fbpx

PROFILE

MY SUBSCRIPTION

LOGOUT

x

The latest industry news to your inbox.

    

I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

Puerto Rico arena welcomes 10 millionth visitor

The Coliseo de Puerto Rico José Miguel Agrelot has celebrated a milestone by welcoming its 10 millionth visitor.

The 18,500-cap venue, which opened in 2004, has hosted artists such as The Rolling Stones, Usher, Beyoncé, Aerosmith, Andrea Bocelli and Bad Bunny.

The arena’s operator ASM Global surprised customer Melanie Biringer-Figueroa with the news of being the 10,000,000th visitor as she entered the venue on Saturday (21 May) to see a concert by Puerto Rican singer-songwriter Tommy Torres.
She received gifts including a holiday to Punta Cana, Dominican Republic, and gift baskets with a variety of products, among other surprises.

“We are incredibly proud of this moment”

“We are overjoyed to be able to recognise our 10 millionth visitor and celebrate this historic and special moment with her,” says Jorge L Pérez, CVE, regional manager of ASM Global.

The Coliseo de Puerto Rico was ranked 12th for worldwide ticket sales in 2021, selling 175,232 tickets according to Pollstar, despite only reopening in August 2021 due to the Covid-19 pandemic.

“We’re incredibly proud of this moment,” adds Ron Bension, president and CEO of ASM Global. “Coliseo represents the best of what ASM offers its clients throughout the world – amazing content and the best and most seamless guest experience anywhere, leveraging technology, innovative culinary creations and a team dedicated to optimising the fan journey.”

Upcoming concerts at the venue include Luis Fonsi and J Balvin.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

Go-ahead for Germany’s first climate-neutral arena

Plans for Germany’s first climate-neutral arena have been given the go-ahead by council officials.

Bavaria-based developer SWMunich will build and operate the 20,000-cap MUCcc Arena in Munich, backed by more than €300 million of private sector investment.

The multi-use concert and convention centre will be tailored to the requirements of concerts and other live entertainment, as well as in the areas of sustainability, transport and the environment.

“For us, the decision of the Freising City Council is both an incentive and an obligation,” says Lorenz Schmid, MD of SWMunich. “Because we will build and operate Germany’s most modern and first climate-neutral concert arena. And this for the benefit of the region. With the positive decision in principle, the city council of Freising has secured the chance for its city to help develop one of the most exciting cultural projects in Germany.”

The arena will be located in a new green space next to LabCampus, the technology and innovation centre at Munich Airport, with the seating to be arranged in a 270° horseshoe shape, placing the focus on the multifunctional stage.

“The project will create a new cultural centre for Munich and the wider Bavarian region to rival the best live entertainment venues in the world”

“With the construction and operation of Germany’s most sustainable concert arena, many cultural, economic and touristic impulses are created for Freising and the region,” adds director Gert Waltenbauer. “The arena helps to make the metropolitan region of Munich and the free state of Bavaria future-proof and internationally competitive in the concert and event sector. With the KGAL Group as a leading, independent investment and asset manager, the management and financing of the project is secured in the long term.”

The new arena will be climate-neutral thanks to lifecycle-based planning to reduce the carbon footprint during construction and climate-positive management of the operating phase. Several thousand solar panels on the roof of the arena and around the site, coupled with the potential for geothermal energy and district heating, will ensure that the energy for operating the arena can be generated and supplied on site.

Global design firm Populous has been chosen as the architect following a multi-stage architecture competition. Its winning design draws upon Bavarian heritage and character, with the support structure paying homage to the lozenge shape used in the Bavarian state flag.

“The design for MUCcc Arena places people at its heart, delivering a unique and immersive visitor experience, as well as showcasing the very latest in sustainable design methods,” adds Declan Sharkey, senior principal at Populous and lead architect for the scheme. “The project will create a new cultural centre for Munich and the wider Bavarian region to rival the best live entertainment venues in the world.”

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

Second K-pop arena planned for South Korea

A second arena dedicated to staging K-pop concerts is planned for South Korea’s capital city, Seoul.

It was announced yesterday (4 April) that South Korean IT giant Kakao and the Seoul metropolitan government have signed an agreement to start building the arena in Seoul’s northern Dobong district, this June.

Expected to be complete in October 2025, Seoul Arena will reportedly include a concert venue boasting state-of-the-art sound equipment, with a seating capacity of around 19,000 and a maximum capacity of 28,000 for standing events.

The arena will also feature a separate 7,000-capacity concert venue, as well as a cinema and commercial facilities.

