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Live Nation announces acquisition of majority stake in Clockenflap Festivals and Clockenflap Presents in Hong Kong

Live Nation announces acquisition of majority stake in Clockenflap Festivals and Clockenflap Presents in Hong Kong
March 23, 2023

Live Nation has announced it has acquired a majority interest in Clockenflap, the Hong Kong-based event organiser specialising in music festivals and concerts, and its flagship Clockenflap Music and Arts Festival, one of the best known festival brands in Asia.

Founded in 2008, the three-day, 30,000-per-day capacity Clockenflap Music and Arts Festival takes place annually at Hong Kong’s Central Harbourfront Event Space.

Making its much-anticipated return over the weekend of 3rd to 5th March after a four-year hiatus, the sold-out event featured live performances from a diverse array of artists including Arctic Monkeys (UK), Balming Tiger (Korea), Bombay Bicycle Club (UK), The Cardigans (Sweden), Chai (Japan), HYBS (Thailand), Leenalchi (Korea), Milet (Japan), N.Y.P.D (Hong Kong), Wu-Tang Clan (US) and Yellow (Taiwan).

The festival has announced the dates for its next edition, which will take place from 1st to 3rd December.

Clockenflap also organises regular touring concerts in Hong Kong under the brand Clockenflap Presents, with recent sold-out shows announced for Cigarettes After Sex and Honne.

The partnership between Live Nation and Clockenflap comes as events across Asia, particularly in Hong Kong, are seeing a bloom in activity.

Advising that the support and resources Live Nation brings will help Clockenflap Music and Arts Festival cement its position as one the best city festivals in the world, Justin Sweeting, co-founder and Music Director of Clockenflap, stated “it was a wonderful feeling seeing a capacity crowd at the festival last weekend - Clockenflap has one of the most positive and open minded audiences in the world. The Live Nation team share our vision for Clockenflap being one of the best city festivals in the world, and with Live Nation’s support and resources, I’m excited for the future of the festival.”

Roger Field, President of Live Nation Asia Pacific said Clockenflap’s festival delivery and expertise is invaluable asset across the Asia region, adding “partnering with Clockenflap further demonstrates that Live Nation is committed to bringing world-class festivals and live entertainment experiences to Hong Kong fans.

“Our team is dedicated to supporting Mike, Justin and their team’s exceptional skills and capabilities, and through Live Nation’s global network we will enhance and grow the Clockenflap brand and deliver new and exciting live opportunities to the region.”

Mike Hill, Co-founder and Managing Director of Clockenflap said by joining forces with Live Nation, Clockenflap can continue to grow its activities in Hong Kong and regionally, going on to say “over the last 15 years we have grown Clockenflap into a world-class three-day festival. By joining forces with the global leaders in entertainment, Live Nation, we can continue to grow the festival and expand our event activities in Hong Kong and regionally.”

The Clockenflap team will continue to curate, manage and produce its festivals and events, now with access to Live Nation’s unparalleled festival portfolio and resources.

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

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

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

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

5th February 2020 - Live Nation partners with Mirvac to deliver new immersive experience in Sydney


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