AEG to open “revolutionary” new arena in Korea
Launched in partnership with media giant CJ Group, Seoul Metropolitan Arena joins under-construction AEG venues in Thailand
News By IQ | 10 June 2019
AEG has signed an agreement with CJ Group, South Korea’s largest media conglomerate, to open a new entertainment complex in Seoul.
The deal, with CJ Group subsidiary CJ LiveCity Corporation, will see the creation of CJ LiveCity in Seoul’s Goyang City, comprising the 20,000-capacity Seoul Metropolitan Arena, a recording studio complex, a K-pop/Korean culture-themed entertainment district and a waterfront park.
Centrally located between five of Korea’s largest cities, AEG projects the new venue will attract more than 20 million visitors annually. It will, say the partners, become the country’s “largest and most advanced live performance venue for K-pop, international artist tours, sports events and Hallyu [Korean Wave] content.”
The agreement marks AEG’s entrance into the burgeoning South Korean live entertainment market…
You've used your free article this month
Create a free account to read 3 articles per month, or subscribe for unlimited access.
