In May 2005, AEG Europe announced that it would transform the former Millennium Dome and the surrounding area into the UK’s most exciting and technically advanced music, sport and entertainment destination. It was renamed The O2 and opened in June 2007.
The centrepiece of the multi-million pound development is the 20,000 capacity indoor arena, the most popular music arena in the world. There is also a live music venue – indigO2 – with a capacity of 2,350, The O2 bubble – a state of the art exhibition space that is host to the British Music Experience, the UK’s interactive museum of popular musicc – an 11 screen cinema complex, and a vibrant ‘Entertainment District’ featuring a variety of bars, restaurants, nightclubs and leisure facilities.
The O2 arena sold more tickets than any other arena in the world in 2011 (breaking all previous records) – making it the most popular music venue in the world for the fifth year running.
Since opening The O2 has picked up many industry awards including Venue of the Year at the Music Week Awards, Pollstar International Arena of the Year (5 years running) and Best New Major Concert Venue, Venue of the Year at The Event Services Association and Favourite Venue at the TPI Awards.
In Zone 2 of London’s Underground, The O2 is situated on the Greenwich Peninsula next to the North Greenwich station on the Jubilee Line, which provides direct access to central London in less than twenty minutes. KPMG Thames Clippers’ high-speed catamarans run a ferry service from central London to North Greenwich pier next to the venue every 20 minutes.
The O2 is an official venue for the 2012 Olympics hosting both the gymnastic and basketball events.
AEG employs more than 3,000 staff in over 45 operating companies worldwide. Its international head office is in Los Angeles, and its European headquarters is based in London.