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Business News Live Business
Live Nation UK management rejig rumoured
By Chris Cooke | Published on Monday 28 September 2015
There was much chitter chatter last week about a rejig of the management team at Live Nation’s UK and Ireland division, with veteran promoter Denis Desmond tipped for a top role, according to IQ magazine.
The rejig follows the recent departure of long-stranding Live Nation UK COO John Probyn, who left the live music major to work on a new sports event in Birmingham. It is thought that Melvin Benn, boss of Live Nation UK subsidiary Festival Republic, will also have an extended role overseeing other festivals owned by the firm, an expansion in remit that has been rumoured for a few months now.
Irish promoter Desmond has a long-standing joint venture with Live Nation through which the UK wing of the firm owns a number of its key assets, including the aforementioned Festival Republic, the Academy Music Group and the recently acquired MAMA & Company. It’s still not clear whether MAMA will remain a standalone entity within the group, or if its key assets will be merged in with Live Nation’s other venue and festival divisions, though there has been talk of the venues becoming part of the AMG network.
Live Nation is yet to formally comment on any rejigging plans.