Hamsard and Academy Music: A report on the proposed acquisition of a controlling interest in Academy Music Holdings Limited by Hamsard 2786 Limited [full report / appendices and glossary] – Competition Commission (2007)
Author: Competition Commission
Organisation/Affiliation/Publisher: Competition Commission
Date: 2007
On 21 August 2006, the Office of Fair Trading (OFT) referred the proposed acquisition of a controlling interest in Academy Music Holdings Limited (Academy) by Hamsard 2786 Limited (Hamsard) a company jointly controlled by Live Nation Music (UK) Limited (Live Nation) and Gaiety Investments Limited (Gaiety) to the Competition Commission (CC) for investigation and report. The report includes analysis of the popular live music industry (artists, managers, agents, promoters, ticket agents, venue operators), overview of the state of negotiations, market definition, assessment of competition and effects of the merger, and overview of Live Nation, Gaiety, Hamsard/Mean Fiddler, and Academy.