Arena Market: UK
The opening of Oak View Group’s new £365m venue, Co-op Live, in May, is a testament to the rude health of the UK’s live music scene at arena level. The market is also home to one of the world’s biggest-grossing arenas (The O2) and one of the world’s most famous – think “Hello, Wembley!”
Audiences are hungry for entertainment of increasingly broad types, as venues find themselves hosting everything from comedy to K-Pop, sports to Latin stars.
One of the world’s biggest-selling arenas is The O2 in London, where VP and general manager Steve Sayer says the next 12–18 months “look good at arena level.” He says the venue has seen a number of residencies from the likes of Olivia Rodrigo (four dates), Liam Gallagher (four), and The Killers (six), with six dates with…