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

The X Factor’s Chloe Jasmine Whichello is planning to get her back on Simon Cowell, following her exit.

Read more

Lukas Podolski has killed any possible rumours of him moving to Spurs.

Read more

Promotions

AGA Living Subscription

Every issue of AGA Living magazine is packed full of celebrity AGA owner interviews, interior and design features, ideas to inspire your culinary imagination, mouth-watering recipes and inspirational shopping ideas.

Dojo gives you hand picked recommendations for events, places and activities in London

Tired of always hearing about some amazing event in London after its gone, missing out on the best activities? That’s where Dojo comes in.

This bread came first in a culinary competition and is priced at £25 a loaf.

Spotify Family will enable multiple users to stream and create playlists from within a single plan.

One university has a different approach to initiating its students and, by the looks of it, it’s a lot more fun.

Cheryl Fernandez-Versini’s husband has accepted damages after taking action over a magazine article about his family life.

TOP Stories

Yesterday, 19:00
Brian Harvey on stage at an East 17 reunion at the Shepherds Bush Empire  in 2006, after surviving a suicide attempt the year before.

Brian Harvey, of the nineties boyband East 17, today marched up to the gates of Downing Street and asked to see the Prime Minister.

Yesterday, 18:47
British Ebola sufferer William Pooley is returning to the country where he caught the disease [Picture: Andrew Matthews]

The Ebola survivor who was treated at the Royal Free Hospital has flown back to the country where he caught the deadly virus.

Yesterday, 17:14
Twitter user @Shafinuur, who was involved in the crash, tweeted this picture with the message:

Forty-five people were rushed to hospital today after a bus flipped over in Barnet, North London.

London Bloggers

Wednesday, September 17, 2014
The cast, including Josie Lawrence and Mike Myers

Simon Collins catches up with the improv impresarios, who despite being the world’s longest-running comedy show with the same cast, have lost none of the razor-sharp wit:

Monday, September 1, 2014
Do you really need an explanation for that?! (Pic by Serena Marinelli)

If you’ve ever seen an Italian movie, you would probably know how important body language is in the culture.

Tuesday, August 26, 2014
Don't waste any of your harvest

If you are now inundated with ripe tomatoes, juicy green beans, berries and herbs, don’t leave them to go stringy or mouldy because the freezer can go a long way to making your crops last well into winter.