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Webinar recording – How the public sector can improve the performance of its existing (and future) entertainment and cultural assets

21 November 2024

This session was co-hosted by DWF with IPW (the leading commercial advisers to Contracting Authorities in this sector) and focused on how to develop new cultural and entertainment venues, invest in existing venues to improve performance and how to maximise visitor numbers and income through partnering with world class operators.

The session provided practical advice on how to:

  • turn subsidised arenas, theatres, music venues and conferences/ exhibition facilities into concession opportunities involving payments to public sector bodies;
  • attract private sector / support public sector investment into your facilities, and deliver projects that maximise outputs from existing public funding;
  • attract market-leading operators to improve the leisure and culture offer to local residents and attract new visitors to an area;
  • improve the financial performance of existing venues;
  • ensure that the operating model and terms of reference/ engagement are aligned with your priorities as the venue owner; and
  • maximise competition (and value) through a short and focussed procurement procedure alongside a subsidy control compliant legal structure.

The webinar used anonymised examples from case studies of successfully completed projects as the backdrop to show what can be achieved.

IPW speakers – Nick Russell, Tristan Pople and Kelly du Preez


Watch our webinar recording:

 

Further Reading