RCS - Live Company Group - KPOP LUX SPAIN CONCERT UPDATE

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02/05/2023 07:00

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RNS Number : 9855X  Live Company Group PLC  02 May 2023

2 May 2023

 

LIVE COMPANY GROUP PLC

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

 

KPOP LUX SPAIN CONCERT UPDATE

 

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 July 2023.

 

KPOP LUX and L.A Rock Entertainment (contracted via a fixed fee to stage the
show) together with SBS present KPOP Lux SBS Super Concert in Madrid and
tickets went on sale on 27(th) April. The Company is delighted to announce
that 18,000 tickets with a close to Euro 2.2 million face value have now been
sold with only half of the artists released.

 

Revenue Generation

 

LVCG reminds shareholders that revenue is generated via Ticket sales,
Merchandising, Sponsorship and Streaming.

 

Chairman David Ciclitira commented: "The buzz and excitement of bringing
KPOPLUX to Spain has been extraordinary and I am delighted that 18,000 tickets
have been sold with only half of the artists announced."

 

Notes to Editors:

 

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. Since the KPOP Lux Spain video was released on
social media it has attracted close to 230,000  views.

 

 

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

 CMC Markets UK Plc                            Tel: 020 3003 8255

 Thomas Smith

 Douglas Crippen

 

 

 

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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