Live Nation acquires stake in Hong Kong event organiser Clockenflap

Clockenflap Festival’s flagship event saw Arctic Monkeys, Wu-Tang Clan and more

Live Nation has acquired a majority interest in Clockenflap, a Hong Kong-based event organiser.

Clockenflap specializes in music festivals and concerts, and its flagship Clockenflap Music and Arts Festival is described as “one of Asia’s best-known festival brands”.

The Clockenflap team will continue to curate, manage and produce its festivals and events, now with access to Live Nation’s festival portfolio and resources, according to a media release.

Clockenflap’s next festival is planned for December 2023

Clockenflap Music and Arts Festival made its return over March 3 – 5, after a four-year hiatus, with a sold-out event that featured artists including Arctic Monkeys (UK), Balming Tiger (Korea), Bombay Bicycle Club (UK), The Cardigans (Sweden), Chai (Japan), HYBS (Thailand), Leenalchi (Korea), Milet (Japan), N.Y.P.D (Hong Kong), Wu-Tang Clan (US) and Yellow (Taiwan).

Founded in 2008, the three-day, 30,000-per-day cap festival takes place annually at Hong Kong’s Central Harbourfront Event Space.

The festival has announced the dates for its next edition, which will take place from December 1 – 3, 2023.

Live Nation sees growth opportunities in Asia

Clockenflap also organises regular touring concerts in Hong Kong under the brand Clockenflap Presents, with recent sold-out shows announced for Cigarettes After Sex and Honne.

Live Nation says that its partnership between with Clockenflap comes as events across Asia, particularly in Hong Kong, are seeing “a bloom in activity”.

Partnership with Live Nation will further enhance Clockenflap brand

Justin Sweeting, Co-founder and Music Director of Clockenflap said the support and resources Live Nation brings “will help Clockenflap Music and Arts Festival cement its position as one the best city festivals in the world”.

Roger Field, President of Live Nation Asia Pacific added: “Our team is dedicated to supporting Mike, Justin and their team’s exceptional skills and capabilities, and through Live Nation’s global network we will enhance and grow the Clockenflap brand and deliver new and exciting live opportunities to the region.”

“By joining forces with the global leaders in entertainment, Live Nation, we can continue to grow the festival and expand our event activities in Hong Kong and regionally.”

Mike Hill, Co-founder and Managing Director of Clockenflap said: “Over the last 15 years we have grown Clockenflap into a world-class three day festival.

Credit: https://www.musicbusinessworldwide.com/live-nation-acquires-hong-kong-based-festival-promoter-clockenflap/

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