Marc Geiger announces $75m ‘war chest’ to buy US venues
WME’s former global head of music has unveiled a plan to bail out dozens of venues around the country by acquiring at least 51% of each business
News By IQ | 28 October 2020
Marc Geiger has amassed a $75 million ‘war chest’ to bail out US venues that are struggling during the pandemic and help them to reopen.
WME’s former global head of music told The New York Times that he plans to invest in small venues and build an indie touring network to revive the live scene, using funds secured during an initial investment round.
(adsbygoogle = window.adsbygoogle || []).push({});
“One of my favourite things in the world is to go to a club, be treated well…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
