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

It seems the whole nation are sat on their sofas crying to Text Santa.

Read more

And they have a role to play in saving their species.

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!

And they have a role to play in saving their species.

Twinkle, twinkle you little stars – thanks for making your homes so festive.

Offers for university places are at a record high.

TOP Stories

Fabric club in Charterhouse Street

Clubbers across the globe are breathing a sigh of relief now that Farringdon superclub Fabric has been allowed to stay open.

The three teenagers were found guilty of killing Paul Thrower with an axe at a block of flats in Hayes (Picture: Metropolitan Police)

Three 18-year-olds have been jailed for their part in a “wicked and unnecessary” axe and knife attack reminiscent of The Shining. An unnamed 17-year-old was cleared of involvement.

12:12
Alison Morrison was stabbed near her home in Harrow yesterday morning (Picture: Google Streetview)

A woman stabbed to death outside her home in west London was allegedly locked in a bitter dispute over a shared driveway with her neighbour, who has been arrested on suspicion of her murder.

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: