AEG Dips Into RockNess

AEG Live continues to dip its toe into the U.K. outdoor market with the purchase of a controlling stake in Scotland’s RockNess Festival.

It’s not been disclosed how much the Los Angeles-based company paid for the annual Scottish dance and alternative music event, which is now in its third year.

The lineup for the June 7-8 bill included Fatboy Slim, The View, Razorlight and Underworld backed up by more than 40 acts and DJs.

AEG says the deal is a "natural extension" toward it playing an increasingly key role in Britain’s busy festivals market.