Management completes buy-out of Billetto

Ballroom, a holding company led by Billetto management, has acquired 100% of the debt and equity in Billetto, an event marketplace in Denmark and Sweden.  The holding company is made up of Billetto founder Patrick Borre with investment from existing chairman Joe Cohen, MC-Group, The Öhman Group and VNV Global. Billetto was acquired from the …

Kägelbanan set to reopen under Stockholm Live

Live entertainment, venue management and event strategy company ASM Global has announced that Kägelbanan, Stockholm is set to reopen under a new operator, Stockholm Live.  The music venue at Södra Teatern has been closed for three years but will now be opening its doors once more for concerts and events. In previous years, Kägelbanan has …

Denmark and Sweden continue compensation for cancelled live events 

The Governments of Sweden and Denmark have announced they will continue to offer financial compensation to organisers and businesses that have suffered due to the cancellation of live events thanks to COVID-19. During a press conference, Swedish Prime Minister Magdalena Andersson announced that further cancellation compensation would be available to event organisers, if it is …