Live Nation is
to host a series of concerts and festivals at the Olympic Park and Stadium this
summer.
The Wireless Festival and Hard Rock Calling - which
were previously held in London's Hyde Park - are the first events confirmed for
the venue.
The move ends a 10-year link the concert promoter had
with The Royal Parks.
Live Nation previously had complaints from residents
about noise levels at events it has hosted in the park.
Last July, fans at Hard Rock Calling were left
bemused when Bruce Springsteen and Sir Paul McCartney's microphones were
switched off during a duet after a concert over-ran.
According to Westminster Council, Live Nation took
the decision to end the concert "to comply with their licence".
It is believed the concert promoter pulled out of
bidding for a new contract with the Royal Parks Agency (RPA) in a dispute over
the tendering process.
It had been reported
Live Nation branded the process "flawed" saying the RPA did not
recognise the complex logistics and costs associated with running big events.
In November, rival promoter AEG Live was eventually
awarded a new five-year contract to stage concerts at the park.
The RPA said the company would provide entertainment
while minimising the impact on the local community.
Live Nation was awarded the Olympic Park contract by
the London Legacy Development Corporation (LLDC), which is responsible for
future use of the Olympic Park and its venues.
"The confidence now shown by one of the world's
leading live entertainment promoters to relocate two of its biggest music
festivals from the centre of the capital is a ringing endorsement of our legacy
plans," Mayor of London and LLDC chairman, Boris Johnson, said.
"Along with the other major international sports
events we have already secured this latest news proves that the park has a very
bright future indeed."
Both Wireless and Hard Rock Calling will be held in
July in the North Park.
Live Nation said it plans to announce "some
major concerts with world-renowned artists" over the coming weeks.
Source: BBC
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