Hammersmith Apollo sold by HMV for £32m to American-German group Stage C

17:11 01 June 2012

London’s famous Hammersmith Apollo entertainment venue has been sold for £32m by music retailer HMV.

The venue, where bands such as The Beatles and Queen have played, has been acquired by an American-German joint venture.

HMV has agreed to sell the art deco venue, which opened in 1932 as the Gaumont Palace cinema, to Stage C two years after taking over the 9,000-capacity arena.

It has played host to a number of noteworthy performances, including David Bowie’s last concert as alter-ego Ziggy Stardust in 1973.

It is also the eponymous venue in the BBC stand-up comedy series Live at the Apollo.

HMV chief executive Simon Fox said: “The Hammersmith Apollo is an iconic London venue and it has been a privilege to own it over the last three years.”

HMV said the sale allows it to focus on its core retail business, while the proceeds from the disposal will be used to reduce the group’s outstanding debt.

Latest Stories

Yesterday, 18:25
Moorgate station was evacuated this evening after a 'security alert' causing delays on the Tube network (Photo by Sion Touhig/Getty Images)

There are severe delays on the Tube in central London tonight after a ‘security alert’ shut Moorgate Underground station with passengers evacuated and trains stopped in tunnels.

Read more
Yesterday, 11:39
Ruislip was hit with torrential rain overnight leaving the town centre badly flooded this morning (Picture: Twitter/@souvikdash)

The Monday morning commute is not exactly most people’s idea of a good time but it was made a lot worse for those in west London this morning after flash flooding.

Read more
Yesterday, 10:35
This Vauxhall Corsa flipped over and landed on its roof this morning in Lambeth. Shocked Twitter users captured the scene [Photo courtesy of @k111777]

A car has flipped over dramatically on Brixton Road, Lambeth.

Read more

TOP Stories

Yesterday, 18:25
Moorgate station was evacuated this evening after a 'security alert' causing delays on the Tube network (Photo by Sion Touhig/Getty Images)

There are severe delays on the Tube in central London tonight after a ‘security alert’ shut Moorgate Underground station with passengers evacuated and trains stopped in tunnels.

Yesterday, 11:39
Ruislip was hit with torrential rain overnight leaving the town centre badly flooded this morning (Picture: Twitter/@souvikdash)

The Monday morning commute is not exactly most people’s idea of a good time but it was made a lot worse for those in west London this morning after flash flooding.

Yesterday, 10:35
This Vauxhall Corsa flipped over and landed on its roof this morning in Lambeth. Shocked Twitter users captured the scene [Photo courtesy of @k111777]

A car has flipped over dramatically on Brixton Road, Lambeth.

Promotions

Renault-Zoe

The Renault ZOE follows on from the introduction of the electric Fluence ZE and Twizy, but unlike the former, the Zoe was designed from the ground up as an electric vehicle.

When no simple way to find Real Ale was at hand, 4 Ale enthusiasts got together to allow anyone with a smart phone to find Real Ale no matter where they happened to be, this was the birth of the Perfect Pint app.

London24 have partnered up with The Week magazine to offer you a complimentary issue – delivered free to your door.

London Bloggers

Thursday, July 24, 2014
London comedians are preparing for Edinburgh (Photo by Jeff J Mitchell/Getty Images)

During these sultry July afternoons and endless balmy evenings the nervous musings of young comedians in London drift to dreams of triumph on the Edinburgh stage.

Thursday, July 24, 2014
Punchdrunk's The Drowned Man poduction came to an end on Sunday, July 6

If you’ve been wandering around bereft of purpose, a wet-eyed stare fixed on your blank face, then no doubt you too are as gutted as I am that The Drowned Man has finally come to an end.

Thursday, July 24, 2014
(Photo by Joern Pollex/Getty Images)

We’ve been called P.I.G.S.

Quizzes

Test your London musical knowledge with our album quiz (Images via Getty)

Does your music knowledge stretch from The Rolling Stones to Rudimental, Spandau Ballet to Siouxsie and the Banshees? If so then test it out with our London bands quiz:

Read more
How much do you really know about QPR legends like Les Ferdinand? Picture: Neal Simpson/EMPICS Sport

Test your knowledge of QPR’s greatest players with our fantastic legends quiz.

Read more
Quiz-1

Do you know your Lock Stock from your Long Good Friday, Sliding Doors from Shakespeare in Love?

Read more