AEG Live completes The Bowery Presents deal
The independent New York promotion and venues group has joined AEG Live, finalising a deal first reported last April
News By IQ | 31 January 2017
AEG Live has finalised its agreement to acquire an undisclosed stake in New York-based promoter/venue operator The Bowery Presents.
The deal – believed to have been close to completion as far back as last April – gives AEG a significant presence in the American north-east, and marks the end of a second independent New York promoter following Live Nation’s April 2016 acquisition of Founders Entertainment.
Bowery partners Jim Glancy and John Moore will, alongside AEG Live’s senior vice-president of the north-east…