ASM Global, Live Nation and Oak View Group pledge to end doing business with Russia

March 4, 2022

Entertainment / Venues /

Global entertainment groups ASM Global, Live Nation and Oak View Group are among those that have undertaken not to do business with Russia following the country’s invasion of Ukraine.

Live Nation, which had a Moscow office in the early 2010s as it expanded its operations in the region, has vowed not to promote shows in Russia and says it is cutting ties with Russia-based suppliers.

In a statement released to live music news platform IQ, the Los Angeles, USA-based company advised “Live Nation joins the world in strongly condemning Russia’s invasion of Ukraine

“We will not promote shows in Russia, and we will not do business with Russia. We’re in the process of reviewing our vendors so we can cease work with any and all Russian-based suppliers.”

ASM Global, whose portfolio of venue includes Moscow Convention Centre and Moscow's MTS Live Arena, said it “stands with the people of Ukraine and condemns Russia’s actions", noting "we fervently support a community’s right to freedom.

“Our thoughts are with the people of Ukraine, their families, and loved ones all around the globe.”

Earlier in the week, global venue development, advisory and investment company for the sports and live entertainment industries Oak View Group (OVG) announced it was boycotting Russia amid widespread outrage over the country’s actions.

OVG’s Climate Pledge Arena lit up Seattle Center in the colours of the Ukrainian flag in a gesture of support for #StandWithUkraine.

In a statement, OVG explained “in light of the tragic conflict rapidly unfolding in Ukraine, Oak View Group has pledged to not do business in or with Russia, nor will we serve Russian brands in any of our venues on a global basis, effective immediately,

“We stand with the people of Ukraine, we condemn the actions of Russia, and we hope our stance inspires others in our industry to take action where they can.”

The announcement immediately affects OVG hospitality services worldwide, in order to take a clear and strong stance to #StandWithUkraine and its people by denouncing business with Russia.

Image: Moscow's MTS Live Arena.

4th March 2022 - Paralympics Australia endorses IPC decision to ban Russian and Belarusian athletes from Beijing Paralympics

2nd March 2022 - FIBA release statement on Russian teams and officials

1st March 2022 - Venues around the world light up in solidarity with Ukraine

28th February 2022 - Swimming Australia welcomes FINA decision to cancel Russian-hosted World Junior Championships

27th February 2022 - FINA cancels World Junior Championships in Russia

25th February 2022 - SportAccord cancels World Sport and Business Summit due to have been held in Russia

24th February 2022 - Live Nation expresses optimism about the power and resurgence of live events

14th February 2022 - ASM Global announces new Commercial Director at Dubai’s Coca-Cola Arena

11th February 2022 - ASM Global looks to hire 1,000 employees across intercontinental jobs fairs

3rd December 2021 - ASM Global enters partnership to track fan experiences

25th November 2021 - Live Nation announces further Asia Pacific expansion with appointments of experienced leaders Guy Ngata and Richard Tsuchida

23rd November 2021 - ASM Global grows Asia Pacific footprint with new Singapore regional headquarters

21st October 2021 - ASM Global’s Geoff Donaghy selected for induction into US Event Industry Council’s Hall of Leaders

7th September 2021 - ASM Global appoints inaugural General Manager for Bahrain International Exhibition and Convention Centre

31st August 2021 - ASM Global appointed managing operator for two venues in Saudi Arabia

16th July 2021 - Live Nation expands Western Australian operations with acquisition of Mellen Events

27th February 2021 - Live Nation confident of future shows despite major revenue fall

21st September 2020 - Live Nation appoints senior leadership roles within its Asia Pacific division

11th May 2020 - Live Nation says no return to ‘full scale’ concerts until 2021 as it looks to drive-in events

28th April 2020 - Saudi Arabian investment fund acquires 5.7% stake in Live Nation

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