AEG Live

Live Nation Partners with Bowery Ballroom and Mercury Lounge to Create ‘Mercury East Presents’

Posted December 19, 2017 at 5:04 am

Bowery Ballroom and Mercury Lounge terminated their relationship with Bowery Presents back in August after the latter was acquired by live music juggernaut AEG Live. At the time, rumors swirled that industry competitor Live Nation would swoop in as exclusive booking agency for both classic Lower East Side clubs. Yesterday brought news of the official […]

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Bowery Ballroom and Mercury Lounge No Longer Bowery Presents Venues; Live Nation Rumored to Take Over

Posted August 3, 2017 at 5:09 am

It’s a breakup that many in the industry saw coming. Bowery Presents, mere months after being gobbled up by AEG Live, parted ways with its two marquee Lower East Side venues – Bowery Ballroom and Mercury Lounge. For two decades, these two rock clubs were synonymous with the Bowery Presents empire. Not anymore, as Brooklyn […]

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Webster Hall Sells for $35M to AEG Live and Barclays Center Ownership [Updated]

Last modified April 5, 2017 at 12:50 pm

Webster Hall sold out. The Ballinger family, which owned and operated the concert hall (formerly The Ritz) for the last twenty-seven years, sold the business to a partnership consisting of AEG Live and owners of the Barclays Center (aka Brooklyn Sports Entertainment). According to the New York Post, the deal was valued at roughly $35 […]

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Report: Bowery Ballroom and Mercury Lounge Excluded from Blockbuster Bowery Presents-AEG Deal

Posted January 31, 2017 at 5:12 am

It’s official – AEG Live has reportedly acquired a fifty-percent stake in hometown heroes Bowery Presents for an estimated $40 million. News of negotiations first broke last year, and was the worst-kept secret in the business. However, AEG and Bowery Presents broke their collective silence on the transaction in a New York Times article yesterday. The […]

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Report: Bowery Presents is Acquired by Concert Behemoth AEG Live

Posted April 21, 2016 at 5:12 am

Everything on the Lower East Side is getting sold out. This next one cuts deep, and is a blow to what’s left of the neighborhood music scene. Unlike many of the artists its venues promote, Bowery Presents is itself no longer an indie. The hip Lower East Side-based promotion company was just scooped up by […]

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