Live Nation has acquired a majority stake in Hong Kong-based event organizer Clockenflap.
Clockenflap specializes in music festivals and concerts, and its flagship festival Clockenflap Music and Arts is described as “one of Asia’s best-known festival brands”.
The Clockenflap team will continue to curate, manage and produce its festivals and events, now with access to Live Nation’s festival portfolio and resources, according to a press release.
The Clockenflap Music and Arts Festival returned from March 3-5, after a four-year hiatus, with a sold-out event featuring artists including Arctic Monkeys (UK), Balming Tiger (Korea), Bombay Bicycle Club (UK), The Cardigans (Sweden), Chai (Japan), HYBS (Thailand), Leenalchi (Korea), Miletus (Japan), NYPD (Hong Kong), Wu-Tang Clan (USA) and Yellow (Taiwan).
Founded in 2008, the three-day, 30,000 a day cap festival takes place annually at the Central Harbourfront Event Space in Hong Kong.
The festival has announced the dates for its next edition, which will take place from December 1 to 3, 2023.
Clockenflap also hold regular concert tours in Hong Kong under the Clockenflap Presents brand, with recent sold-out shows announced for Cigarettes After Sex and Honne.
Live Nation says its partnership with Clockenflap comes as events across Asia, particularly in Hong Kong, see “a blossoming of activity”.
Justin Sweeting, co-founder and musical director of Clockenflap, said that the support and resources that Live Nation brings “will help the Clockenflap Music and Arts Festival solidify its position as one of the best urban festivals in the world”.
“It was a wonderful feeling to see such a large crowd at the festival last weekend – Clockenflap has one of the most positive and open-minded audiences in the world,” Sweeting said.
“The Live Nation team shares our vision of Clockenflap as one of the best urban festivals in the world, and with Live Nation’s support and resources, I’m excited for the future of the festival.”
“The partnership with Clockenflap further demonstrates that Live Nation is committed to bringing world-class festivals and live entertainment experiences to Hong Kong fans.”
Roger Field, Live Nation Asia-Pacific
Roger Field, President of Live Nation Asia Pacific, added, “Partnering with Clockenflap further demonstrates that Live Nation is committed to delivering 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 abilities, and through Live Nation’s global network, we will enhance and grow the Clockenflap brand and bring new and exciting live opportunities to the region,” Field said.
“By joining forces with global entertainment leaders, Live Nation, we can continue to grow the festival and expand our event business in Hong Kong and the region.”
Mike Hill, co-founder and managing director of Clockenflap, said: “Over the past 15 years, we’ve grown Clockenflap into a world-class, three-day festival.
“By joining forces with global entertainment leaders, Live Nation, we can continue to grow the festival and expand our event business in Hong Kong and the region.”The music industry around the world