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MAMA Festivals is a live music and entertainment company which owns and operates a number of live music venues and festivals in the United Kingdom. Founded in 2005, it has acquired many other venue-holding companies, expanding its reach significantly across England.
 | |
| Company type | Private, Subsidiary |
|---|---|
| Industry | Entertainment |
| Founded | 2005[1] |
| Headquarters | , |
Number of locations | 9 venues (2014) |
Area served | UK[1] |
Key people | Adam Driscoll, Dean James (co-founders) Rory Bett (CEO) Kirsty Mcshannon, COO |
| Products | Concerts |
| Owner | LN-Gaiety Holdings Ltd |
| Divisions | Venues Festivals & Events Supporting Services |
| Subsidiaries | Hoxton Square Bar and Kitchen The Forum The Institute The Garage The Ritz The Arts Club The Great Escape Festival Lovebox Festival Somersault Festival Wilderness Festival Global Gathering Godskitchen Eclectricity |
| Website | www |
The company owns six London venues and three regional venues: Hoxton Square Bar and Kitchen, The Forum in Kentish Town, The Garage in Islington, The Institute in Birmingham, The Ritz in Manchester, and The Arts Club in Liverpool. The venues range in capacity from 300 to 2,300.[citation needed]
In addition, MAMA operates several festivals and events, including Lovebox (London),[2] Wilderness (Oxfordshire), The Great Escape (Brighton), Somersault (North Devon), Global Gathering (Stratford-upon-Avon), Godskitchen, and Future Gods events.
History
editMAMA was founded by Adam Driscoll and Dean James in 2005 via the reverse takeover of Campus Media by Stonesthrow Media (Channelfly Group). The newly re-branded MAMA Group was admitted to AIM in December 2005. MAMA stands for Music and Media Assets. On 11 June 2007, the company purchased the Hammersmith Apollo[3] and The Forum.[4] The same year, MAMA Group acquired Mean Fiddler Holdings Limited[5] the company which owned The Jazz Café, The Garage, The Borderline, and held a majority share in G-A-Y.
On 6 March 2008, the group acquired The Picture House, Edinburgh from Luminar Liquid Limited, a subsidiary of Luminar Group Holdings plc.[6] On 1 April 2008, MAMA acquired The institute, Birmingham and on 13 June 2008, they acquired a majority share in Global Gathering Group Limited (formerly Angel Music Group Limited),[7] the company which owns GlobalGathering, Godskitchen, and Future Gods brands. MAMA acquired 100% of Global Gathering Group Limited in 2011.
On 22 September 2008, MAMA Group acquired Heaven (London) Limited, the company which owns the leasehold of the Heaven Nightclub.[8]
On 15 January 2009, HMV Group purchased a 50 percent stake in MAMA Group. The new company, Mean Fiddler Group Limited, operated 11 venues across the United Kingdom, including the Hammersmith Apollo, The Forum in Kentish Town, The Garage, Jazz Café, The Edinburgh Picture House, Digbeth Institute in Birmingham, Heaven, G-A-Y Bar, G-A-Y Late, The Borderline, and Aberdeen's Moshulu.[9][10] In January 2010, HMV bought the whole of the MAMA Group in a deal worth £46m.[11]
HMV sold the Hammersmith Apollo to AEG Live and Eventim UK in May 2012 for £32 million.[12] It sold the remainder of MAMA & Company to management backed by Lloyds Development Capital in December 2012 for £7.3 million, which also included the company's 50% stake in Mean Fiddler Group (excluding Heaven and the G-A-Y businesses).[13]
March 2013, MAMA acquired East Village Arts Club (formerly The Masque), Liverpool on 5 February 2013[14] and Hoxton Square Bar and Kitchen.[15]
In 2015, MAMA was acquired by LN-Gaiety, a joint venture of Live Nation UK and the parent company of MCD Productions.[16] Three MAMA venues, the Ritz in Manchester, the Forum in Kentish Town and the Institute in Birmingham, would be rebranded by Live Nation as the O2 Ritz Manchester, O2 Forum Kentish Town, and O2 Institute Birmingham respectively.[17]
References
edit- ^ a b "About Us". MAMA & Company. Retrieved 29 January 2013.
- ^ "MAMA acquires 100% of Lovebox". Music Week. Retrieved 4 April 2013.
- ^ "Announcements: MAMA Group Plc announces purchase of the Hammersmith Apollo". MAMA Group PLC. Retrieved 21 January 2009.
- ^ "Mama Group acquire the Forum". Music Week. Retrieved 4 April 2013.
- ^ Bowers, Simon (14 August 2007). "The Mean Fiddler comes to Mama". The Guardian. London. Retrieved 4 April 2013.
- ^ "Announcements: MAMA Group announce acquisition of Edinburgh venue". MAMA Group PLC. Retrieved 21 January 2009.
- ^ "Announcements: MAMA Group announce completion of acquisition of Angel Music Group Limited". MAMA Group PLC. Retrieved 21 January 2009.
- ^ "Announcements: Mama Group announce Acquisition of Heaven (London) Limited". MAMA Group PLC. Retrieved 21 January 2009.
- ^ Leroux, Marcus (15 January 2008). "HMV Group plugs into live music market". The Times. London. Archived from the original on June 12, 2011. Retrieved 21 January 2009.
- ^ "Announcements: MAMA Group announces joint venture with HMV in the live venue market". MAMA Group PLC. Retrieved 21 January 2009.
- ^ "HMV buys MAMA Group in live music takeover deal". BBC News online. 23 December 2009. Retrieved 4 April 2013.
- ^ "Hammersmith Apollo in London sold by HMV to Stage C". BBC News Online. 31 May 2012. Retrieved 8 October 2012.
- ^ Anne-Sylvaine Chassany (3 December 2012). "HMV sells Mama Group music arm to LDC". Financial Times. Retrieved 22 January 2013.
- ^ "Liverpool venue The Masque to join MAMA Group". Music Week. Retrieved 4 April 2013.
- ^ "Mama buys Hoxton Bar & Kitchen for £1.9m". 2013-03-19. Retrieved 2017-03-20.
- ^ "Live Nation acquires UK's MAMA through Gaiety Investments JV - Music Business Worldwide". Music Business Worldwide. 2015-08-05. Retrieved 2017-03-20.
- ^ "Live Nation re-brands 3 ex-MAMA venues as 'O2' in the UK - Music Business Worldwide". Music Business Worldwide. 2015-10-12. Retrieved 2017-11-08.