* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Music Venue Trust & Music Venue Properties Announce Second Purchase

May 12, 2024
in Entertainment
Music Venue Trust & Music Venue Properties Announce Second Purchase
Share on FacebookShare on Twitter

Music Venue Trust

Photo Credit: Music Venue Trust

UK charity Music Venue Trust announces the second acquisition for Music Venue Properties under its first-of-its-kind Own Our Venues scheme.

The Ferret in Preston, a 200-capacity venue which has hosted artists like Ed Sheeran, Idles, Alt-J, Royal Blood, and many more, will now be placed into a permanent protected status.

Dubbed the National Trust for Grassroots Music Venues (GMV), Own Our Venues was initially launched as a community share offer in 2022. To date, almost £2.6 million ($3.26 million) has been raised from over 1,200 individual investors. Funding was matched with a £500k ($626k) investment from Arts Council England; the figure includes loans of £150k ($187k) from Preston City Council and £500k from Arts & Culture Impact Fund.

Immediately following the purchase, The Ferret’s operators have signed a ‘cultural lease’ with Music Venue Properties (MVP), which is an innovative agreement specifically created by MVP to guarantee that as long as The Ferret operates as a GMV for their local community, they can enjoy the use of the building.

“This is a monumental moment for The Ferret,” said Matt Fawbert, Director & Program Manager of The Ferret. “We’re extremely pleased to be able to say that our venue is now safe and secure for years to come. We want to thank everyone who invested and donated, but today we especially want to thank our friends at Music Venue Properties.”

“To have a landlord that is dedicated to live music and supporting grassroots music venues gives us the security and confidence to not only continue delivering great live music to the people of Preston but also to invest even more in grassroots music and culture and create something very exciting in our city.”

Adam Devonshire of the band Idles, who have played at The Ferret, added, “We’ve been fortunate enough to be looked after by the wonderful, hardworking team at The Ferret on a couple of occasions now, so can easily attest to how important a role it plays within the city and how vital a cog it is within the network of grassroots venues in this country. Venues like this are the backbone of the industry, and they must be protected by all means necessary.”

The purchase of The Ferret follows the acquisition in October 2023 of The Snug in Atherton, Greater Manchester, and a further seven venues across the country have been identified for purchase in this initial phase.

Like The Ferret, 93% of GMVs are tenants with the typical operator only having 18 months left on their lease. This issue of ownership underpins almost every other challenge GMVs have faced during the last 20 years, including gentrification, noise complaints, underinvestment, and poor economic models.

“This second purchase by Music Venue Properties is further demonstration that, when the music community comes together around a great idea, we can deliver a real positive change to the UK’s Grassroots Music Venue sector,” said Mark Dayvd, CEO of Music Venue Trust.

“The Ferret is the second venue removed from the commercial marketplace under the Own Our Venues scheme,” Dayvd continues. “It is now able to make long-term plans for its future and the future of live music in Preston, as a result of a new cultural lease that provides it with permanently protected status. We have already seen the huge difference this has made for The Snug in Atherton, and we want to see this project rolled out to many more venues across the country.”

“Music Venue Properties are very proud to move a second venue into community ownership and to be at the forefront of this exciting, and much-needed, grassroots movement,” concludes Matthew Otridge, Music Venue Properties. “Just over two years ago, The Ferret team found out their building was up for sale when a sign was mounted on the front of the building, but today they can look forward to working with a landlord who will support its ambition to bring music to its local community.”

“The cultural lease MVP has created will help to alleviate many of the pressures of a commercial lease and will allow the operators to start focusing on their long-term goals for the building. Crucially, it also guarantees the community of Preston, and the artists who rely on this network of GMVs, that this building will always be a Grassroots Music Venue.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : DigitalMusicNews – https://www.digitalmusicnews.com/2024/05/09/music-venue-trust-properties-announce-second-purchase/

Tags: entertainmentMusicVenue
Previous Post

Cinq Music Acquires ‘Expansive’ Flow La Movie Catalog, Touts ‘Proven Track Record in Latin Music’

Next Post

TikTok Booted from Tech Lobbying Group as Capitol Hill Pressure Mounts

Cash Flows: Industry, Ecology, and the Future of the Great Lakes Blue Economy – Michigan Public

Cash Flows: Industry, Ecology, and the Future of the Great Lakes Blue Economy – Michigan Public

May 9, 2025
Under Trump, job prospects look ‘bleak’ for Mass. grads in environmental science – WBUR

Massachusetts Environmental Science Graduates Face Gloomy Job Prospects Under Trump Administration

May 9, 2025
A Leaked Memo Reveals Details About Trump’s War on Science at the NIH – Mother Jones

Inside the Leaked Memo: Uncovering Trump’s Battle Against Science at the NIH

May 9, 2025
Hyatt Lifestyle Group opens inaugural property in Florida – Hotel Dive

Hyatt Lifestyle Group Unveils Its First Florida Gem!

May 9, 2025
2025 IIHF World Championships Begin for Danault, Chromiak, Slukynsky – LA Kings Insider

Exciting Kickoff: Danault, Chromiak, and Slukynsky Take Center Stage at the 2025 IIHF World Championships!

May 9, 2025
US Farm Economy Is Starting to See First Hits From Trump Tariffs – Bloomberg.com

US Farm Economy Faces Initial Impact from Trump Tariffs

May 9, 2025
Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

May 9, 2025
Georgia first responders unite for mental health conference to combat trauma – FOX 5 Atlanta

Georgia First Responders Join Forces for Groundbreaking Mental Health Conference to Tackle Trauma

May 9, 2025
Upcoming changes at CIA shine a spotlight on the spy agency’s director John Ratcliffe – CNN

Transformative Shifts at the CIA: Spotlight on Director John Ratcliffe

May 9, 2025
Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

May 9, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (595)
  • Economy (606)
  • Entertainment (21,519)
  • General (15,210)
  • Health (9,648)
  • Lifestyle (611)
  • News (22,149)
  • People (609)
  • Politics (613)
  • Science (15,828)
  • Sports (21,116)
  • Technology (15,596)
  • World (596)

Recent News

Cash Flows: Industry, Ecology, and the Future of the Great Lakes Blue Economy – Michigan Public

Cash Flows: Industry, Ecology, and the Future of the Great Lakes Blue Economy – Michigan Public

May 9, 2025
Under Trump, job prospects look ‘bleak’ for Mass. grads in environmental science – WBUR

Massachusetts Environmental Science Graduates Face Gloomy Job Prospects Under Trump Administration

May 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version