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

Glancy (left) and Moore at the under-construction Brooklyn Steel

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…

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