RCS - Live Company Group - KPOP Lux - Madrid Concert

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26/04/2023 09:00

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RNS Number : 4487X  Live Company Group PLC  26 April 2023

26th April 2023

 

LIVE COMPANY GROUP PLC

("LVCG", the "Company" or the "Group")

 

KPOP LUX - MADRID CONCERT

 

LVCG is pleased to provide further detail on the KPOP Lux Madrid Concert which
is set to take place at the Civitas Metropolitano Stadium on 22 June 2023.

 

KPOP LUX and L.A Rock Entertainment together with SBS, a major Korean
terrestrial broadcasting company, present KPOP Lux SBS Super Concert in Madrid
with tickets going on sale tomorrow 27(th) April. The show will consist of
seven well-known K-pop acts - 3 of which have been announced as Enhyphen,
Ateez and Ive. A further four acts will be announced next month.

 

Revenue Generation

 

LVCG generates revenue via Ticket sales, Merchandising, Sponsorship and
Streaming. The edition in 2023 is for 1-day. The contract with SBS is for
4-years and is LVCG's intention to increase the number of days in 2024 to
2-days and potentially in 2025 to 3-days. The potential profits of KPOPLUX
Madrid could increase disproportionately as and when KPOPLUX moves beyond
1-day.

 

 

 

 

Chairman David Ciclitira commented: "I am delighted to provide further detail
on our KPOP Lux show in Madrid. The team is excited to be working with SBS to
bring a new iconic show to Hispanic audiences throughout the world. My thanks
go to our producers L.A. Rock Entertainment - Spain's leading independent
music producer."

 

Notes to Editors:

 

ENHYPEN is currently one of the top ten K-pop acts in 2023, as they were in
2022, and have won dozens of awards.  They have never performed in Spain and
with 12.2 million followers on Instagram,  Madrid  provides European fans
the chance to see  their idols.

 

ATEEZ is well known to the Spanish K-pop fans having performed earlier this
year in Madrid and also in 2020.  Their popularity and engagement with their
Spanish fanbase make them another must-see act.

 

IVE debuted in December 2021 and have taken the K-pop world by storm.  The
girl group, formed by Starship Entertainment, won Song of the year for their
single Love Dive in 2022 at four different major music awards.  On April
23(rd) this year IVE achieved two number one hits within three weeks of each
other. It will be their first time performing in Spain.

 

K-pop has a global following of over 200 million people and the #KpopTwitter
has over 8 billion tweets.  The European fan base in growing at a rapid rate
with festivals, concerts and tours making the music more attractive and
accessible than ever before.

 

 

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

 

About 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.

 

·    KPOP -  the company owns the rights to the K.Flex brand and through
its joint venture with the Explorado group KPOP Europa (KPE) is a partner in
and the Executive Producer of K.Flex in Frankfurt.

LVCG also owns the brand KPOP Lux and is the executive producer of KPOP Lux in
Madrid and London. Both of these shows are produced in partnership with SBS -
the Korean television network.

 

·    StART Art Global (SAG) - SAG owns StART Art Fair in London which has
been staged over the last 9 years at the Saatchi Gallery. SAG has licensed the
rights to the StART brand in Korea. The licence includes the right to create
and run StART Art Fair Seoul and various StART+ exhibitions.

SAG has also licensed the right to the StART brand in Japan to Live Company
Japan a joint venture with M Group Holdings Co.

SAG has also licensed the brand to Live Company Korea to create the StART Art
Coin.

 

·    Live Company Sports and Entertainment (LCSE) - LCSE owns LCSE Pty in
South Africa which has a long-term relationship with Pick 'n' Pay and the
Ocean Race.

LVCG is a founder shareholder in E-Movement - the promoter of the Formula E
Race in Cape Town. As part of this relationship E-Movement has retained LCSE
(through E-Movement holdings) as its implementation partner. E-Movement
Holdings a 100% subsidiary of Live Company Group has the right to sell
sponsorship for the Formula E race in Cape Town.

 

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