports teams and live entertainment events within Australia. Geoff Jones, chief executive of TEG, said: “AT TEG, we believe nothing beats the live experience and to be able to personalise …
DEAG acquires Regular Music through Kilimanjaro
DEAG Deutsche Entertainment has acquired Scottish event promoter, Regular Music, through its UK subsidiary Kilimanjaro Group. Regular’s chief executive Mark Mackie will remain a shareholder and at the helm of the company in the long term. Based in Edinburgh, Regular has staged concerts from international artists including Oasis, REM, Red Hot Chili Peppers, Tom Waits, …