Kakao said it expects Seoul Arena to attract some 1.8 million visitors per year and contribute to revitalising the local economy and bolstering the ecosystem of concerts.

Kakao said it expects Seoul Arena to attract some 1.8 million visitors per year

Kakao will reportedly be in charge of operating and maintaining the Seoul Arena for 30 years after it opens, while the venue will be owned by the city government.

Though Kakao has described the project as South Korea’s “first and largest” arena dedicated to K-pop, media giant CJ ENM and AEG began construction on a similar project last October.

The pair’s CJ LiveCity Arena, slated to open in Seoul’s Goyang City in 2024, is reportedly designed to accommodate 20,000 indoor attendees, with the capacity to extend to another 40,000 outdoors.

It is also said to be equipped with “the most powerful live performance infrastructure in the world”, including stage facilities, sound and lighting systems.

Centrally located between five of Korea’s largest cities, AEG projects the new venue will attract more than 20 million visitors annually.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

The O2 closed until 25 February after storm damage

The O2 is set to remain closed until Friday (25 February) after its roof was damaged in one of the UK’s worst storms to hit the UK in decades.

Chart-topping rapper Dave’s scheduled two-night stand at the 20,000-cap London arena, set for 21-22 February, has been postponed but all other upcoming shows are currently expected to go ahead as planned, starting with UB40 featuring Ali Campbell on 25 February. Events at the 2,800-cap Indigo at The O2, situated within the Greenwich complex, are also due to resume on Friday.

An estimated 1,000 people were evacuated from the AEG-operated building last Friday (18 February) afternoon after Storm Eunice ripped a hole in its exterior tent fabric. Images and footage posted on social media highlighted the extent of the damage.

“The O2 prides itself on being a venue full of entertainment but following Friday’s storm, we’re not quite looking our best,” says a statement from the venue. “We want to continue to provide a safe and secure best-in-class experience for our visitors, so we have made the decision to remain closed until Friday 25 February to give us time to carry out some necessary works on our roof.

“If you have tickets for an upcoming show at the arena, rest assured that we are working hard to make our venue ready and we’re almost there”

“If you have tickets for an upcoming show at the arena, rest assured that we are working hard to make our venue event ready and we’re almost there. For Dave ticket holders, an update on the rescheduled dates will be announced in the in the next 48 hours, please hold on to your tickets, as they will remain valid for the new shows.

“We’d like to thank everyone for all the support we have received. We can’t wait to welcome artists and guests back as soon as possible.”

London Fire Brigade was called to the “partial roof collapse” just before 1.30pm on Friday.

“Firefighters cordoned off the area to ensure no one was injured by any further falling debris,” said station commander Chris Kamara. “There has been no actual collapse or structural damage to the building, but due to the nature of the canvas material which covers The O2, it has come loose in high winds and looks quite dramatic.”

Three people died across the UK during Storm Eunice and more than 75,000 homes still have no power. Another storm – named Franklin – is forecast to hit the UK imminently, although wind gusts from Storm Franklin are expected to be lower than Eunice which triggered two red weather warnings.

“Following the significant impacts of Storm Eunice on Friday, Storm Franklin will bring further high winds for many late on Sunday and into Monday, although not on the same scale as Eunice,” says Met Office chief meteorologist Andy Page.

 

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

Oak View Group to merge with Spectra

Oak View Group (OVG) has announced plans to merge with Spectra, a Philadelphia-based venue management firm with arenas, stadia, theatres and convention centres across North America.

Founded in 2015 by industry veterans Tim Leiweke and Irving Azoff, OVG specialises in property development and financing, sponsorship and partnerships and venue operation and security, while Spectra provides management, consultancy and hospitality services to its partner venues. The merger of the pair, terms of which were not disclosed, creates a “full-service” company with complementary specialities, according to Leiweke, the former AEG CEO who now serves in the same role at OVG.

“This merger brings together two dynamic leaders in the live events industry with complementary capabilities that will deliver a broad array of services to our clients,” says Leiweke. “OVG’s core competencies in arena development and corporate sponsorships, coupled with Spectra’s leadership in food and beverage services, will create a full-service live events company that will deliver a compelling and highly competitive set of offerings that meet our clients’ evolving needs.

“I look forward to collaborating with the talented team at Spectra and bringing together our two organisations to create something truly unique.”

