Live Company Group PLC (AIM:LVCG) said all tickets for its KPop.Flex festival that will take place in Frankfurt on 14 May are sold out.
The live events, entertainment and sports events company said the event is a joint venture agreement with K-Pop Europa (KPE), a 50% subsidiary of Live Company.
KPE will earn revenue through various streams, including 40% of all sponsorship revenue, 100% of the net revenue of event-related online merchandising, 75% of merchandising at the event and 100% of broadcast and streaming rights.
The AIM-listed group has announced five acts for the festival so far, with the remaining performers set to be confirmed on 14 February.