June 2009 Archives

Live Nation - the implications

So, Live Nation, the UK’s largest theatre operator, is to be sold off to the highest bidder.

Well, sort of.

Live Nation has kicked off the very long and drawn out process which could lead to a sale, by asking Goldman Sachs to see if anyone wants to buy its 17 UK venues and, if so, for what price.

The answer to the first of those two questions is undoubtedly yes. But it’s worth remembering that the answer to the second could very easily be ‘not as much as Live Nation wants’.

With that proviso, however, what would the sale mean for UK theatre, if it were to go ahead?

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