Mergers & Acquisitions

Loft Entertainment and Oak View Group acquire Canadian Music Week

Featured Image: Canadian Music Week

Loft Entertainment, an entertainment company that invests in talent, and venue development company Oak View Group have announced the acquisition of Canadian Music Week.

The pair state that Canadian Music Week is one of the premier music festivals in North America and the move “marks a significant milestone in the expansion of both companies’ footprints in the entertainment and live event sectors”.

Additionally, the founder and president of Canadian Music Week, Neill Dixon, will retire after 42 years.

“We are incredibly proud to bring Canadian Music Week into the Loft Entertainment Media family in partnership with Oak View Group,” said Loft Entertainment founder Randy Lennox.

“CMW has a rich history of championing music and artists, and we are committed to building on that legacy. Our vision is to enhance the festival experience, creating new opportunities for artists and attendees alike, while maintaining the core values that have made CMW a beloved event.

“As Neill Dixon steps into a well-deserved retirement, we honour his remarkable dedication to making CMW the influential event it is today. His vision has set a high standard that we are eager to uphold and expand upon.”

Canadian Music Week will continue to be headquartered in Toronto with upcoming dates and details for the 2025 festival set to be released soon.

“Oak View Group is delighted to expand our investment in the Canadian market and partner with Loft Entertainment in acquiring Canadian Music Week,” said Oak View Group Canada president Tom Pistore.

“This acquisition, along with our Hamilton Arena Project, aligns perfectly with our mission to elevate live entertainment experiences across the globe. We look forward to leveraging our expertise in venue management and conferences to take CMW to new heights. Together, we aim to deliver an unforgettable experience that celebrates the vibrant music culture of Canada and beyond.”