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 from SNAP.PA

Report found there had been instances of ill-treatment during ‘tactical questioning’, but not deliberate torture or murder.

Read more

The singer has already shifted 107,000 copies of his single since its release.

Read more

We’re going to have to find something else to do with our Thursdays now.

Read more

Promoted content

We've got a great selection of Secret Santa presents and stocking fillers for under a tenner...  (Photo by Matt Cardy/Getty Images)

Office Secret Santa: it’s a Christmas ritual that everyone dreads, but no-one wants to seem like a Scrooge by saying no. Never fear, London24 is here to make buying gifts for Dave in Accounts simple and stress-free, with a selection of presents for under a tenner

Money saving Christmas gifts to add to your shopping list!

It’s nearly time to go on the hunt for Christmas presents, stuck on what to get for your nearest and dearest? We’ve picked out a selection of great deals to get you started and to help you save some pennies!

Sometimes Coral gets these freaky royal bet predications right…

The smartphone maker has gone back to the future for its latest smartphone

Rev Libby Lane says she is looking forward to the day when more women are nominated for the role of Bishop.

And now Old St Nick’s in the nick!

TOP Stories

The Metropolitan Police said McKoy hit his partner in the head with a hammer at least 17 times [Photograph from Metropolitan Police]

A Hackney man has been found guilty of battering his ex-partner to death with a hammer and slashing his baby daughter’s throat – whilst her elder daughter overheard the horrific events on the phone.

14:41
Will the Queen abdicate on Christmas Day? (Photo by Danny Lawson - WPA Pool/Getty Images)

Bookmakers Coral have suspended bets on the Queen abdicating on Christmas Day after a flurry of flutters.

Do you recognise this man? British Transport Police want to speak to him [Photograph from BTP]

British Transport Police want to speak the man in this photo after a woman was sexually assaulted as she slept on a train between Liverpool Street and Witham.

London Bloggers

Thursday, November 27, 2014
The main room at the Museum of Comedy (Pic: Steve Ullathorne)

This week I visited the Museum of Comedy located at the corner of Museum Street and Bloomsbury Way in the crypt under St George’s Church.

Thursday, November 27, 2014
Bird Lovegod

I genuinely and honestly have only a slight problem when it comes to buying domain names.

Friday, November 14, 2014
Bird says back up your data

What happened after a friend of mine lost basically everything he’d created in the last 5 years: