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Emporium Presents hires ex-BSE Global exec as COO

Majority Live Nation-owned US promoter Emporium Presents has announced the appointment of Tina Suca as chief operating officer.

Suca will lead Emporium’s business operations and help support the company’s growth.

Suca joins Emporium Presents from BSE Global, where she held the role of vice president of industry relations. In her position, Suca assisted the booking of all BSE properties – 16,800-capacity NYCB Live (formerly Nassau Coliseum), Webster Hall (1,400-cap.) and the recently sold Barclays Center (19,000-cap.).

Prior to BSE, Suca was vice president for ArenaNetwork, general manager and booker for SMG’s Nassau Coliseum and MSG’s the Forum at Inglewood (17,505-cap.), and general manager at Live Nation’s the Wiltern (2,300-cap.).

“We are extremely excited to have Tina join Emporium and use her vast industry experience and relationships to take us to another level”

“We are extremely excited to have Tina join Emporium and use her vast industry experience and relationships to take us to another level,” says Emporium Presents co-director Jason Zink.

Tina Suca will be working out of Emporium Presents’ Colorado office.

Emporium Presents was born in 2016, as the result of a merger between Zink’s Sherpa Concerts and Dan Steinberg’s Square Peg Concerts. Live Nation took a 51% stake in the promoter in 2018. Steinberg and Zink continue to direct the company.

With offices in Colorado and Washington, Emporium promotes over 400 shows annually across the United States and has a growing presence in Canada. The company recently expanded its booking team, hiring talent buyers Laura Vilches and Danny Cohen.

 


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Alibaba founder buys Barclays Center

After months of negotiations, Joseph Tsai, executive vice-chairman of Chinese e-commerce giant Alibaba Group, has bought the 19,000-capacity Barclays Center in Brooklyn, New York.

The deal sees the Alibaba co-founder take control of the arena – home to basketball team the Brooklyn Nets – from Russian entrepreneur and politician Mikhail Prokhorov.

Tsai, who already owned 49% of the Nets, also purchased Prokhorov’s 51% controlling interest in the team. Prokhorov had held the stake through his company Onexim Sports and Entertainment.

Bloomberg reported that Tsai paid around US$3.5 billion in total for the arena, team and debt.

Granted the NBA [National Basketball Association] board of governors approves the sale of the team, Tsai will become chairman of the board of directors for the Barclays Center and NBA governor of the Nets.

“I will be the beneficiary of Mikhail’s vision, which puts the Nets in a great position to compete, and for which I am incredibly grateful,” says Tsai. “We are committed to maintaining Barclays Center’s iconic status by bringing together culture, community, and entertainment for our fans and everyone in New York.”

The Barclays Center, which opened in 2012, is operated by AEG Facilities in conjunction with BSE Global (previously Brooklyn Sports & Entertainment).

BSE Global also operates Webster Hall, in partnership with AEG Presents/ the Bowery Presents, and the 16,800-capacity NYCB Live (formerly Nassau Coliseum), which is owned by Onexim.

“We are committed to maintaining Barclays Center’s iconic status by bringing together culture, community, and entertainment for our fans”

Brett Yormark, BSE Global chief executive, is stepping down following the sale. Yormark is the only executive expected to leave the organisation.

“It has been a tremendous honour leading BSE Global, and working alongside some of the most brilliant professionals in the industry,” says Yormark. “I have always envisioned beginning my next chapter when Mikhail and Dmitry [Razumov, Onexim chief executive] sold the arena and the team, and with today’s announcement, that time has come.”

Yormark adds that he will oversee a “smooth transition” of the Barclays Center and the Nets to new ownership and will “continue to oversee Mikhail’s other Onexim assets”.

The potential buy-out by Tsai was first reported by the New York Post in March. At the time, the Post stated that Tsai’s purchase of the Barclays Center would be welcomed by the National Basketball Association, due to the potential for growth in China.

Upcoming shows at the Barclays Center include Kiss, Shawn Mendes, Mary J Blige & Nas, Chris Brown and Blink 182 & Lil Wayne, as well as hip-hop and Latin festival Soulfrito Music fest.

Alibaba has shown a growing interest in the music industry in recent years, launching artist management, booking and entertainment ticketing businesses.

Tsai co-founded the online marketplace in 1999 along with 17 others and continues to hold the second largest individual stake in the company, behind executive chair Jack Ma.

 


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