LA-Based AEG Presents Acquires PromoWest Productions
Los Angeles-based live entertainment company AEG Presents has announced that it has acquired PromoWest Productions.
AEG Presents operates in North America, Europe and Asia through 16 regional offices, produces iconic festivals like Coachella, Electric Forest, and Firefly, and owns, books or manages more than 80 clubs and theaters.
Founded in 1983 by Scott Stienecker, PromoWest has grown to be the largest independent live music promoter in the Midwest. The company is responsible for indoor and outdoor venues EXPRESSS LIVE!, the Basement, A&R Music Bar, and the legendary Newport Music Hall. The partnership will expand AEG’s presence in the Midwest, which will include concert venue STAGE AE in Pittsburgh and Bunbury Music Festival in Cincinnati. The move also follows AEG’s acquisition of the historic Agora Theatre in Cleveland.
Stienecker will continue to oversee PromoWest Productions as CEO, operating as a division of AEG Presents.
“After getting to know AEG Presents and their senior management, it became more and more clear to me that both of our organizations were built from a common entrepreneurial spirit and culture. I am certain this partnership is right for PromoWest and AEG Presents is truly the right fit for us,” said Stienecker. “I believe our partnership with AEG Presents will provide us an additional collection of resources and assets that will allow us to continue to build on our achievements and take our company to an even higher level.”
For more information on PromoWest Productions, visit promowestlive.com.