British Music Experience
Spearheaded by music mogul Harvey Goldsmith, designed by Land Design Studio and funded by The O2 owners AEG, BME was created to fill a gap in the UK Heritage sector for Rock and Pop Music. Previously, the National Centre for Popular Music in Sheffield had attempted to achieve this but failed to attract visitors and was eventually closed.
The British Music Experience has been set up as a charitable trust and has been funded by £9.5m worth of investment from AEG who hope to recoup their costs within five years. Sponsorship agreements with The Performing Rights Society, Gibson Guitars and Sennheiser amongst others have helped establish the exhibition. In 2010 the UK's fifth biggest food retailer, The Co-operative Group, signed on as the exhibition's main sponsor, pledging to give away 15,000 tickets over the next three years.
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