SMG is the world’s leading venue management company, and it operates/manages dozens of convention centers, exhibition halls and trade centers, arenas, stadiums, performing arts centers, theaters, and specific-use venues.
The company was founded in 1977 when it first began managing the Louisiana Super Dome. Since then, the Pennsylvania-based company has signed deals with venues all over the world with a concentration on North America.
In the fall of 2008, the company signed a five-year partnership deal with Live Nation to allow the entertainment giant’s burgeoning ticketing operation to be the exclusive ticket seller for SMG’s North American venues.
AEG Facilities and SMG have officially completed their merger this week to create ASM Global. AEG Facilities, the venue management subsidiary of AEG, announced the deal with the Onex-owned SMG in February, which was just cleared by the UK’s Competition and Markets Authority as well as the U.S. Department... Read more
Billboard is reporting that the proposed merger between AEG Facilities and SMG has been cleared by the UK’s Competition and Markets Authority (CMA), as well as the U.S. Department of Justice. A formal closing of the deal that would create the world’s biggest company in facility management is expected... Read more
The UK’s largest arena venue manager, SMG Europe, has announced that it will once again make Ticketmaster, a Live Nation Entertainment company, their official ticketing partner. SMG Europe is a wholly owned subsidiary of SMG and owns multiple arenas and theaters across the country. These include well-known venues like... Read more
SMG, a leading venue management company with a portfolio of some 500 arenas, stadia, theatres, amphitheatres and convention centers across North America, Europe and Asia, has been acquired by Toronto-based private-equity firm Onex Corporation in partnership with SMG’s existing management team, Northlane Capital Partners, Onex announced today. A potential purchase by Live... Read more
In a move that would make its already enormous market share in live events even more dominant, Live Nation is reported to be among the bidders for venue management giant SMG, according to multiple outlets. SMG, which has the world’s largest venue portfolio – some 500 arenas, stadia, theatres,... Read more
“SMG and ARAMARK Join Forces to Manage $100 Million Concession Business in Live Nation’s North American Amphitheaters” LOS ANGELES, CA (PRNewswire-FirstCall) October 27, 2008 — Live Nation announced today a unique five-year agreement that unites SMG-SAVOR, the foodservice division of global event management giant SMG, and ARAMARK, a world... Read more
The announcement this week that Live Nation inked a five-year ticketing deal with venue operator giant SMG sent shockwaves through the ticket industry, and had some financial analysts saying that Ticketmaster could be in trouble if it doesn’t reassert itself quickly and decisively. At the end of yesterday, Thursday,... Read more
In a major blow to rival Ticketmaster, Live Nation has signed a ticketing deal with venue operations giant SMG that calls for Live Nation to sell tickets for SMG’s North American facilities over five years. The deal begins in 2009 when Live Nation officially launches its new ticketing operation,... Read more