Angel Music Group Ltd taken over by MAMA
Cross-sector music company MAMA Group Plc has continued a run of recent acquisitions by purchasing a seventy percent stake in Angel Music Group Ltd. This means that London based MAMA, which operates the Barfly chain, the Hammersmith Apollo and the Borderline – venues bought from Mean Fiddler last year, will own a majority stake in AMG’s live music and festival brands.
MAMA will inherit rights to dance music festivals Global Gathering and Escape into the Park as well as acquire leading dance music brand Godskitchen.
New contender in the market from Red Bull and Ministry of Sound
The competition in the cola market is hotting up as Red Bull launches Red Bull Simply Cola. The first new brand from the global manufacturer since sugar free Red Bull, this boasts a ‘premium product’ status with no additives, preservatives, artificial colourings or flavours. With premiumisation evident across the drinks categories, Red Bull are confident that cola will be next to get swept up in the craze.
April saw the launch of Ministry of Sound’s addition to the vodka market with the unveiling of MoS Vodka. The triple-distilled premium brand is being backed with a quirky ad campaign and the 70cl bottles will carry the Ministry of Sound logo. Promotions will be cantered around a house party theme to reinforce the brand’s heritage in house music.
Wine Drinkers Won’t Cut Back
Research commissioned by the Wine and Spirit Trade Association (WSTA) found that Wine lovers would prefer to give up sweets, chocolate and beer rather than reduce spending on their favourite tipple. The Wine Intelligence survey also revealed that when buying for the same type of occasion men spend more on a bottle of wine than women and that wine drinkers aged under 35 spend more on wine than those over 55. WSTA chief executive Jeremy Beadles said: “With household budgets feeling the squeeze it should be a source of some comfort to the trade that many regular wine drinkers will pause for thought before they cut back on wine purchases.”
New Pub Restaurant Brand
Whitbread has formally launched its new pub restaurant format, Table Table.Research by Whitbread showed customers want more choice. Table Table has different styles of space throughout, from cosy and intimate to large party areas in separate rooms. They can also choose whether to be served at the table or order at the bar, with food ranging from upmarket versions of traditional pub meals to sharing platters and three course suppers.
Go Green
Sustainable businesses scheme Envirowise has launched a range of free energy saving factsheets to help licensees save money. The factsheets offer tips on how to cut utility bills, how to cut water and how to make sure cooking and refrigeration equipment runs efficiently and advice on recycling such as splitting coloured glass, paper and cardboard.
Factsheets available include Drinks Service, Food Preparation and General Hospitality.
To get a copy visit www.envirowise.gov.uk or call 0800 585 794.
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