Air Entertainment Group puts Air Studios on the Market
Successful Hampstead based facility Air Studios is to be offered
for sale as a going concern. Richard Boote, who bought the studio
from Sir George Martin six years ago, has decided to concentrate
all his efforts on the new businesses set up over the last two
years by the Air Entertainment Group. These include Strongroom
Alive Radio, development of Apps and a digital distribution
platform to be launched soon. The Strongroom Bar & Kitchen are
also to be developed in other locations.
Air Studios was established in 1969 by Sir George Martin in
Oxford Street. Air Studios moved to its current location, a
prestigious converted Victorian church in London's Hampstead, in
Air Studios is constantly used to record major film scores that
regularly feature in each year's Oscar line up. Alongside the large
orchestral studios are studios that host some of the world's
greatest recording artists, such as George Michael and Coldplay.
The main hall of the studios is regularly used for live concerts
and television recordings.
Richard Boote, Chairman of the Air Entertainment Group and
founder of Strongroom, who acquired the AIR Studios in 2006 said,
"Air Studios is a profitable part of our business and the decision
to put Air on the market has been a difficult one. However, with
the Group's vision of content creation and a more public-facing
focus, it was felt that the Studios would benefit longer term from
having an owner that will continue its great recording heritage
that keeps it on a par with Abbey Road."
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