For the international contemporary live music industry
LiveUK

MSG Spheres delayed

UNITED STATES/UNITED KINGDOM                -
World News
November 26, 2019

THE PLAN by the New York-based Madison Square Garden Company (MSGC) to build high-tech concert venues in Las Vegas and London has been delayed, with a completion date for the UK venue now open-ended.

MSGC, which owns New York’s iconic Madison Square Garden (cap. 20,783) arena, had planned to open an MSG Sphere (18,000) in Las Vegas in 2021, with a 21,500-capacity sister arena in London a year later.

Reports that the cost of the Las Vegas venue has rocketed from $1.2 billion to $1.7bn have not been confirmed by the company.

In a 4 November statement MSGC says it, “remains focused on incorporating learnings from its Las Vegas project”, in respect of London and, “For these reasons, it is no longer possible for the London venue opening to be one year after the opening of MSG Sphere in Las Vegas.”

MSGC had said the London venue would open in 2022, but the company has yet to receive a response from the London Legacy Development to its planning application, filed last March.

Other Stories

Anti-tout campaigners slam Viagogo’s $4.05 billion purchase of StubHub

December 16, 2019
CONTROVERSIAL RESALE site Viagogo is buying eBay-owned StubHub for $4.05 billion. It brings Viagogo founder and CEO Eric Baker back to where he started in…
Read more

CTS takes controlling interest in Barracuda

December 16, 2019
GERMAN PAN-Europe ticketing and promoting giant CTS Eventim has acquired a 71 per cent stake in leading concert and festival promoter Barracuda Music. Barracuda, whose…
Read more