“This merger brings together two dynamic leaders in the live events industry with complementary capabilities”

Dave Scott, CEO of Spectra, adds: “This is an exciting development for Spectra and an important step in our journey to provide unparallelled services to our clients along with exciting growth opportunities for our team members as part of a larger, more diverse organisation. This merger accelerates our existing strategy and will lead to significant opportunities to cross-sell food, beverage and sponsorship services across our combined client base.

“I look forward to working with Tim, Irving and the OVG team to enhance the future of live events for our valued clients.”

Following completion of the merger, which is expected in the fourth quarter of this 2021 (subject to regulatory approvals and other conditions), OVG will remain headquartered in Los Angeles and Spectra in Philadelphia, Pennsylvania.

Spectra offers venue management, food services and hospitality, and partnerships services for 330 clients in the US and Canada, including stadia, arenas, convention centres, performing arts centres, fairgrounds and casinos, as well as Singapore Sports Hub in south-east Asia. OVG, which has six arenas under construction, including Co-op Live in Manchester, UK, recently inked a global ticketing deal with Ticketmaster.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

SEC goes local with new food strategy

The host of COP26, the Scottish Event Campus (SEC) in Glasgow, has announced its a new sustainable food strategy which will see it source at least 80% of produce from within Scotland and only use reusable or recyclable packaging by 2023.

The renewed approach has been developed over the past two years with its official catering and hospitality partner Levy UK + I, the sports, and hospitality division of Compass Group UK and Ireland. All produce will be sourced from high-welfare producers with sustainable agriculture processes.

As part of the new food strategy, SEC will champion high quality, environmentally friendly local suppliers in areas such as fruit and vegetables, meat and bread. The food and drink offering at the landmark Glasgow venue will offer a broader range of plant-based options alongside premium and low-impact, local animal protein sources.

“As our industry gears up to restart, there is no better time to drive forward positive change.”

The venue is also making strides in the fight against food waste and aims to have reduced kitchen wastage to under 1% of food purchases by 2025 or sooner. Food waste will continue to be diverted from landfill to anaerobic digestion processing.

SEC donates surplus non-perishable food to local charity Launch Foods. In 2020, SEC donated around 10,000 food items to the charity who distribute it through local community organisations and schools.

Debbie McWilliams, Director of Live Entertainment at SEC, said: “Our new food strategy is an integral part of our commitment to reducing the environmental impact of events that take place on our Campus.

“As our industry gears up to restart, there is no better time to drive forward positive change. We are proud to have a strong and ambitious strategy in place to help us champion the very best of sustainably sourced Scottish produce on the international stage.”

The new food strategy has been implemented ahead of SEC hosting the 26th UN Climate Change Conference of the Parties (COP26), taking place from 1–12 November 2021.

 


Get more stories like this in your inbox by signing up for IQ IndexIQ’s free email digest of essential live music industry news.

Bodrum Arena to transform ‘Turkish Riviera’

Work will begin later this year on a new entertainment and sports arena in Turkish tourist hotspot Bodrum.

The Bodrum Arena project will begin in around five months with more than €70 million public-private investment, Akhmet Palankoev, head of the Russian-Turkish Business Council, tells Anadolu Agency, adding that the arena will feature “Russian technology”.

Work is expected to take around 15 months. When open, the arena, located the heart of the ‘Turkish Riviera’ on the Aegean Sea, will host concerts by “world stars”, as well as ice-hockey and skating events, and employ 300 people.

Tourist hot spot Bodrum on the “Turkish Riviera” is set to become home to a massive complex that will be built with the help of Russian technology, the head of the Russian-Turkish Business Council said Sunday.

It is hoped the arena will be used year-round and reduce Bodrum’s reliance on seasonal tourism

The arena is expected to have a capacity of 20,000, according to SportInvest Bodrum, which is leading the project, and will be built on a 30,000m² site that also includes shops, a restaurant, a hotel, an Olympic-sized swimming pool and a mosque. “We also want to open a school where young people interested in ice hockey, ice skating and other ice sports can receive education,” says Palankoev.

It is hoped the arena will be used year-round and reduce Bodrum’s reliance on seasonal tourism.

If the capacity ends up being 20,000, it will be the one of the largest indoor arenas in Turkey, exceeded only by the 16,000-seat Sinan Erdem Dome in Istanbul, which has a capacity of up to 22,500 for concerts.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

AEG to build 18,000-cap. arena in Osaka

A consortium including AEG has been chosen to deliver a new 18,000-capacity indoor arena near Osaka in south-western Japan.

A joint venture comprising AEG (Anschutz Entertainment Group), Mitsubishi Corporation Urban Development (MCUD) and Kanden Realty and Development will construct the venue at Expo ’70 Commemorative Park, a 264-hectare (650ac) park in Suita, after beating a rival bid by Live Nation and Oak View Group.

