Live Company Group PLC KPOP LUX New Agreement
January 06 2023 - 1:00AM
RNS Non-Regulatory
TIDMLVCG
Live Company Group PLC
06 January 2023
6 January 2023
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
KPOP LUX NEW AGREEMENT
LVCG is pleased to announce that KPOP LUX Limited ( a division
of Live Company Group that organises, promotes and co-promotes,
K-pop concerts in Europe and Asia) have signed an agreement with
SBS to create a concert in Madrid in July 2023, and a 3-day
festival in London during September 2023. SBS are the broadcasting
company that put together the hugely successful Frankfurt Kpop.Flex
concert in May 2022 and will now partner with KPOP LUX Limited to
create these events.
The London show, which was announced on the 17(th) May 2022,
will take place at the iconic music venue - London's The O2 - over
three days 22(nd) , 23(rd) , and 24(th) September 2023 with ticket
sales going on sale in the first quarter of 2023. SBS will produce,
KPE (a Live Company Group PLC joint venture) will executively
produce, and PK Events will promote the event.
The Madrid show is set to bring the 52-thousand-seater Civitas
Metropolitano - home to Atletico Madrid - alive with a star-studded
lineup on 22(nd) July 2023, with ticket sales going on sale in the
first quarter of 2023. SBS will produce, Live Company Group PLC
will executively produce, and a promoter for this event will be
announced in due course.
The main financial obligations of KPOP LUX will be met by the
relevant event promoters out of advance ticket sales. Further
information on this will be provided to the market in due course as
appropriate.
About SBS
SBS is one of the three major terrestrial broadcasting companies
in Korea. It is the only privately owned terrestrial broadcaster
with a nationwide network. Founded on 14 November 1990, SBS began
broadcasting its full-fledged TV network and radio programming in
1991.
Today, the audience of the SBS includes not only the entire
Korean population, but also overseas Koreans and viewers from all
over the world. SBS is currently operating four channels: one
television channel, two radio channels and one terrestrial DMB
channel.
SBS is also the core business of SBS Media Group. In March 2008,
SBS Media Holdings was founded by separating the functions of
strategy and investment from SBS. Under the new broadcast group
system, SBS can focus more on programme production and news
reporting.
The business of SBS Media Group ranges from terrestrial
broadcasting, programme provider via cable and satellite, TV
content production, content distribution, online and new media, and
to entertainment including film, music and games.
About KPOP LUX
KPOP LUX is a 100% subsidiary of Live Company Group and
organises, promotes and co-promotes, K-pop concerts in Europe and
Asia.
David Ciclitira of KPOP LUX and Chairman of Live Company Group
said, "I'm delighted to have reached an agreement with SBS to put
on two K-pop concerts in Europe this year. With their artistic
direction and unrivalled knowledge both shows will be incredible.
This will be the start of a long-term relationship with other
projects already in the pipeline."
Mr Kim, Director of SBS said, "We are very happy to once again
bring a fantastic K-pop experience to fans in Europe. We believe
that London and Madrid are perfect cities and look forward to
working with KPOP LUX."
Enquiries:
Live Company Group Plc Tel: 020 7225 2000
David Ciclitira, Executive Chairman
Sarah Dees, Chief Operating Officer
Beaumont Cornish Limited (Nominated Adviser) Tel: 020 7628 3396
Roland Cornish/Rosalind Hill Abrahams
===================
Oval(X) (Broker) Tel: 020 7392 1436
Thomas Smith
===================
LIVE COMPANY GROUP
Live Company Group Plc ("LVCG", the "Company" or the "Group") is
a live events, entertainment and sports events company, that has
been trading on AIM since 2017.
The Group is divided into four divisions; BRICKLIVE, consisting
of a network of partner-driven fan-based and touring shows using
BRICKLIVE created content worldwide. The Company owns the rights to
BRICKLIVE - an interactive experience built around the creative
ethos of the world's most popular construction toy bricks. The
Group is an independent producer of BRICKLIVE and is not associated
with the LEGO Group. The second is KPOP which owns the K.flex
brand. K.flex is Europe's first ever Mega KPOP music festival. The
third is Live Company Sports and Entertainment, which manages a
number of global sports, entertainment and lifestyle events. The
fourth division is StART Art Global. StART Art Global is a
combination of both physical art shows and a digital art
platform.
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