Academy Music Group acquires Edinburgh venue

Academy Music Group (AMG) has acquired the Edinburgh Corn Exchange.

The 3,000 capacity venue, set to become the 20th owned and operated by AMG across the UK, will be renamed 02 Academy Edinburgh from today (September 1).

AMG Chief Operating Officer Graham Walters says the venue fits with the company's ethos of investing in heritage buildings.

"It has a number of diverse secondary spaces, flexible formats and configurations that we’ll be looking at over the coming months to complement programming and events in the main auditorium."

Gareth Griffiths, Head of Sponsorship for 02, said the acquisition "demonstrates O2 and Academy Music Group’s commitment to enhancing the live industry in Scotland".