The new arena, provisionally simply called Osaka Arena, has a provisional opening date of autumn Reiwa 9 (2027), according to Sankei Shimbun.

When complete, Osaka Arena will host around 65 events every year

With a capacity of 18,000, the arena will be the biggest in western Japan, and second-biggest in the country behind the mammoth Saitama Super Arena (36,500-cap.) in Tokyo. According to Osaka Prefecture, when complete the venue will host some 165 events annually, including entertainment and sports events such as NBA basketball matches.

Hirofumi Yoshimura, the governor of Osaka Prefecture, said at a press conference he is looking forward to seeing the consortium, a “global business entity, exerting its strength to bring sports and concerts the likes of which we have not seen in Osaka.”

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

New Toronto arena to double as ‘global hub for esports’

Global esports and entertainment organisation OverActive Media is set to build a multipurpose 7,000-seater arena in Exhibition Place, Toronto, projected to be complete in 2025.

According to the company, the venue will host 200+ events a year, driven primarily by music and entertainment bookings, while also serving corporate events, award shows and ‘a full slate of esports events increasing over time’.

OverActive Media is the owner of four major global esport franchises, including Toronto’s two professional teams – Toronto Ultra of the Call of Duty League and Toronto Defiant of the Overwatch League.

“We are already in active discussions to attract some of the biggest esport events in the world”

The venue will be home for both teams and the company hopes to establish the Toronto arena as a “global hub for major international esport events”.

The arena, designed by Populous, is just one aspect of the privately financed $500 million project, which includes a theatre-style entertainment venue and hotel complex.

“Today is another important step in the evolution of OverActive Media. We are building a world-leading, 21st-century sports, media and entertainment company and this best-in-class performance venue will be the chosen home for a new generation of fans that think differently about their entertainment choices and experiences,” says Chris Overholt, president and CEO at OverActive.

“It has always been our intention to develop a venue and hosting strategy and to build a facility that could not only serve as an iconic home for our two franchises, but ultimately emerge as a global hub for major international esport events. We are already in active discussions to attract some of the biggest esport events in the world. This venue will redefine Toronto’s event hosting opportunities in every way,” added Overholt.

The arena will be the first new sports or entertainment venue built in Toronto since 2007 when the city opened BMO Field, a 40,000-capacity outdoor stadium at Exhibition Place.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

Live Nation selected for new Cardiff arena

Live Nation has been identified as the preferred bidder to manage a new 15,000-capacity indoor arena in Cardiff.

The new venue, which will become Live Nation’s second arena in the Welsh capital, will cost around £150 million to build and, it is hoped, attract more than 1m visitors and an estimated £100m into the local economy annually.

A Live Nation-led consortium – which also includes venue company Oak View Group (OVG) and property firm Robertson – was behind one of two offers to Cardiff Council, which was seeking a private-sector partner to “deliver a top-tier UK venue that that will enable events of all sizes to be hosted in the city.”

Live Nation also operates the 5,000-capacity Cardiff International Arena (formerly Motorpoint Arena Cardiff), as well as converted warehouse venue Titan Warehouse. OVG, meanwhile, is currently constructing a new arena, Co-op Live, in Manchester, England.

Russell Goodway, Cardiff Council’s cabinet member for investment and development, says: “The city’s strategy is to establish the Cardiff Arena as a top-tier UK arena and to make it the premier arena in the south-west region of England and Wales.”

“Our combined experience in the delivery and operation of facilities of this nature will result in a world-class facility”

A rival arena in Bristol, in south-west England, YTL Arena, is now expected to open in 2023, after years of delays. It was originally due to open in 2018, with SMG Europe (now ASM Global) managing, but is now under construction at a new site.

According to Cardiff Council leader Huw Thomas, the council will commit less than 15% of the arena’s cost, with the remaining 85%+ of capital investment coming from the council’s private-sector partners.

In a joint statement, Live Nation, Oak View Group and Robertson say: “We are delighted to have been announced preferred bidder today to deliver the new Cardiff arena. We look forward to working in partnership with Cardiff Council to bring this ambitious vision to life over the next few years.

“Our combined experience in the delivery and operation of facilities of this nature will result in a world-class facility that will bring economic benefits to the entire region, both during its construction and for many years to come once it’s open. In 2021 we will embark on the next phase of the planning process, which will provide the wider community the opportunity to see our exciting proposals for the site.”

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.