Live Company Group confirms successful launch of Start Art Fair Korea
"It was tremendous to be a part of the launch of Start Art Fair Seoul, initiated to coincide with FRIEZE and Seoul art week," said David Ciclitira.
Company
LON:LVCG
Live Company Group PLC is a live events and entertainment group. The company has four divisions - BRICKLIVE, Live Company Sports and Entertainment (LCSE), K.Flex and StART Art Global.
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"It was tremendous to be a part of the launch of Start Art Fair Seoul, initiated to coincide with FRIEZE and Seoul art week," said David Ciclitira.
Sixteen events already occurred this year, with five more BRICKLIVE events planned for the rest of 2022
Terms for the sale have already been agreed and Live Company will purchase the remaining 80.06% of shares in Start Art
A look at the major movers on the London market on Friday
The average ticket price was €86 for the two-day event, well up on the €70 that the company previously guided
“2021 was a tough year for everyone," said David Ciclitira, the executive chair of Live Company. The lifting of lockdowns should see the company continue to develop its new revenue streams
Revenues from operations were up 44% from £1.8mln to £2.6mln
Some 50,000 K-pop fans are expected for the three-day event in September next year
An announcement on the artists and the launch of tickets will follow
The company will receive 60% of revenue generated via the pay per view system
Paddington, presented and built by BRICKLIVE, is a unique collection of toy brick models featuring characters and scenes from the classic and much-beloved Paddington franchise
The event will consist of interactive education stations filled with brick-based challenges and entertainment
The KPOP.FLEX festival continues to represent a potentially substantial income stream for LVCG in 2022 with revenues from the first festival being received in May
The shows will run in Oklahoma and Massachusetts this year
75% of the net profit from merch sales at the festival, online, and offsite will go to Live Company with the remaining 25% to Nylon
The contracts signed are for Paw Patrol and Paddington
First live BRICKLIVE events since 2019 drive Covid comeback
In November, the company said it had 16 BRICKLIVE events confirmed for 2022
Two acts have been confirmed for day two so far, with more to come