TEG’s UK venue estate acquired by newly formed indie
Propaganda’s Dan Ickowitz-Seidler & MJR Group founder Richard Buck have launched Propaganda Independent Venues
News By James Hanley | 25 November 2025
TEG’s UK venue portfolio has been acquired by a new independent company formed by Propaganda’s Dan Ickowitz-Seidler and MJR Group founder Richard Buck.
The deal sees the duo regain ownership of Cardiff’s Tramshed – which they established decade ago – and also brings The Globe in Cardiff, XOYO Birmingham (formerly The Mill) and London’s XOYO and Camden Assembly under the control of their newly launched Propaganda Independent Venues venture. Buck also previously owned The Globe and The Mill.